Eaton Q2 Profit Jumps 23.8%
Eaton Corp. posted net income of $744 million in the second quarter of 2023, a 23.8% increase compared with a $601 million profit in the same period a year earlier.
August 2, 2023Taylor Swift Reportedly Gives Tour Truckers $100,000 Bonuses
Taylor Swift has reportedly given $100,000 bonuses to the truck drivers who have been transporting her concert equipment across the country during her epic Eras tour.
August 2, 2023Nikola Begins Production of Hydrogen Fuel Cell Class 8 Truck
Nikola began production of the Tre hydrogen fuel cell electric truck July 31 at its Coolidge, Ariz., factory, the company said.
August 2, 2023UAW to Show List of Economic Demands to Automakers This Week
DETROIT — The United Auto Workers union will present a long list to General Motors, Ford and Stellantis when it delivers economic demands to the companies this week, the union’s president says.
August 2, 2023BNSF Train Engineers Offered Paid Sick Time
OMAHA, Neb. — Roughly 7,500 BNSF train engineers may soon get up to eight days of paid sick time and more certainty about their days off if they approve a new deal with the railroad.
August 2, 2023Yellow Reportedly Working on Loan From Apollo
Creditors led by Apollo Global Management Inc. are nearing a deal to provide Yellow Corp. with fresh cash during a coming bankruptcy, according to people with knowledge of the matter.
August 1, 2023Daimler Truck Q2 Profit Rises on Sales Tailwind
Daimler Truck posted a net profit of $1.101 billion in the three months that ended June 30, compared with $1.037 billion in the year-ago period, the company said Aug. 1.
August 1, 2023UPS-Teamsters Contract Takes Step Forward
Local union leaders voted in favor of a tentative labor agreement that UPS and the Teamsters reached July 25, an important step toward finalizing a deal that covers about 340,000 workers.
August 1, 2023Nikola Stock Surges as Retail Investors Pile In
A gravity-defying rally in electric vehicle startup Nikola Corp. is showing no signs of stopping, as the company’s latest efforts to conserve cash and secure funds reignites a stock fervor.
August 1, 2023How to Build Your Fleet's Tech Stack
Host Dan Ronan asked "The trucking industry is struggling to recruit and retain enough professional drivers in this tight labor market. How can technology help companies improve driver satisfaction and retention?" Drew Anderson, Senior Director of Product Development for PrePass, answered. Originally hosted during our first Transport Topics Magazine Series Event - Retool - we isolated the discussion to make it easier to enjoy and to share.
August 1, 2023