Navistar’s Clarke Urges Open Minds, Preparedness as a Potentially Tumultuous Future Approaches
NASHVILLE, Tenn. — The business world could evolve in an orderly, incremental fashion over the next dozen or so years, or it could bound off unexpectedly in a way that startles and flummoxes most people.
March 1, 2017Volvo Offers Over-the-Air Programming
Volvo Trucks North America is using telematics via cellular communications to update the trucks, engines and transmissions of its customers’ vehicles without having to come into a maintenance shop.
March 1, 2017Transportation Activity Steady at Start of Year, Fed Says
Transportation activity was steady to somewhat higher across the nation from the end of last year to mid-February, according to a Federal Reserve report.
March 1, 2017Trump to Congress: Approve $1 Trillion Infrastructure Plan
In his first address before Congress, President Trump announced his intention to ask Congress to back an infrastructure plan that would generate a $1 trillion to rebuild roads and bridges.
March 1, 2017Omnitracs Plans Role in Industry Move Toward Self-Driving Trucks, Drones, Wearable Tech
PHOENIX — The transportation industry is accelerating toward a future shaped by autonomous trucks, platooning, drones, same-day delivery, wearable technology for drivers and the continued proliferation of the Internet of things, Omnitracs told a gathering of fleet customers here.
March 1, 2017Navistar, Volkswagen Seal $256 Million Alliance Deal
NASHVILLE, Tenn. — Navistar International Corp. and Volkswagen’s Truck & Bus division completed their alliance announced in September, with the German automotive company acquiring 16.2 million common shares, or 16.6% of equity, and the Lisle, Illinois, truck maker getting $256 million.
March 1, 2017Economists May Be Underestimating How Fast the Robots Are Coming for Your Job
Economists may be underestimating the impact on labor markets of increasing automation and the rise of artificial intelligence, according to a post published on the Bank of England’s staff blog on March 1.
March 1, 2017US Not Bound by WTO Decisions, Trump Warns in New Trade Agenda
The U.S. isn’t bound by decisions made at the World Trade Organization, President Donald Trump’s administration said in outlining a new trade agenda that promises to root out unfair practices by foreign countries.
March 1, 2017Under Hood of US Construction Spending Is Government Pullback
Here’s one key takeaway from the Commerce Department’s report March 1 on U.S. construction spending in January. Outlays dropped 1% from the previous month (forecast was for 0.6% rise), the biggest drop since April, which will drag on first-quarter gross domestic product.
March 1, 2017Manufacturing in US Expands at Fastest Pace Since August 2014
Manufacturing expanded in February at the fastest pace since August 2014 as factory managers reported stronger orders and production.
March 1, 2017