US Trade Gap Widened by Less Than Forecast Ahead of Harvey
The U.S. trade deficit widened less than forecast in July as rising energy and aircraft exports helped offset drops in shipments of autos and household goods, Commerce Department data showed Sept. 6.
September 6, 2017Idaho Weigh-in-Motion Sensors Save Industry $3.5 Million
Weigh-in-motion systems dispersed across four ports of entry in Idaho saved the trucking industry $3.5 million from July 2016 to June 2017, according to a report from the state’s Department of Transportation.
September 5, 2017Diesel Soars 15.3 Cents to $2.758 a Gallon; Gas Up 28 Cents
The U.S. average retail price of diesel vaulted 15.3 cents to $2.758 a gallon — its largest jump in 6½ years — as demand spiked while refineries in the Houston area reported difficulty restarting operations after the stubborn flood left by Hurricane Harvey.
September 5, 2017Former Navistar CEO Daniel Ustian, SEC Ready to Discuss Settlement
Former Navistar International Inc. CEO Daniel Ustian and the Securities and Exchange Commission have indicated they are ready to discuss a possible settlement in a civil lawsuit.
September 5, 2017United Road Services Purchased by Carlyle Group
The Carlyle Group has acquired vehicle hauler United Road Services from Charlesbank Capital Partners, the companies announced Sept. 5.
September 5, 2017Goodyear Opens Office in Silicon Valley
The Goodyear Tire & Rubber Co. has opened its first office in California’s Silicon Valley to connect with automakers and technology firms.
September 5, 2017Dana Hires Matthew Fahnestock as Chief Information Officer
Dana Inc. announced Matthew Fahnestock joined the company as chief information officer. He will oversee the development and implementation of Dana’s enterprise-wide information technology strategy.
September 5, 2017Mack Opens Customer Center After $3 Million Remodeling
Mack Trucks announced it has opened its remodeled Mack Customer Center in Allentown, Pa., after a $3 million renovation.
September 5, 2017Trail King Names Joe Kolb as Its New President
Trailer manufacturer Trail King Industries appointed Joe Kolb as its next president, whose responsibility will be day-to-day operations of the company.
September 5, 2017Prestolite Gains Three Standard Positions at DTNA Beginning in 2019
Aftermarket supplier Prestolite Electric’s IdlePro model alternator was selected by Daimler Trucks North America for standard position on new commercial vehicles set to launch in multiple markets between late 2019 and early 2020.
September 5, 2017