Dana Sales Up, but Tax Charge Hurts Profits
Industrial parts supplier Dana Inc. reported Feb. 13 its fourth-quarter and full-year 2017 results, stating a net loss of $104 million in the fourth quarter compared with income of $485 million in the same period in 2016.
February 13, 2018ATA Chairman Dave Manning Discusses Autonomous, Electric Trucks
NASHVILLE, Tenn. — Two fleet executives doubt fully autonomous or electric trucks will revolutionize the longhaul truckload industry in the near future, foreseeing instead a gradual evolution for these technologies.
February 13, 2018Record Number of Small-Business Owners Say It’s a Good Time to Expand
Optimism among small companies in the U.S. rose more than forecast in January, fueled by a record number of owners who said now was a good time to expand, according to a National Federation of Independent Business survey released Feb. 12.
February 13, 2018Seko Logistics Elevates Wascher to Chairman
Chicago-based freight forwarder Seko Logistics has shuffled its top management team in a move designed to help the company focus on expansion opportunities in the year ahead.
February 13, 2018Port Canaveral Road Work Grant Will Increase Capacity, Facilitate Traffic
Florida Gov. Rick Scott’s recently awarded $8.245 million grant to the Canaveral Port Authority will expand the port’s cargo and cruise businesses through several roadway improvement projects.
February 13, 2018Opinion: Truck Rental Industry Remains Vigilant Against Terrorism
No law on the books can prevent the lone-wolf intentions of a madman set on harming people with a vehicle. But we can take steps to prepare.
February 12, 2018Tax Reform Affects Profits as Cummins Reports Record Revenue in 2017
Cummins Inc., the only independent engine maker in North America, reported a fourth-quarter loss tied to tax-related charges, though revenue rose. Also, full-year profit fell amid record sales.
February 12, 2018Amazon Threat Has Maersk Racing to Stop Clients From Becoming Rivals
The world’s biggest container shipping line is trying to stop customers like Amazon.com Inc. and Alibaba Group Holding Ltd. from becoming competitors in just a few years’ time.
February 12, 2018Anti-Theft Group to Fight $1.6 Billion in Cargo Losses in Germany
The $1.6 billion annual loss from trucks due to cargo theft in Germany has spurred 13 German business associations to begin a joint initiative to fight the problem and call on law enforcement to support their efforts.
February 12, 2018Understanding Blockchain
Blockchain is one of those concepts people often say they need to get their heads around. So what, exactly, is it?
February 12, 2018