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Continental AG declined as the company embarks on a deep overhaul of its underperforming auto components business in a slowing vehicle market.

Profits at Traton Group rose in the fourth quarter of 2023 on the back of an improved truck market globally and higher prices, the owner of U.S. Class 8 brand International said.

Profits at Daimler Truck AG jumped 120% year-over-year in the fourth quarter of 2023 on strong demand plus higher prices and margins. 

Fourth-quarter financial results from within the trucking industry showed carriers continue to navigate a sluggish market with little signs of a turnaround, according to analysts.

Forward Air Corp. experienced a 138% earnings drop year-over-year during the fourth quarter of 2023, the company reported Feb. 28.

CMA CGM SA posted its first quarterly loss in four years as the shipping industry struggles with the conflict in the Red Sea and the specter of overcapacity.

Losses at Class 8 vehicle manufacturer Nikola Corp. narrowed 30.8% year-over-year in the fourth quarter of 2023 as research and development costs plummeted.

NEW YORK — Walmart reported another quarter of great results, ending 2023 on a high note as low prices attract shoppers looking for deals in an economically challenging environment for many.

Profits at Bridgestone Corp. dived in the fourth quarter of 2023 on the back of what the Japanese tire manufacturer said Feb. 16 was a remarkable slump in demand.

Universal Logistics Holdings beat fourth-quarter expectations despite experiencing a year-over-year decline in revenue and earnings, the company detailed Feb. 15.