Paccar Revenue Dips in 1Q, but Profits Return
First-quarter sales for Paccar Inc. dipped 1.9% year-over-year, but the company returned to profitability as it did not have a large, one-time charge as it did in early 2016.
April 25, 2017Volvo Group First-Quarter Earnings, Sales Rise
Volvo AB posted first-quarter gains in earnings and profitability, most of which was generated by its construction equipment division, as the larger truck division was fairly static compared with the same time in 2016.
April 25, 2017New York Judge Approves Settlement Requiring State to Refund $44.4 Million to OOIDA
A New York state judge has approved a settlement reached last year requiring the state of New York to refund $44.4 million to the Owner-Operator Independent Drivers Association on behalf of drivers wrongly charged out-of-state highway use taxes and decal fees.
April 25, 2017Meal and Rest Break Pre-emption Provision Likely in Fiscal 2017 Funding Bill, Sources Say
Legislation that would avert a federal government shutdown is likely to include a meal and rest break pre-emption provision that is largely supported by the trucking industry, senior Republican aides told Transport Topics this week.
April 25, 2017Wabash Reports Lower First-Quarter Net Income, Revenue
Trailer maker Wabash National Corp. reported lower net income and revenue for the first quarter amid fewer trailer shipments due primarily to timing issues.
April 25, 2017UPS Senior Executive Teresa Finley Retiring
UPS Inc. announced that Teresa Finley, chief marketing and business services officer, is retiring after 34 years of UPS service.
April 25, 2017Ward Transport Appoints Mike Moss Chief Operating Officer
Ward Transport and Logistics Corp. announced Mike Moss will be joining the less-than-truckload company as chief operating officer.
April 25, 2017China Helps Make Caterpillar Great Again as Outlook Improves
Caterpillar Inc., the iconic American machinery maker, is finally emerging from a four-year slump, thanks in part to China.
April 25, 2017Meritor Launches E-Commerce Platform for Aftermarket Parts
Meritor Inc. announced the launch of MeritorPartsXpress.com, an e-commerce platform that makes it easier for U.S. and Canadian customers to shop for Meritor aftermarket parts on computers, smartphones or tablets.
April 25, 2017Mitchell 1 Provides International Dealers With All-Makes Repair Software
Mitchell 1 announced that its TruckSeries truck repair information has been provided to select International truck dealers as the first step in an anticipated rollout of TruckSeries to all International dealers across North America.
April 25, 2017