Business

Schneider Chief Financial Officer Lori Lutey to Retire

Schneider National Inc. announced in a filing with the Securities and Exchange Commission that Chief Financial Officer Lori Lutey will be retiring from the company within the next six months.

January 8, 2018
Government

Transport Topics’ Eugene Mulero Talks Infrastructure on C-SPAN

Transport Topics reporter Eugene Mulero talked infrastructure as a guest on C-SPAN’s “Washington Journal” program Jan. 4.

January 4, 2018
Business

Workhorse Spins Off Helicopter Unit, Keeps Delivery Drone

Electric vehicle manufacturer Workhorse Group plans to gain about $5 million as it spins off its SureFly personal helicopter subsidiary into a separate publicly traded company and puts greater focus on its automotive and drone business.

January 3, 2018
Government, Business

Eaton Expects About $100 Million Expense From New Tax Law

Component supplier Eaton Corp. reported it expects a one-time tax expense of between $90 million and $110 million as a result of the new Tax Cuts and Jobs Act.

January 2, 2018
Business

Federal-Mogul Expands Product Portfolio, Rewards Program

Component supplier Federal-Mogul Motorparts expanded its product portfolio for the heavy-duty market and its loyalty programs to reward technicians who work on heavy-duty vehicles.

January 2, 2018
Business, Technology

BlackBerry Radar Teams With BigRoad, Pana-Pacific

BlackBerry continued its push into the freight hauling industry by expanding the availability of its Radar asset-tracking device through partnerships with two large distributors — BigRoad Freight and Pana-Pacific.

December 28, 2017
Business

Wabco Invests $10 Million in Nikola

Commercial vehicle supplier Wabco Holdings Inc. announced it has made a $10 million strategic investment in Nikola Motor Co., which is developing hydrogen-electric Class 8 trucks and other vehicles, vehicle components, energy storage systems and electric vehicle drivetrains.

December 28, 2017
Business

Accuride to Add Five Distribution Centers

Commercial vehicle supplier Accuride Corp. announced it will extend its North American distribution network to target key regional markets to reduce lead times and provide aftermarket customers with new shipment options.

December 28, 2017
Business

Roadrunner Avoids Stock Exchange Delisting

Roadrunner Transportation Systems received an extension through April 4 to remain on the New York Stock Exchange, avoiding a delisting due to the company retracting financial statements for every quarter since the beginning of 2016 and also pulling its annual reports for 2015 and 2016.

December 28, 2017
Business, Equipment

Navistar Finishes Strong, Reports Profitable 4Q, Fiscal Year

Navistar International Corp. reported net income and revenue increases for its fiscal year fourth quarter and full-year periods amid higher demand for its International brand trucks. It was the company’s second-consecutive profitable quarter, and only its third profitable quarter over the last 21 quarterly periods.

December 19, 2017