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LAKEWOOD, N.Y. — Cummins Inc. is readying a $452 million investment in its 1 million-square-foot Jamestown Engine Plant to produce a fuel-agnostic internal combustion engine platform.

Forward Air Corp. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported May 1.

FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.

Reading, Pa.-based Penske Truck Leasing plans to acquire Star Truck Rentals, a transportation services company that operates facilities in Indiana and Michigan.

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.

If you opt to return your Amazon purchase at a UPS store, that transaction just might cost you.

NFI Industries will deploy 50 Class 8 battery-electric trucks (BETs) in Southern California, the for-hire truckload carrier said.

FedEx Corp. will combine nearly all of its ground, air and other operations by June 2024 as part of a $4 billion cost-cutting initiative, the company announced April 5.

U.S. trailer orders fell just shy of 26,000 units in February, falling short of the year-ago total, ACT Research reported.