Transport Topics
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A plan by California environmental regulators to get zero-emissions vehicles on the road as soon as possible is getting pushback from truckers and other concerned industry stakeholders.
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Commercial vehicle dealership Rush Enterprises Inc. reported declines in fourth-quarter net income and revenue amid a falloff in Class 8 sales, but on an annual basis, achieved record revenue of nearly $6 billion plus increased profits.
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Shares of Tesla rose about 1.5% in trading the morning of Feb. 13 after the electric vehicle and solar panel maker said it would sell over $2 billion worth of additional shares.
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Ryder System Inc. reported record fourth-quarter revenue and a loss in earnings due to previously announced expenses.
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