VIA’s Lutz Expects to Sell 50,000 Plug-In Pickups Annually
VIA Motors Inc., a closely held assembler of plug-in hybrid pickups, expects to sell 50,000 vehicles per year by 2018, Chairman Bob Lutz said.
January 15, 2015Teamsters, US Agree to End Federal Union Oversight
The Teamsters announced an agreement with the U.S. attorney in New York City that would end federal oversight of the union that began in 1989 due to past corruption issues.
January 15, 2015Wabash Boosts Full-Year 2014 Guidance
Trailer maker Wabash National Corp. raised its guidance for trailer shipments and projected record sales for full-year 2014.
January 15, 2015Oil Resumes Decline, One Day After Surge
West Texas Intermediate oil fell for the fourth time in five days as OPEC said it expects weaker demand for its crude, and U.S. output climbed to the highest in records dating to January 1983.
January 15, 2015Boxer: Act on Long-Term Highway Bill Immediately
Less than a week after she announced she would not seek another term in the Senate, California Democrat Barbara Boxer urged GOP leaders to turn their attention to funding the country’s aging transportation system.
January 15, 2015Cass Freight Index Rises in December
The Cass Freight Index, a measure of shipping activity in trucking and other transportation modes, rose in December but expenditures declined, Cass Information Systems said.
January 15, 2015Kane Is Able Appoints Gardner as CEO
Third-party logistics provider Kane Is Able Inc. has appointed Michael Gardner its new president and CEO.
January 15, 2015Manufacturing Expands in New York Area, Slows in Philadelphia
Manufacturing in New York expanded in January, but growth slowed in Philadelphia, according to the regional reserve banks.
January 15, 2015Jobless Claims Climb to Four-Month High
More Americans unexpectedly filed applications for unemployment benefits last week, indicating companies let go of seasonal workers following the holidays.
January 15, 2015Time to Call a Bottom? Oil Futures Surge
Crude oil surged the most in more than 2 1/2 years Jan. 14 after falling to the lowest since 2009.
January 14, 2015