24 Apr Taking a Look Under the Hood of Electric Trucks The introduction of electric-powered trucks represents a new frontier for the transportation industry, but this new breed of commercial vehicle will not be completely unfamiliar to fleets and maintenance shops. Read more...
24 Apr US Durable Goods Orders Plunge Most Since 2014 on Pandemic U.S. orders for durable goods declined in March by the most since 2014 as the coronavirus and slumping oil prices reverberated through the manufacturing sector and spurred cancelled orders for Boeing Co. airplanes. Read more...
24 Apr One Major Fleet’s Experience Testing Electric Trucks Fleets that have been at the forefront of testing electric trucks are gaining insights into how these new vehicles perform in real-world freight operations. Read more...
24 Apr Diagnostics Could Ease Adoption of Electric Trucks The advance of diagnostic programs has improved maintenance and uptime for diesel trucks, and it appears the same will be true for electric-powered vehicles. Read more...
23 Apr Mullen Group Records 59.5% Decline in Q1 Profit Mullen Group Ltd. posted weaker first-quarter profits on steady revenue, but the Canadian motor carrier warned that business began to erode significantly in April. Read more...
23 Apr Echo Global Suffers $2.9 Million Loss in Q1 Echo Global Logistics swung to a loss in the first quarter as it faced pricing pressures and the early financial effects of the coronavirus pandemic. Read more...
23 Apr Volvo Group Reports Q1 Net Income, Revenue Setbacks Volvo Group reported first-quarter net income and revenue fell amid lower truck orders and deliveries as the coronavirus pandemic intensified. Read more...
23 Apr Rush Enterprises Reports Lower Q1 Net Income, Revenue Truck dealership Rush Enterprises Inc. reported first-quarter declines in net income and revenue, citing unprecedented times. Read more...
23 Apr Instacart Doubled Workforce in a Month Instacart Inc. more than doubled the number of people who pick and deliver groceries to customers over the past few weeks and said it will add an additional 250,000 in the next two months, a response to unprecedented demand for the service. Read more...
23 Apr Landstar Reports $927.6 Million Revenue for Q1 Landstar System Inc. reported lower first-quarter net income of $40.9 million, or diluted earnings per share of $1.04, compared with $63.3 million, or $1.58, in the same period a year ago. Read more...