Daimler Trucks North America, the largest manufacturer of big rigs in the U.S. said it has appointed Roger Nielson to be the company’s new president and chief executive.
Peterbilt Motors Co. has completed a large expansion of its truck factory in Denton, Texas, increasing the size of the plant by more than a third.
The intricate relationship between U.S. automakers and their Mexican suppliers has created a murky future as the industry prepares for tariffs, taxes and new trade laws under the Trump administration.
Modeled after commodities exchanges for gold, wheat and oil, TransVix will allow shippers, carriers, brokers and speculators to hedge against or bet on volatility by trading futures contracts
The USPS is being targeted by a Republican Congress for a refresh. The resulting streamlined agency could be in a better position to compete with UPS and FedEx, especially as e-commerce demand grows.
Orders for trucks in the heaviest Class 8 weight segment posted a big gain in February over the same period a year ago and point to a rebound for the trucking industry.