Business

Trucking companies today are inundated with fleet data. The constant juggling of system logins, dashboards, and alerts is not only overwhelming, but it’s inefficient and generates higher operating costs.

Nikola Corp. is launching updated branding for its hydrogen production, distribution and sales efforts, sharpening its focus on a segment integral to a company footprint that also includes production of fuel cell electric trucks and development of electric vehicle technology.

For their first order of business this year, Republicans on the transportation committee in the U.S. House of Representatives intend to delve into supply chain operations.

Covenant Logistics Group Inc. saw a 35% year-over-year decline in earnings amid marginal revenue improvements during the fourth quarter of 2022, the company reported Jan. 25.

Toll increases this year in Pennsylvania, New Jersey and New York are frustrating trucking companies that are having to pass on costs in the form of higher freight charges.

TOKYO — Toyota set up a new leadership team Jan. 26 in what the Japanese automaker said was a move to stay abreast of social changes like electrification and becoming a wider “mobility company.”

Tesla Inc. reported better-than expected profits in the latest quarter, signaling strength as it faces growing questions about carbuyer demand for its all-electric vehicle lineup.

Paccar Inc. beat market expectations for fourth-quarter earnings Jan. 24, aided by strong demand for its trucks from customers looking to replace older, outdated vehicles.

Used Class 8 vehicle sales in December declined 2.4% from a year ago, but increased slightly from the prior month, ACT Research reported.

Legislation that aims to allow young commercial drivers to transport freight from ports was recently introduced in the U.S. House of Representatives.