Dana Reports 2Q Net Loss of $68 Million on Pension Plan Charge
Dana Inc., a major supplier of drivetrain, sealing and thermal-management technologies, reported a net loss of $68 million for the second quarter ended June 30.
July 31, 2019ArcBest Posts Net Income of $24.4 Million in 2Q; Net Revenue Dips
ArcBest reported second-quarter income of $24.4 million, or 92 cents per share, compared with $1.2 million, or 5 cents a share, in the same period last year, when the company took an after-tax charge for pension costs.
July 31, 2019China, US Plan Next Round of Trade Talks for September
U.S. and Chinese trade negotiators plan to meet again in early September, as the latest round of negotiations ended with few signs of concrete progress.
July 31, 2019Saia Sees 22.4% Jump in 2Q Net Income
Saia Inc. reported net income of $37.1 million for the second quarter ended June 30, up 22.4% from $30.3 million in the same period of 2018.
July 31, 2019French Startup Develops Tech to Convert Diesel Cars to Electric
About 5,000 euros ($5,600) are set to buy your 10-year-old combustion clunker an electric makeover — and offer a cut-price way to avoid driving bans across European cities.
July 31, 2019Meritor’s Net Income Up 34.4% in 3Q
Meritor Inc. reported net income rose 34.4% to $86 million, or $1 per diluted share, for its third quarter ended June 30.
July 31, 2019Federal Reserve Cuts Interest Rates for First Time Since 2008
The Federal Reserve reduced interest rates for the first time since the financial crisis in a move that Chairman Jerome Powell said was designed to “ensure against downside risks” rather than signaling the start of a lengthy cycle of monetary policy easing.
July 31, 2019Las Vegas’ $1 Billion Project Neon Ready for Spotlight
Project Neon, the $1 billion upgrade to Interstate 15 in Las Vegas, is finished. The widening and revamp of ramps along a 3.7-mile segment of I-15 was the largest public works effort in the history of Nevada.
July 31, 2019FMCSA Proposes Making Crash Preventability Program Permanent
The Federal Motor Carrier Safety Administration on July 31 proposed to make permanent a demonstration program that documents on a driver's or motor carrier’s safety profile instances when a crash could not be prevented.
July 31, 2019One Year Out: Nevada’s I-11 Facilitates Through Traffic, Boosts Local Business
One year after its completion, Nevada’s Interstate 11 has become a popular bypass for freight haulers and motorists alike.
July 31, 2019