20 Oct Volvo Sees Q3 Profit, Revenue Fall but Notes Improvement Near End of Quarter Volvo Group posted third-quarter declines in net income and revenue as truck orders rose but deliveries dropped. Read more...
20 Oct Perspective: Leading in an Unprecedented Year Last year, when I accepted my peers’ support to become the 75th chairman of American Trucking Associations, I had no idea what would be in store for me. Read more...
20 Oct USPS Still Not Processing Election Mail Fast Enough, States Say The U.S. Postal Service still isn’t processing election mail on time, even after being ordered by judges to halt disruptive changes like banning worker overtime and late delivery trips, Pennsylvania’s attorney general said. Read more...
20 Oct September Tonnage Down Year-Over-Year, but Rebounds After August Decline Truck tonnage in September declined a seasonally adjusted 2.7% when compared with year-ago levels, marking the sixth consecutive month of year-over-year declines, American Trucking Associations said Oct. 20. Read more...
20 Oct GM to Plan Third EV Plant in Big Plug-In Bet General Motors Co. is investing more than $2 billion in six U.S. plants, including a makeover of a former Saturn plant in Tennessee into its third factory to produce electric models. Read more...
20 Oct Oil Slips With Renewed Virus Restrictions Sapping Rebound Oil slipped as nations reimposed tighter lockdown restrictions in hopes of containing a resurgent pandemic that is depressing demand. Read more...
20 Oct Paccar Q3 Net Income, Revenue Fall Amid Signs of Rebound Paccar Inc. reported sharply lower third-quarter net income and revenue as its aftermarket presence, financial services and rebounding truck production bolstered the results. Read more...
20 Oct RK Logistics Accelerates Silicon Valley Expansion Plans RK Logistics Group is accelerating its expansion into Silicon Valley with new facilities, company leadership detailed Oct. 19. Read more...
20 Oct Stimulus Nears Election Endgame on Pelosi Deadline, Senate Vote After months of on-again, off-again talks on an increasingly needed fiscal-stimulus package, Oct. 20 is shaping up as a do-or-die moment for Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi to get a virus relief deal done in time for Election Day. Read more...
19 Oct Average Diesel Price Declines for Sixth Time in Seven Weeks The national average price of diesel decreased seven-tenths of a cent, according to the Energy Information Administration’s weekly data released Oct. 19. The fall is the sixth drop in the past seven weeks. Read more...