29 Jul Ryder Reports Year-Over-Year Turnaround for Q2 Ryder System Inc. saw growth across its business during the second quarter of 2021, the company reported July 28. Read more...
29 Jul Memphis I-40 Bridge Set to Reopen The Interstate 40 Hernando de Soto bridge, a major trucking corridor that runs over the Mississippi River and connects Memphis, Tenn., with Arkansas, will start reopening the week of Aug. 2 after being closed since May 11. Read more...
29 Jul Schneider Reports Large Rise in Q2 Earnings Schneider National on July 29 reported net income increased 129% year-over-year during the second quarter. Read more...
29 Jul Used Class 8 Average Price Soars Past $60,000 The average price for a used Class 8 soared to a new high for the third consecutive month as June sales climbed year-over-year amid the lowest inventory levels yet in this cycle, ACT Research reported. Read more...
29 Jul TuSimple, Ryder Partner on Terminals for Autonomous Trucks Self-driving truck developer TuSimple and Ryder System Inc. announced a partnership intended to leverage select Ryder fleet maintenance facilities to serve as terminals on TuSimple’s Autonomous Freight Network. Read more...
29 Jul Old Dominion Freight Line Reports Record Revenue for Q2 Old Dominion Freight Line saw net income increase year-over-year by 82.4% during the second quarter of 2021, the company reported July 28. Read more...
29 Jul Wabash Reports Higher Q2 Results Wabash National Corp. announced plans to dedicate more space to building dry van trailers as it reported gains in second-quarter income and revenue as trailer shipments rose to meet strong customer demand. Read more...
29 Jul XPO Posts Q2 Profit on Record Revenue Lifted by the highest revenue of any quarter in its history, XPO Logistics Inc. swung its second-quarter bottom line to a profit from a loss in the year-ago period. Read more...
29 Jul Ford Posts Surprise Profit on Surging Prices of Scarce Cars Ford Motor Co. overcame a critical parts shortage and managed to post a surprise profit in the second quarter, thanks to surging prices on models that have become harder to find on dealer lots. Read more...
29 Jul Werner Gets ‘En Banc’ Review of $89.7 Million Verdict After a nearly three-year delay, a Texas appellate court has voted for all of its nine justices to take over an appeal of an $89.7 million lower court jury verdict against Werner Enterprises in a 2014 fatal accident that the motor carrier has steadfastly maintained was not its driver’s fault. Read more...