Paccar Inc. reported higher third-quarter net income and revenue amid gains in sales of trucks and parts.

Einride, the Swedish provider of an autonomous, all-electric transport vehicle, announced $25 million in Series A funding to assist in expanding to the United States, among other goals.

Volvo Group reported a marginal increase in net income and a modest bump in revenue in the third quarter, citing slowing markets for trucks, construction equipment, and marine and industrial engines.

U.S. Class 8 retail sales punched through to an all-time record high of nearly 29,000 in September, WardsAuto.com reported, but analysts cautioned against reading it as a turnaround.

PALM BEACH, Fla. — A leading consultant and top executives at three fleets outlined the state of the trucking industry and overall economy to trailer dealers and suppliers during a meeting here, with discussion focused on changing conditions and persistent concerns about softening demand.

U.S. retail sales of Class 4 through Class 7 trucks rose 5.8% in September compared with a year earlier, and included large gains in Freightliner sales of Class 7 vehicles.

Net U.S. trailer orders in September strengthened to nearly 19,000 compared with weaker tallies during the summer, but still were far below the record year-ago level, ACT Research reported.

PALM BEACH, Fla. — As the market slows, trailer dealers need to pay closer attention to customer relations, inventory management, accounts receivables and employees, an industry consultant said.

UPS Inc. announced it will spend $450 million to add 6,000 vehicles powered by compressed natural gas as well as supporting infrastructure beginning next year.

The U.S. average retail price of diesel slipped 1.9 cents to $3.047 a gallon, the Department of Energy reported Oct. 7, marking the third consecutive decline whereby the price has fallen 3.4 cents a gallon in the period.