Tariffs Could Lead Polaris Snowmobile Maker to Mexico
Scott Wine jokes that he doesn’t want to have to start building snowmobiles in sweltering Mexico. But the Polaris CEO is dead serious about the unintended consequences that higher U.S. tariffs on Chinese goods will have on Polaris Industries Inc. — including forcing him to consider moving jobs to Mexico.
May 8, 2019VW’s ID.3 Seen as Direct Challenge to Tesla’s Supremacy in Electric Market
Volkswagen AG is about to find out whether consumers will back its 30 billion-euro strategy to topple Tesla Inc. as the electric-car leader. The German auto giant is taking 1,000-euro deposits to secure one of the first in a new range of battery-powered models.
May 8, 2019Smooth Cross-Border Operations Hinge on Trade Agreement
SCOTTSDALE, Ariz. — Ratification of the United States-Mexico-Canada Agreement, which is the proposed replacement for the North American Free Trade Agreement, is critical to uninterrupted, timely border crossings, trucking executives said here during American Trucking Associations’ Mid-Year Management Meeting.
May 8, 2019Wind Point Partners Acquires A&R Logistics
Wind Point Partners, a Chicago-based private equity investment firm, has acquired A&R Logistics and will partner with management to expand the company’s business and make additional acquisitions, according to a statement issued May 7.
May 8, 2019Aging Driver Workforce Increases Workers' Compensation Risks for Fleets, Experts Say
An aging workforce of drivers is elevating the risk of workers’ compensation claims for fleets even as trucking companies are seeing stable or even lower premiums for workers’ compensation insurance, industry experts said.
May 8, 2019Infrastructure Week Shines Spotlight on Resilience, Modernization
After recent hurricanes destroyed transportation corridors in the Southeast part of the country, Puerto Rico and the U.S. Virgin Islands, Democrats on Capitol Hill ramped up their calls for rebuilding infrastructure that would be far more resilient.
May 8, 2019Teamsters Call for XPO Logistics to Separate Board Chairman, CEO Roles
Days before XPO Logistics Inc. plans to hold its annual shareholder meeting on May 15, the International Brotherhood of Teamsters is urging that the company’s board chairman be an independent director and that the chairman and CEO positions be split in two.
May 7, 2019Nestle US Unit to Cut 4,000 Jobs by Stopping Direct-to-Store Delivery
Nestle SA’s U.S. unit will lay off about 4,000 workers as it stops delivering frozen pizza and ice cream directly to stores and instead transitions to a warehouse model that’s becoming an industry standard for major food companies looking to trim costs.
May 7, 20192019 Tennessee Truck Driving Championships
Photos from the Tennessee Truck Driving Championships in Antioch, Tenn., April 26-27, 2019. (Tennessee Trucking Association)
May 7, 20192019 South Carolina Truck Driving Championships
Photos from the South Carolina Truck Driving Championships in Columbia, S.C., May 3-4, 2019.
May 7, 2019