Volvo Said to Be Working With Investment Bank to Sell Defense Division
Truck maker Volvo AB is working with investment bank Rothschild & Co. to sell its defense unit, according to people familiar with the matter.
February 3, 2017Mississippi DOT Presses for More Highway Spending
The Mississippi Department of Transportation believes that an annual infusion of $400 million in additional funding is needed to ensure the continued viability of the state’s highways, roads and bridges.
February 3, 2017Trucking Industry Loses 1,400 Jobs in January, Labor Department Reports
For-hire trucking lost 1,400 jobs in January, while overall payrolls increased by 227,000, the Labor Department reported Feb. 3.
February 3, 2017How Washington DOT Uses Bombs, a Howitzer and an M60 Tank to Keep the Roads Open
SNOQUALMIE PASS, Wash. — John Stimberis’ office looks nothing like that of a typical state employee.
February 3, 2017Container Rail Service to Port of Wilmington Could Start in March
The "Queen City Express," delivering freight directly from the Port of Wilmington to a transportation hub in Charlotte, could begin in early March, officials said.
February 3, 2017Saia, Old Dominion Miss Analyst Forecasts for Fourth Quarter
The less-than-truckload sector began the earnings season on a sour note after Old Dominion Freight Line Inc. and Saia Inc. posted year-over-year declines in profits and failed to meet the forecasts from industry analysts.
February 3, 2017Freightliner Begins Production of New Cascadia Model
Freightliner Trucks has begun production on its new Cascadia model, which boasts up to an 8% fuel economy increase compared with a similarly spec’d 2016 Cascadia Evolution.
February 3, 2017Cartoon Caption Classic: Week One Results
In Week One of the Cartoon Caption Classic, all three top seeds and 12 of the original field of 17 advanced to a second round of competition. Voting for Week Two begins Feb. 6. In each of three heats, voters were asked to vote for up to four contestants, with the top four advancing. Here's a look back at the Week One cartoon, captions and voting results.
February 2, 2017Infrastructure Bank Proponent Rep. John Delaney to Co-Lead Democrats’ Task Force
Rep. John Delaney, an ardent advocate in the House for establishing an infrastructure bank, is joining fellow Democrats on a new task force that will examine proposals for funding infrastructure projects.
February 2, 2017Bridgestone, Yokohama to Raise Truck Tire Prices
Bridgestone and Yokohama announced Feb. 2 they would be increasing the price of tires as the price of raw materials rise, following a similar announcement from Michelin.
February 2, 2017