Category: News

Allison Transmission Holdings Inc. profits increased 21% year-over-year in the fourth quarter of 2023 behind North American Class 8 vocational truck market strength.

NEW YORK — Americans pulled back their spending more than expected in January after the traditional holiday season splurge, Commerce Department data showed Feb. 15.

DETROIT — General Motors is adding about 350,000 miles of roadways in the U.S. and Canada to the area where drivers can use the company’s “Super Cruise” partially automated driving system.

A specially appointed committee reviewing truck underride guard safety is weighing whether to recommend that federal regulators toughen a 2022 rule on rear underride guards.

Knight-Swift Transportation Holdings Inc. extended its winning streak in auctions of former Yellow Corp. terminals, strengthening its less-than-truckload operations.

The California Department of Transportation announced on Feb. 14 a $127 million agreement with Stadler Rail AG to expand its fleet of zero-emission, hydrogen-powered passenger trains.

Ford Motor Co. sees low-cost Chinese electric vehicles as a “colossal strategic threat” that will arrive on U.S. shores, as automakers already confront shaky consumer demand for EVs.

States have until May 1 to apply for up to $350 million in grants from NHTSA to upgrade and standardize their crash data systems to enable full electronic information sharing with the agency.

GXO Logistics reported an increase in revenue and earnings year-over-year during the fourth quarter, despite the softer freight market, the company detailed Feb. 14.

GXO Logistics reported an increase in revenue and earnings year-over-year during the fourth quarter, despite the softer freight market, the company detailed Feb. 14.