Dana Reports Rise in 1Q Net Income, Revenue
Dana Inc. reported April 30 first-quarter net income of $108 million, or 73 cents per share, on revenue of $2.1 billion, a 26% rise from $1.7 billion in the first quarter of 2017.
May 1, 2018Philadelphia Truckers Set to Strike Over Coca-Cola Plan to Ax Pension
Leaders of Teamsters Local 830, whose members load, drive and deliver drinks from breweries and soda plants in the Philadelphia area, said members are ready to strike to preserve their pensions as tough negotiations with Coca-Cola’s new regional affiliate face an impasse over continued funding for the workers’ pension plan.
May 1, 2018US Factory Managers Concerned About Effects of Trump’s Tariffs
Very concerning. Two products eliminated. Commodity prices rising. Business planning “is at a standstill.” That’s what a few American manufacturers said they’re facing as the Trump administration weighs tariffs on imported metals and Chinese products, creating uncertainty for companies that by most other accounts are going gangbusters.
May 1, 2018FedEx Rolls Out First Hydrogen-Fueled Delivery Van in New York
FedEx Corp. has begun delivering packages in upstate New York with its first hydrogen-powered van in North America.
May 1, 2018DTNA Showcases Alternative-Fuel Cascadia Models
LONG BEACH, Calif. — Daimler Trucks North America presented two new Freightliner Cascadia trucks fueled on compressed natural gas as examples of its further expansion into alternative-fuel options.
May 1, 2018California Court Ruling Targets Independent Contractor Classification
In a ruling that could change the workplace status of people across the state, the California Supreme Court made it harder April 30 for employers to classify their workers as independent contractors.
May 1, 2018Kenworth Displays T680 Hybrid-Electric Tractor
LONG BEACH, Calif. — Kenworth Truck Co. unveiled for the first time a prototype T680 tractor equipped with a parallel hybrid-electric propulsion system that is part of California’s Hybrid Electric Cargo Transport demonstration project.
May 1, 2018Daimler Trucks North America Donates $1 Million to North Carolina School
Daimler Trucks North America, Thomas Built Buses’ parent company, donated $1 million to support High Point University’s Congdon Hall and Congdon School of Health Sciences.
May 1, 2018John Smith Appointed Mike Ducker’s Successor as FedEx Freight President, CEO
Transportation industry veteran John Smith will become president and CEO of FedEx Freight on Aug. 16, moving up from his position as senior vice president of operations at the FedEx Corp. subsidiary.
May 1, 2018Danish Freight Forwarder DSV Assesses Trump’s Tariff Threats
One of Europe’s biggest trucking companies is trying to figure out how its business will be affected by a potential tariff war between the United States and the European Union.
May 1, 2018