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, 2018Transport 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, 2018Workhorse 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, 2018Eaton 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, 2018Federal-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, 2018BlackBerry 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, 2017Wabco 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, 2017Accuride 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, 2017Roadrunner 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, 2017Navistar 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