Paccar Q1 Earnings Soar as Truck, Parts Margins Jump
Paccar saw its earnings jump 22% year-over-year in the three months that ended March 31 on the back of record revenue and a jump in margins.
Diesel Resumes Decline, Sheds 3.9¢ to $4.077 a Gallon
The national average price of diesel resumed its downward trend after a one-week pause, dropping 3.9 cents to reach $4.077 a gallon, according to the Energy Information Administration.
Volvo Q1 Earnings Jump as Sales Soar
Truck manufacturer Volvo Group posted net income of $1.25 billion, or 62 cents per share, in the three months that ended March 31.
Diesel Bumps Up 1.8¢ to $4.116 a Gallon
Diesel’s national on-highway average price ended its 10-week run of declines by rising 1.8 cents to $4.116 a gallon, according to Energy Information Administration data released April 17.
New Executives Chosen to Steer Pilot Overhaul
Pilot Co. is to replace its top two officers with executives hand-picked by its new majority owner as one of the biggest truck stop operators readies a major overhaul of its facilities.