Volvo Announces Plan to Cut 4,100 From Workforce
Volvo Group will reduce its white-collar workforce by 4,100 starting in the second half of the year as it confronts lower demand during the novel coronavirus pandemic.
June 16, 2020PacLease Celebrates 40 Years in Business
PacLease, a full-service truck rental and leasing company, reached the milestones of 40 years in business and 40,000 trucks being used.
June 16, 2020Northwest Equipment Sales Adds First Washington State Location
Northwest Equipment Sales has opened a dealership in Burbank, Wash., that offers brands from Mack Trucks and Volvo Trucks North America.
June 16, 2020Is Tesla Bigger Than Toyota? It’s Complicated
Many investors, including those using financial data terminals such as Bloomberg’s, were seeing something very different — that Tesla still had to gain more than $25 billion in market value to surpass Toyota.
June 15, 2020KLLM Adds Intermodal Containers With Vector 1550 Refrigeration Units
KLLM Transport Services has added 610 domestic intermodal refrigerated containers that use Carrier Transicold’s thin-profile Vector 1550 refrigeration systems.
June 15, 2020Perspective: Federal Excise Tax Relief Can Aid Recovery
The coronavirus pandemic has changed the world. In the United States it altered the way our country operates and wreaked havoc on American businesses, but leaders in Washington responded with actions that helped mitigate the damage. I applaud these efforts and am confident that our economy will bounce back. But the work is not done.
June 15, 2020Medium-Duty Sales Tumble 33% in May
U.S. retail sales of medium-duty trucks fell across the board in May, landing below 15,000, WardsAuto.com reported.
June 12, 2020Caterpillar Sales Drop Highlights Worry of ‘Catatonic’ Recovery
Caterpillar Inc.’s machinery sales dropped by the most in 10 years last month in a sign of a deepening slump in its Americas businesses, where the company has extended plant shutdowns.
June 12, 2020Boeing, Suppliers Plunge on Stop-And-Go 737 Max Comeback
Shares of Boeing Co. and its largest suppliers sank June 11 after the planemaker pared output plans for its beleaguered 737 Max just two weeks after restarting work in its Seattle-area factory.
June 11, 2020BFGoodrich Unveils Tires Designed for LTL, Last-Mile Use
BFGoodrich introduced two tires designed for less-than-truckload and last-mile delivery applications in the package and delivery, food and beverage, and other same-day and next-day segments.
June 11, 2020