Business

Daimler Truck unveiled Rizon, its newly branded lineup of Class 4 and Class 5 medium-duty electric trucks, during a press conference April 27.

Hub Group Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

Universal Logistics Holdings experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

ArcBest experienced a year-over-year decline in revenue and earnings due to a softer freight environment and the sale of its fleet maintenance subsidiary during the first quarter.

Class 8 truck sales in North America were the foundation on which record quarterly revenues at Allison Transmission were built in the first three months of 2023, the OEM said April 27.

United Rentals executives foresee a rosy outlook for the business and sector as a result of increased infrastructure spending in the coming months and years after posting increased year-over-year profits in the first three months of 2023, they said April 27.

Chinese truck maker Beiqi Foton Motor Co. is planning a second plant in Mexico to manufacture electric vehicles with an eye on U.S. exports.

WASHINGTON — A key index of underlying inflation that is closely followed by the Federal Reserve remained elevated in March, keeping the Fed on track to raise interest rates in May.

Arkansas has a new law addressing towing and storing electric vehicles after they have been in accidents.

Truck stop operators continued to ramp up initiatives to diversify customers’ fueling options over the past month. But which technologies should they focus on?