Caterpillar 4Q Profits Tumble; Trade With China Cited
Caterpillar Inc. posted the biggest quarterly profit miss in a decade as a China slowdown hit demand for its signature yellow construction and mining equipment.
January 28, 2019Paccar CEO Outlines Path Toward Zero-Emission Trucks, Automated Driving
SAN FRANCISCO — Paccar Inc. CEO Ron Armstrong said the trucking industry is moving toward ever-cleaner and more energy-efficient vehicles and will adopt increasingly advanced automated driving technology to assist drivers.
January 28, 2019Trey Mytty of Truck Center Cos. Named Dealer of the Year at ATD
SAN FRANCISCO — Trey Mytty, CEO of Truck Center Cos. in Omaha, Neb., received top honors as the winner of the 2019 Truck Dealer of the Year award here Jan. 26 at the American Truck Dealers Show.
January 28, 2019ATD Announces Coalition to Repeal Federal Excise Tax on Heavy-Duty Trucks
SAN FRANCISCO — American Truck Dealers announced a new industry coalition to push for the repeal of the 12% federal excise tax on heavy-duty trucks.
January 28, 2019Union Pacific Reports Strong 4Q Results, but Hints of Job Cuts
Union Pacific Corp. reported record 2018 fourth-quarter income of $1.55 billion, or $2.13 a share, on Jan. 24.
January 25, 2019Covenant Transport Reports Record Revenue, Profits in 4Q 2018
Covenant Transportation Group reported record revenue and profits in the fourth quarter of 2018 as strong demand and higher rates boosted its truckload and freight brokerage business units.
January 25, 2019Ford CEO Jim Hackett, Tesla’s Elon Musk Urge Workers to Help Boost Profits
Ford Motor Co.’s Jim Hackett and Tesla Inc.’s Elon Musk are rallying the troops with similar appeals to make more money.
January 25, 2019House, Senate Pass Bill to End Shutdown, Fund Government Through Feb. 15
Congress voted to end the 35-day partial government shutdown after President Donald Trump capitulated to House Speaker Nancy Pelosi and agreed to reopen federal agencies without any guarantee of money for his proposed border wall.
January 25, 2019Testing Fuel-Saving Technologies
As fleets know, many variables can affect test results for truck fuel-saving technologies and practices.
January 25, 2019Keeping an Eye on Truck Parts and Safety
The new year has arrived, and so has this first-quarter 2019 issue of Equipment & Maintenance Update. The two cover stories of this E&MU reflect in-depth features on timely issues and news developments that likely are to be of interest to those operating in the realm of trucking equipment and maintenance.
January 25, 2019