May 17, 2026
Guy Chollet, engineering manager, Jim Dondlinger, president, and Pete Taskovic, process manager, collaborate to ensure project success. Automotive Resources International (ARI) has recently acquired the assets of Auto Truck Inc. As a part of Holman Enterprises, which includes over 25 operating companies, ARI has formed Auto Truck Group LLC by merging Fleet Body Equipment and […]
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March 11, 2026
Heavy equipment distributor Custom Truck One Source CTOS fell short of Wall Street expectations in Q4 CY2025, with a modest sales increase of 1.4% to $528.2 million. Additionally, the company’s annual revenue guidance of $2.06 billion at the midpoint was 1.9% below forecasts. However, its non-GAAP profit of $0.13 per share surpassed analysts’ predictions significantly. […]
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August 29, 2025
Rachel Premack and C.H. Robinson’s $1 Billion Tech Investment Rachel Premack: Recently, your company announced a significant $1 billion investment into freight technology. How is that progressing? Bob Biesterfeld: It’s going exceptionally well. It’s worth noting that our investment in technology has been ongoing for some time. We’ve focused on people, profits, and tech as […]
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June 1, 2025
As the heavy-duty truck and vocational sectors adapt to new regulations, pricing fluctuations, and changing fleet needs, Peterbilt executives emphasize that adaptability is key. During a recent press event, the leadership covered various topics, such as new fuel options and the impact of technology on productivity, while also openly discussing the challenges posed by rapidly […]
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April 16, 2025
Yellow employs around 22,000 workers represented by the Teamsters. (Jim Allen/FreightWaves) Teamsters’ Concerns Over Yellow’s Financial Stability Last month, the Teamsters claimed that Yellow (NASDAQ: YELL), one of the largest trucking firms in the U.S., warned the union that it would run out of funds by August. To avert collapse, Yellow’s leadership indicated that Teamsters, […]
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April 7, 2025
Recent Accomplishments in Trucking Industry According to the administration, several achievements have been made, including: Streamlining Commercial Driver’s Licensing The Department of Transportation (DOT) has provided states with $57 million in federal funding and technical support, resulting in a more than twofold increase in the issuance of new commercial driver’s licenses (CDLs) in January and […]
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