The rapid plunge in oil prices could cut into sales of both tractors and liquid tank trailers as well as the trucks that haul fossil fuel extraction equipment, experts said.
Author: Jerry Hirsch
Multiple Hits to Economy Likely to Trigger Recession, Analysis Shows
The U.S. economy amid the COVID-19 crisis is suffering under the weight of multiple factors, including lower consumer spending, falling business investment and global travel bans, according to a report from S&P Global Economics.
TuSimple Expands Autonomous Trucking Program With UPS
Autonomous-driving technology company TuSimple is expanding its freight-hauling pilot program with UPS to 20 trips a week and adding another route.
Ford Plans Electric Version of Transit Cargo Van
Ford Motor Co. plans to produce an electric version of its Transit cargo van.
Ford Plans Electric Version of Transit Cargo Van
Ford Motor Co. plans to produce an electric version of its Transit cargo van.
Ford Plans Electric Version of Transit Cargo Van
Ford Motor Co. plans to produce an electric version of its Transit cargo van.
NFI Motivated to Move Forward on Electric
CHICO, Calif. — For-hire carrier NFI is planning broader adoption of electric Class 8 trucks after six months of testing the Freightliner eCascadia in Southern California, the company said.
Dana Q4 Profits Dip, but Revenue Grows
Vehicle component manufacturer Dana Inc. reported a slight increase in revenue but a dip in profits for the fourth quarter as higher interest expenses and a slide in demand for heavy-duty trucks chipped into its earnings.
Dana Q4 Profits Dip, but Revenue Grows
Vehicle component manufacturer Dana Inc. reported a slight increase in revenue but a dip in profits for the fourth quarter as higher interest expenses and a slide in demand for heavy-duty trucks chipped into its earnings.
XPO Reports Mixed Q4, 2019 Results
XPO Logistics Inc. posted mixed financial results for the fourth quarter and all of 2019.