Equipment

Volvo Group profit fell 28.5% in the third quarter of 2024 as a downturn in demand for trucks in both Europe and North America crimped revenue and margin.

Models affected include locally made 3 Series and 5 Series vehicles, as well as several imported X Series SUVs.

NASHVILLE, Tenn. — An Oklahoma woman won Rush Truck Centers’ sweepstakes to give away the last Peterbilt Model 389x produced.

Revoy revealed Ryder System as the first customer for the Bay Area startup’s electric vehicle, which converts a Class 8 diesel semi into a hybrid without any changes to the tractor.

Policy changes would be an impractical solution to making the drayage and intermodal chassis market more efficient, according to a recently published study.

The memorandum of understanding sends a signal to the freight market that utilities are allies, Aravind Kailas told TT. “We can present a united front,” he said.

Deere said it boosted its workforce when demand surged during the COVID-19 pandemic, which roiled supply chains, only for the farm economy to start slowing.

Overall, sales of Classes 4-7 trucks fell 9.4% year on year in September. Four out of the nine months in 2024 have seen a year-over-year decrease.

NASHVILLE, Tenn. — Autonomous trucks could help ease liability risk and alleviate rising insurance costs in the trucking industry by proactively identifying hazards and avoiding crashes.

NASHVILLE, Tenn. — Volvo Trucks North America President Peter Voorhoeve reaffirmed Oct. 13 his commitment to lowering emissions with electric trucks even amid a slowing market.