Toyota CEO Akio Toyoda to Step Aside, Become Chairman
TOKYO — Toyota set up a new leadership team Jan. 26 in what the Japanese automaker said was a move to stay abreast of social changes like electrification and becoming a wider “
Tesla Profits Beat Estimates
Tesla Inc. reported better-than expected profits in the latest quarter, signaling strength as it faces growing questions about carbuyer demand for its all-electric vehicle lineup.
Paccar Reports Strong Q4 Revenue, Income
Paccar Inc. beat market expectations for fourth-quarter earnings Jan. 24, aided by strong demand for its trucks from customers looking to replace older, outdated vehicles.
Used Class 8 Sales Up Sequentially in December
Used Class 8 vehicle sales in December declined 2.4% from a year ago, but increased slightly from the prior month, ACT Research reported.
Manchin Bill Would Delay Tax Credits for Electric Vehicles
WASHINGTON — Ratcheting up his criticism of the Biden administration, Sen. Joe Manchin (D-W.Va.) on Jan. 25 moved to delay new tax credits for electric vehicles.
Bill Would Let Younger Drivers Move Freight at Ports
Legislation that aims to allow young commercial drivers to transport freight from ports was recently introduced in the U.S. House of Representatives.
PennDOT Contest Challenges Teens to Solve Truck Parking
Pennsylvania high school students are trying to crack the truck parking puzzle in the state department of transportation’s annual Innovations Challenge contest.
Ports Post Strong Volume for 2022 Despite December Drop-Off
Despite a significant slowdown in the second half of 2022, two major West Coast ports approached the record-setting pace they had in 2021.
CARB Proposes Exemptions for Transitions to Electric Trucks
The California Air Resources Board is making plans to modify its proposed Advanced Clean Fleets regulation to address possible electric charging infrastructure delays and unavailab
Marten Transport Reports 16th Consecutive Profitable Quarter
Marten Transport reported higher fourth-quarter earnings, marking its 16th consecutive year-over-year increase.