Truck Stops Continue Juicing Alternative Fuel Options
Truck stop operators continued to ramp up initiatives to diversify customers’ fueling options over the past month. But which technologies should they focus on?
Ryder Q1 Profit Slides on Lower Used Vehicle Sale Prices
Lower used-vehicle sale prices and the U.K. market exit hurt profits at Ryder System Inc. in the three months ending March 31, it said, as results fell short of analyst expectations.
Wabash Q1 Profit Jumps as Sales, Order Backlog Soar
Profits at trailer manufacturer Wabash jumped year-over-year in the three months ending March 31 as sales and margins rose while order backlog soared.
TFI Reports Lower Income, Revenue
TFI International profits slid year-over-year in the three months ending March 31, with its top executive saying April 26 that conditions in the quarter were tougher than expected.
Paccar Q1 Earnings Soar as Truck, Parts Margins Jump
Paccar saw its earnings jump 22% year-over-year in the three months that ended March 31 on the back of record revenue and a jump in margins.
Diesel Resumes Decline, Sheds 3.9¢ to $4.077 a Gallon
The national average price of diesel resumed its downward trend after a one-week pause, dropping 3.9 cents to reach $4.077 a gallon, according to the Energy Information Administration.
Volvo Q1 Earnings Jump as Sales Soar
Truck manufacturer Volvo Group posted net income of $1.25 billion, or 62 cents per share, in the three months that ended March 31.
Diesel Bumps Up 1.8¢ to $4.116 a Gallon
Diesel’s national on-highway average price ended its 10-week run of declines by rising 1.8 cents to $4.116 a gallon, according to Energy Information Administration data released April 17.
New Executives Chosen to Steer Pilot Overhaul
Pilot Co. is to replace its top two officers with executives hand-picked by its new majority owner as one of the biggest truck stop operators readies a major overhaul of its facilities.