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April Class 8 Truck Orders Increase Year-Over-Year

North American Class 8 truck orders increased year-over-year but fell from the previous month during April, according to ACT Research.

Connor D. Wolf | Staff Reporter
May 9, 2024

GENERATE - Technology Learning Sessions

Join us for conversations that will help you discover the opportunities and challenges that artificial intelligence offers the industry, and learn how you can effectively deploy AI to boost your business operations Reserve your seat for this half-day virtual event with learning sessions dedicated to generating specific insights for fleet technology and operations decisionmakers.

May 8, 2024

Lion Electric Drops on Revenue Miss, Dwindling Cash Balance

Shares of Lion Electric Co. fell as much as 10.5% after the electric vehicle manufacturer missed estimates for revenue and its cash balance dropped.

Monique Mulima | Bloomberg News
May 8, 2024

House to Examine Baltimore Bridge Collapse May 15

WASHINGTON — A House panel this month will review concerns associated with efforts at the Port of Baltimore, where crews will eventually rebuild the Francis Scott Key Bridge.

Eugene Mulero | Senior Reporter
May 8, 2024

Nikola Q1 Loss Narrows; Cost of Truck Production Soars

Losses at Nikola in the first quarter narrowed year-over-year, and executives are more bullish than in previous quarters about the truck maker’s prospects even as production costs soar.

Keiron Greenhalgh | Staff Reporter
May 8, 2024

VW Brand to Beef Up Hybrid Offerings as EV Shift Stumbles

Volkswagen AG’s namesake brand plans to bolster its offering of plug-in hybrid cars in response to a slowdown in demand for fully electric vehicles.

Monica Raymunt | Bloomberg News
May 8, 2024

Tornadoes Destroy Michigan FedEx Facility but Workers Safe

PAVILION TOWNSHIP, Mich. — Two reported tornadoes struck a Michigan city and the surrounding area May 7, destroying homes and commercial buildings, including a FedEx facility.

May 8, 2024

Daimler Unwraps Autonomous, Electric Demonstration Truck

Daimler Truck unveiled plans May 8 to begin operating an autonomous, battery-electric Freightliner eCascadia demonstration truck.

Keiron Greenhalgh | Staff Reporter
May 8, 2024

GXO Posts Net Loss, but Revenue Increases to $2.46B in Q1

GXO Logistics experienced a decline in earnings on an increase in revenue to $2.46 billion during the first quarter of 2024, the company reported May 7.

Connor D. Wolf | Staff Reporter
May 8, 2024