Business

Profits at Daimler Truck AG jumped 120% year-over-year in the fourth quarter of 2023 on strong demand plus higher prices and margins. 

Truck maker Navistar announced Feb. 26 it has made the first deliveries of its International LT Series equipped with the International S13 Integrated Powertrain.

Fourth-quarter financial results from within the trucking industry showed carriers continue to navigate a sluggish market with little signs of a turnaround, according to analysts.

A 74-count federal indictment was filed against four Massachusetts State Police officers and two others in connection with a commercial driver license fraud scheme. 

J.B. Hunt Transport Services Inc. announced that company president Shelley Simpson is also taking on the post of CEO, effective July 1.

The trucking spot market has remained in a down cycle for more than a year as the number of trucks and drivers diminished — albeit at a slower rate than the decline in overall freight demand.

Trucking stakeholders in Washington state helped defeat a Senate bill that aimed to institute stringent truck-idling provisions modeled after California emission regulations.

A Google search for “end of free shipping” churns out dozens of media and trade group reports. This time, however, consumer concerns may be warranted.

Volvo Trucks North America provided a deeper dive into the communications enhancements the truck maker’s redesigned VNL Class 8 tractor offers, including options to reduce downtime.

Forward Air Corp. experienced a 138% earnings drop year-over-year during the fourth quarter of 2023, the company reported Feb. 28.