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As Q1 Profit Falls 55%, Tesla to Focus on Cheaper Vehicles

Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading April 23 as the company said it would accelerate production of more affordable vehicles.

Tom Krisher and David Hamilton | Associated Press
April 24, 2024

AI Revolutionizes 3PL: Saves Time, Gains Margin

The shipping and supply chain industry, a linchpin of global commerce, has long wrestled with outdated and error-prone data handling processes. Traditionally, businesses have relied on tedious manual processes, accepting them as a necessary cost of operations.  The boom of AI has opened the door to innovate workflows that are custom-tailored fixes. 

April 29, 2024

Truck Body Repair Collaborations Help Streamline Planning

Repairing the body on a Class 8 truck is a process of handling moving parts while performing a proper assessment and eventually restoring the unit to a safe, roadworthy state as quickly as possible.

Stephen Bennett | Special to Transport Topics
April 23, 2024

Baltimore Port to Open Deeper Channel

Officials plan to open a deeper channel for commercial ships to access the Port of Baltimore starting April 25, marking a significant step toward reopening the major maritime shipping hub.

Lea Skene | Associated Press
April 23, 2024

Tesla to Cut More Than 6,000 Jobs in Texas, California

Tesla Inc. plans to cut more than 6,000 jobs across Texas and California as part of CEO Elon Musk’s demand to slash more than 10% of the global workforce.

Dana Hull | Bloomberg News
April 23, 2024

Tonnage Numbers Hit 13th Month of Declines

Truck tonnage reached 13 consecutive months of year-over-year declines after a slight decrease in March, American Trucking Associations reported April 23.

Connor D. Wolf | Staff Reporter
April 24, 2024

ATRI Study Touts Renewable Diesel’s Benefits

There are operational and environmental gains to be realized for fleets that favor renewable diesel fuel over battery-electric vehicles, according to a new ATRI study.

Eric Miller | Senior Reporter
April 23, 2024

General Motors Reports Strong Q1 Profits

DETROIT — Despite a small dip in U.S. vehicle sales, General Motors’ first-quarter net income rose more than 25% on strong deliveries of pickup trucks and other higher-profit vehicles.

Tom Krisher | Associated Press
April 23, 2024

PepsiCo Beats Q1 Revenue Forecasts

PepsiCo reported better-than-expected revenue in the first quarter on strong international demand for its snacks and beverages.

Dee-Ann Durbin | Associated Press
April 23, 2024