Navistar to Boost 2H Production at Mexico Truck Plant
Navistar International Corp. plans to boost production rates in the second half of the year at its heavy-duty truck assembly plant in Escobedo, Mexico, and its bus assembly plant in Tulsa, Okla.
April 24, 2014Old Dominion Freight Line Posts Higher 1Q Profit, Revenue
Old Dominion Freight Line reported its first-quarter income increased 13.2% and said it posted record revenue for the period despite bad weather.
April 24, 2014Truck-Based Shipping Leads February Nafta Trade
Companies involved in international trade in the United States, Mexico and Canada put more of their volumes in trucks in February, the Department of Transportation reported April 24.
April 24, 2014UPS Reports Lower 1Q, Citing Bad Weather, Higher Expenses
UPS Inc. reported lower first-quarter income from a year ago, citing severe weather and higher expenses.
April 24, 2014Landstar’s 1Q Income Rises to $27.6 Million
Landstar System reported its first-quarter net income rose to $27.6 million, or 61 cents per share, from $26.7 million, or 57 cents, a year ago.
April 24, 2014Orders for Durable Goods Rise in March
Orders for goods meant to last at least three years increased 2.6% in March, the biggest gain since November, after rising 2.1% the prior month, the Commerce Department reported April 24.
April 24, 2014Jobless Claims Rise by Most in a Month
Jobless claims increased by 24,000 to 329,000 in the week ended April 19, the most in a month, the Labor Department reported.
April 24, 2014VW’s Scania Bid Gets Backing From Shareholder Group
Volkswagen AG’s $9.2 billion bid to buy the rest of heavy-truck maker Scania AB received a boost after Scania’s fourth-largest shareholder backed the deal.
April 24, 2014N.H. Lawmakers Vote to Increase Fuel Taxes
New Hampshire lawmakers voted to raise the state’s 19.625-cent fuel tax by 4 cents starting July 1.
April 23, 2014Stoughton Files Dumping Complaint Over Chinese Containers
U.S. equipment manufacturer Stoughton Trailers said it has filed an unfair trade petition that charges Chinese manufacturers of 53-foot domestic containers with dumping their equipment at unreasonably low prices in the U.S. market.
April 23, 2014