Navistar Extends Stoppage at Springfield, Ohio, Truck Plant
Navistar International Corp. extended the stoppage at its medium-duty truck assembly plant in Springfield, Ohio, through early May due to component supplier constraints.
April 20, 2020Dana Reduces Operating Costs Due to Lower Demand
Dana Inc. announced it significantly reduced operating costs, secured $500 million of incremental liquidity and temporarily suspended its quarterly dividend due to lower customer demand.
April 20, 2020Trump, Congress Near Deal on Small Business, Hospital Aid
The Trump administration and Congress expect an agreement April 20 on an aid package of up to $450 billion to boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing.
April 20, 2020Georgia Company Builds Hospital Rooms From Shipping Containers
A company is adding more hospital beds for Georgia coronavirus patients one shipping container at a time.
April 17, 2020UPS Shipping First Ventilators From GM Facility to Hospitals
UPS is shipping ventilators made in a General Motors facility to hospitals in the Chicago area.
April 17, 2020Amazon Nudges Customers Away From Nonessential Items
The pandemic has many of us acting in unusual ways, and the world’s largest e-commerce company is no exception: Amazon.com has begun discouraging users from buying things they don’t need.
April 17, 2020Convoy Underwrites Cost to Ship to Local Food Banks
Digital freight broker Convoy announced it will pay the trucking costs for any food-producing business in the U.S. wanting to donate a truckload of product to a local food bank.
April 17, 2020Uber Withdraws Forecast, Will Write Down About $2 Billion
Uber Technologies Inc. withdrew its financial guidance for 2020 and said it will write down about $2 billion in investments after the coronavirus pandemic upended the ride-hailing business.
April 17, 2020TravelCenters of America Announces 3,000 Furloughs
TravelCenters of America Inc. announced it will furlough 2,900 field employees and 122 corporate employees in an effort to maintain its long-term success.
April 17, 2020TireHub Relocates Two Texas Facilities
TireHub relocated two Texas logistics centers to provide expanded services and greater inventory, the company announced April 15.
April 17, 2020