Daimler Truck expects to sell between 430,000 to 460,000 vehicles globally in 2025. (Daimler Truck) Daimler Truck Holding AG cut its sales and profit guidance for the year, citing increasing economic uncertainty in North America. Adjusted earnings before interest and tax is now expected to range between 5% and negative 5% year over year because ...more
Packages inside a delivery truck in Beijing. (Na Bian/Bloomberg News) House Republicans have proposed using their giant tax and spending bill to end duty-free imports of cheap foreign goods, a move that would eliminate a perk companies around the world have used to grow their U.S. business for the past decade. The provision, tucked into ...more
Tesla CEO Elon Musk walks to the stage to speak at the Butler Farm Show on Oct. 5, 2024, in Butler, Pa. Musk has said he is stepping back from his work as President Donald Trump’s government cost-cutting czar. (Alex Brandon/Associated Press, file) NEW YORK — Federal safety regulators have asked Elon Musk’s car company ...more
Landstar's Q1 2025 included a $4.8 million pretax charge related to the fraud incident. (John Sommers II for Transport Topics) Landstar System reported its first-quarter earnings following a two-week delay caused by a supply chain fraud incident, the company said May 13. The Jacksonville, Fla.-based motor carrier posted net income of $29.8 million, or 85 ...more
CVSA's inspections revealed that 38% of drivers used the conveyance time improperly. (RichLegg/Getty Images) Commercial motor vehicle inspectors have quietly gathered data on truck driver personal conveyance time and are making plans to soon ask regulators to limit the use of conveyance time to two hours. Collecting data during more than 41,000 roadside inspections, leaders ...more
Hess' 2024 holiday toys. (Hess Toy Truck via Facebook) Hess Corp., the U.S. oil producer widely known for its signature green-and-white toy trucks, said the release of a collection of new miniature vehicles was delayed because of trade tariffs. “We are delaying the release of the 2025 Miniature Collection, previously scheduled for June 2, to ...more
Law enforcement agencies in California arrested four people following a months-long investigation into a major cargo theft operation that involved the theft of multiple semi trucks. Victor Alvarez, Brenda Alvarez, Mauricio Heriberto Gachicoa, and Otto Javier Rivas have been arrested on charges of auto theft, cargo theft, and conspiracy, according to a May 12 statement ...more
A truck driver allegedly consumed an “unknown amount of tequila” before causing eight crashes along 28 miles of an Alabama Interstate. The series of crashes happened on May 6th along Interstate 65 in Limestone County, Alabama, starting at about 6:45 p.m. Only four of the eight crash reports have been completed as of May 13th.According ...more
Three people are dead after a cross over crash involving six vehicles on Interstate 75 in Georgia on Tuesday morning. The series of accidents happened on the morning of May 13th on I-75 in Gordon County, Georgia near mile marker 308. According to News Channel 9, a tractor trailer on the northbound side of I-75 collided ...more
The Oklahoma Highway Patrol (OHP) shared a video of a trooper performing a Level I inspection as part of this week’s Roadcheck inspection campaign. The Commercial Vehicle Safety Alliance’s (CVSA) International Roadcheck inspection effort is taking place from May 13 — 15 in the U.S., Canada, and Mexico.To help truck drivers get a better idea ...more
