91ÊÓƵ

OMAHA, Neb. — Federal regulators are warning railroads that the long trains they favor can cause all kinds of problems and contribute to derailments.

Daimler Truck unveiled Rizon, its newly branded lineup of Class 4 and Class 5 medium-duty electric trucks, during a press conference April 27.

The American Association of State Highway & Transportation Officials (AASHTO) often serves as liaison between state departments of transportation recommending or implementing these projects and the Federal government. Joung Lee, AASHTO's Deputy Director and Chief Policy Officer, joins Dan Ronan and Eugene Mulero to discuss how investments support highway safety, the potential for state EV infrastructure, and what work remains to be done. 

Hub Group Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

Universal Logistics Holdings experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

ArcBest experienced a year-over-year decline in revenue and earnings due to a softer freight environment and the sale of its fleet maintenance subsidiary during the first quarter.

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.

Chinese truck maker Beiqi Foton Motor Co. is planning a second plant in Mexico to manufacture electric vehicles with an eye on U.S. exports.

WASHINGTON — A key index of underlying inflation that is closely followed by the Federal Reserve remained elevated in March, keeping the Fed on track to raise interest rates in May.