Paccar Q3 Profit Tumbles on Truck Sales Slump: TT Daily

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October 22, 2025

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Volvo

Paccar Q3 Profit Tumbles on Truck Sales Slump

“Paccar delivered good revenues and net income in the third quarter of 2025. Peterbilt, Kenworth and DAF’s excellent trucks contributed to the good results,” said CEO Preston Feight. Read more…

TODAY’S NEWS

GOVERNMENT

China’s $1B of Daily US Exports Gives Xi Bargaining Power

Tariffs appear somewhat limited in their ability to control what American firms import, as China’s sway over sectors such as rare earths and electronics makes its products hard to dislodge. Read more…

TECHNOLOGY

Europe’s Auto Industry Braces for Chip Interference Soon

Europe’s auto industry is preparing for production disruption within days because of China’s export restrictions on semiconductors made by Nexperia. The U.S. is likely to be affected too. Read more…

SPONSORED CONTENT

Get Ready for the Event of the Year in Driver Recruitment and Retention!

Attention all driver recruiting and retention professionals! The 23rd Annual Recruitment and Retention Conference returns February 25–27, 2026 — and this year, it’s bigger, bolder, and more transformative than ever. Read more…

LOGISTICS

Sticky Supply Chain Limits Coca-Cola’s Cane Sugar Rollout

The soft drink maker is limited by the U.S. supply of cane sugar and its ability to ramp up production in glass bottles, CFO John Murphy said. Read more…

BUSINESS

Walmart Halts Job Offers to Candidates Needing H-1B Visas

Walmart has paused offers to candidates requiring H-1B visas, sources said, the latest example of how the Trump administration’s $100,000 visa fees are disrupting workforces. Read more…

GOVERNMENT

US-Canada Tariff Deal ‘Possible’ by Next Week, Carney Says

Prime Minister Mark Carney said Canada is in “intensive negotiations” with the U.S. and that he expects to see President Donald Trump at the APEC summit in Gyeongju, South Korea, next week. Read more…

THIS WEEK’S CARTOON: "C’mon Out Guys. I’ve Got to Get to MCE!"

GOVERNMENT

US Shutdown Leaves Canada in Dark on Major Chunk of Exports

Canada’s statistics agency says it hasn’t received data on U.S. imports of Canadian goods for September, raising the possibility it will be unable to proceed with a release of trade figures. Read more…

FUEL

Paccar, Daimler, Accelera JV Delays Battery Cell Production

Amplify Cell Technologies is pushing back the start of battery cell production at its facility in Mississippi to 2028 from 2027, Paccar revealed publicly for the first time Oct. 21. Read more…

FUEL

Halliburton Branches Into Data Centers as Frack Demand Slows

Halliburton is diversifying into data center power generation amid slackening worldwide demand for oil field fracking, sealing a deal with VoltaGrido. Read more…

GOVERNMENT

Soy Loses Gains as Trump Says Meeting With Xi May Not Happen

Soybean futures erased earlier gains after President Donald Trump said a planned meeting with his Chinese counterpart, Xi Jinping, may not happen. Read more…

GOVERNMENT

US to Resume Farmer Aid Halted by Shutdown

Farming communities have seen export markets for many crops dissipate and federal safety net programs shrink during the president’s second term. Read more…

BUSINESS

Ranchers Oppose Trump’s Plan to Import More Argentine Beef

Agricultural economists say Argentine beef accounts for such a small slice of beef imports — only about 2% — that even doubling that wouldn’t change prices much. Read more…

BUSINESS

Cargill Profit Spikes 86% With Boost From Trump Tax Bill

Cargill’s profit surged 86% in its Q1 as the largest private company in the U.S. benefited from President Donald Trump’s tax bill and better performance in all its business segments. Read more…

SAFETY

Florida to Add Truck Parking to I-4 Freight Corridor

A truck parking expansion project being fast-tracked for completion by the fall of 2027 will add 100 spaces to an existing parking facility in Polk County at the Polk Parkway and I-4 interchange. Read more…

EQUIPMENT

GM Ends BrightDrop Van Output in Setback for Canada Autos

The automaker is stopping the assembly line that made BrightDrop vans in Ontario. Its future was in doubt after GM announced in April it would halt production for months because of weak demand. Read more…

BUSINESS

Trucker Path Unveils Truck Driver-Focused Insurance Division

Trucker Path Insurance is available through the existing mobile app, and plans provide coverage regardless of operation type, commodities hauled or areas of service. Read more…

EDITOR’S PICK

Top 100 Private Carriers Tap Brakes on Growth

The largest private carriers in North America have navigated volatile markets and shifting freight patterns this year as tariffs and trade deals shake up international supply chains. Read more…

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