Equipment

Meritor Inc. reported fiscal second-quarter net income dipped and revenue increased primarily driven by higher truck production in most global markets and pricing actions.

Cummins Inc. reported first-quarter net income fell as it posted all-time record quarterly revenue.

Stellantis NV will acquire the Share Now car-sharing venture formed by BMW AG and Mercedes-Benz AG, the latest shakeup in the industry as automakers struggle to make mobility services profitable.

Truck dealership Rush Enterprises Inc. reported net income more than doubled in the first quarter as revenue rose 27% compared with a year earlier.

Lordstown Motors Corp. agreed to push back the deadline to sell its Ohio factory to Hon Hai Precision Industry Co Ltd., known as Foxconn, dragging out the closure of the vital partnership and offering no guarantee that it will get done.

Large verdicts against motor carriers have been increasing. Fleets that adopt dashcams are in a better position to defend against claims. This paper includes important information about the increasingly litigious landscape carriers operate in and the protection that dashcams provide. 

Record-high diesel fuel prices are creating some painful sticker shock moments at the pump for truck lines and shippers. Yet, those rising costs aren’t necessarily driving a dramatic uptick in adoption of alternative-fueled vehicles in the Class 8 heavy-truck sector.

Allison Transmission Holdings Inc. reported gains in first-quarter net income while revenue rose 15% to post its strongest revenue quarter since 2019.

Greg McQuagge, maintenance supervisor at for-hire carrier U.S. Xpress, shares some insight on what it takes to keep trucks on the road.