Company Happenings
Transport Topics
- Traton Q2 Profits Rise 4.4% Despite Navistar’s Mirror Woesby Keiron Greenhalgh on July 26, 2024 at 8:43 pm
Traton’s profits rose in Q2 2024 as higher prices and South American demand trumped a slump in truck sales for Navistar’s International Trucks brand due to a shortage of mirrors.
- Road to NTDC Spotlight: Nate Lewisby Eugene Mulero on July 26, 2024 at 8:14 pm
For Nate Lewis, the National Truck Driving Championships is an occasion to celebrate his family's trucking legacy. The next chapter will be written in Indianapolis.
- TFI to Put LTL, Truckload Units on Diets as Q2 Profit Fallsby Keiron Greenhalgh on July 26, 2024 at 6:57 pm
TFI International is cutting costs across both its Less-Than-Truckload and Truckload businesses amid what CEO Alain Bédard described as a stubbornly lackluster freight environment.
- Oil Drilling Recovery Unlikely This Year, Baker Hughes Saysby David Wethe on July 26, 2024 at 5:05 pm
Baker Hughes Co. lowered its expectations for U.S. shale activity, saying an anticipated recovery in oil drilling is no longer likely this year.
- Ryder Posts Q2 Profit Surge, Revenue Up 10% on Leasing Gainsby Keiron Greenhalgh on July 26, 2024 at 3:31 pm
Profits and revenues at Ryder System Inc. increased in the second quarter of 2024 on the back of higher returns from its leasing and maintenance program, the integration of the Cardinal Logistics acquisition and the absence of an accounting charge taken in the year-ago period.