German transport and logistics giant Deutsche Post DHL Group (OTCUS: DPSGY) reported on Wednesday lower results in its fiscal 2023 first quarter, with revenue of $23.1 billion, down from $24.94 billion in the same period a year ago, operating profit down 24.1% to $1.77 billion and operating margin down to 7.8% from 9.6%. The marked…
ANAHEIM, Calif. — Not long ago, hydrogen and fuel cell trucks were lightly regarded at the Advanced Clean Transportation Expo. This year, they are capturing once unimaginable attention. A parade of significant hydrogen-related announcements began even before what has become a must-attend event that outgrew its Long Beach, California, venue. Toyota Motor North America (TMNA),…
Expeditors International had a first quarter that one might have expected in air and ocean freight markets that have been dropping hard. The Seattle-headquartered global logistics company did manage to post in the first quarter a revenue decline of 44%, which sounds like a lot but is not as much as the 51% decline in…
Precision Specialized received the 2023 Hauling Job of the Year Award in Trucking from the Specialized Carriers & Rigging Association for its Burlington, Ont., e-house move. SC&RA is an international […]
Hyundai Motor Company has unveiled the commercialized version of its Class 8 Xcient fuel cell tractor, stressing that emission-free transportation is a “fundamental pillar for a sustainable society”. “Our hydrogen […]