Business

LONG BEACH, Calif. — The beginning of the end is here for the internal-combustion truck engine, said Roger Nielsen, CEO of Daimler Trucks North America, the largest truck manufacturer on the continent.

Landstar System on April 24 reported a record first-quarter earnings per share price of $1.58 on net income of $63.3 million, which compares with $1.37 per share on income of $57.5 million during the same period a year ago — beating Wall Street expectations.

AB Volvo reported first-quarter net income and revenue rose as it brought in more money from truck sales in all markets.

CHILLICOTHE, Ohio — Kenworth Truck Co. on April 24 broke ground to officially start construction on a $140 million, 120,000-square-foot paint facility addition to its Class 8 truck assembly plant.

Canadian Pacific Railway Ltd. said its first-quarter net income and revenue surged, bolstered by gains in the freight sector.

In an 18-month experiment, the city plans to limit car and truck traffic from a six-block stretch of the road, establishing a corridor featuring express buses, wide bike lanes and pedestrian-friendly walkways. The bus service will start in June.

The world’s largest chemical shipper and one of the largest bulk carriers in North America are investing $1 million in what they say is the first digital freight-matching network for shipping liquid bulk commodities by truck.

Walmart, The nation’s biggest grocer has partnered with a Texas cattle rancher and other industry-related businesses to provide a steady supply of no-hormone-added Angus beef to 500 of its U.S. stores beginning later this year.

Allison Transmission Holdings Inc. reported higher first-quarter net profit and revenue amid strength in the North American On-Highway market.

The Tennessee Trucking Association is ready for the state’s Super Bowl of safety, and reigning Grand Champion Phil Shelton of Walmart Transportation is returning to defend his title.