Uber will make Chicago the headquarters of its Uber Freight business and plans to hire thousands of employees.
Post-Labor Day, automakers are offering deep discounts on full-size trucks from coast to coast. Low APRs and budget-friendly monthly lease payments are on tap.
Orders for heavy-duty trucks bounced off their lows last month but are still down dramatically for the year in what some are reading as an indicator of a slowing U.S. economy.
Navistar posted net income of $156 million for the third quarter compared with earnings of $170 million in the same quarter a year earlier.
Fuel cell truck developer Nikola Motor will partner with truck and powertrain giant CNH Industrial for ongoing development. CNH will lead Nikola’s $1 billion investment drive.
The money-losing Postal Service is again delaying award of a $6.3 billion contract to build its long-anticipated fleet of new mail trucks.
Economic and population growth will push annual freight revenue past $1.6 trillion a decade from now, according to new projections from the American Trucking Associations.
Navistar says the truck industry must adopt same - delivery, real-time inventory data and predictive stocking - technologies pioneered by e-commerce.
GM and Ford are offering the lowest interest rates on financing for new SUVs. Lexus, Land Rover and Infiniti also have sales on their premium SUVs.
The best discounts on full-size trucks this Labor Day weekend are on the GMC Sierra 1500 and Ram 1500, but Nissan and Toyota are also offering big deals.