Paccar posted record quarterly income in the three months that ended June 30, beating estimates as profits across some of the company’s divisions reported healthy year-over-year gains.
Category: News
Fiscal 2024 Transportation Funding Bills Await Votes
After committees approved versions of a fiscal 2024 transportation funding bill, Congress is unlikely to clear the legislation before its August recess.
Congress Wades Into Self-Driving Debate With New House Bills
Congress is wading into the debate over whether automakers should be allowed to more self-driving cars while manufacturers seek federal permission to expand testing of the technology.
Walmart Seen Gaining More Than 30% Over the Next Year
Walmart Inc. shares could surge more than 30% in the next 12 months as the shopping behemoth continues to gain market share even as grocery inflation eases, according to Piper Sandler.
UPS, Teamsters Reach Agreement on New Contract
UPS and the Teamsters have reached a tentative five-year collective bargaining agreement that covers more than 340,000 workers, the company and the union announced in separate statements.
Aurora Details Financial Plan, Unveils Lidar Breakthrough
Autonomous technology developer Aurora says it has set itself up financially for up to the next two years with a new round of public and private funding.
Canada Transport Minister Omar Alghabra Steps Down
Transport Minister Omar Alghabra said he has decided not to run in Canada’s next election and will be stepping aside from the Cabinet as a result.
Kentucky Waives HOS Limits to Aid Storm Relief Efforts
Kentucky issued a temporary emergency order waiving federal hours-of-service rules and weigh station requirements through Aug. 18 for truckers assisting with storm relief efforts.
Stellantis, Samsung to Build Another EV Battery Plant in US
Stellantis NV’s third battery manufacturing plant in North America will be built with South Korean battery partner Samsung SDI in the United States, the companies said July 24.
How Important is Flexibility in Driver Lodging?
Plans change all the time for drivers. But if they’re staying in hotels, how can you ensure those changes of plan don’t come with major impacts to your budget?