Paying for power grid upgrades trucking companies need to charge electrified medium- and heavy-duty fleets would provide a long-term financial boon to utilities.

Profits at Eaton Corp. rose 19.7% in the first quarter of 2023 on sales growth that beat company expectations.

The impact of buying Meritor along with heavy-duty truck engine sales pushed Cummins Inc.’s earnings to record heights in the first quarter of 2023, the original equipment manufacturer said May 2.

Traton SE profits jumped in the first three months of 2023 on the back of higher sales and an asset disposal, with truck production and sales at its North American Navistar unit climbing.

Diesel prices fell by an average of 5.9 cents a gallon in the past week to flirt with the $4 a gallon mark, settling at $4.018 a gallon, according to  the Energy Information Administration.

Class 8 truck sales in North America were the foundation on which record quarterly revenues at Allison Transmission were built in the first three months of 2023, the OEM said April 27.

United Rentals executives foresee a rosy outlook for the business and sector as a result of increased infrastructure spending in the coming months and years after posting increased year-over-year profits in the first three months of 2023, they said April 27.

Truck stop operators continued to ramp up initiatives to diversify customers’ fueling options over the past month. But which technologies should they focus on?

Lower used-vehicle sale prices and the U.K. market exit hurt profits at Ryder System Inc. in the three months ending March 31, it said, as results fell short of analyst expectations.

Profits at trailer manufacturer Wabash jumped year-over-year in the three months ending March 31 as sales and margins rose while order backlog soared.