Dana Reports Higher Sales in Preliminary 2018 Results
Commercial vehicle supplier Dana Inc. announced preliminary 2018 financial results that included higher revenue, and higher earnings before interest, taxes, depreciation and amortization.
January 15, 2019Capitol Agenda for the Week of Jan. 14: The Transportation Industry's Big 12
Organizers for this year's gathering of the Transportation Research Board in Washington have come up with a list of a dozen topic areas that policymakers need to address to ensure a sustainable transportation network.
January 15, 2019Transportation Secretary Elaine Chao Announces Proposal Covering Drone Operations
WASHINGTON — The U.S. Department of Transportation is ready to issue a new proposed rule that will allow more freedom for people operating drones, according to Transportation Secretary Elaine Chao.
January 14, 2019Greenbrier Reports Lower 1Q Net Income, Higher Revenue as Orders Soar Nearly 70%
The Greenbrier Cos. reported lower net income and higher revenue for its fiscal 2019 first quarter amid strong orders for double-stack intermodal units, tank cars and heavy-duty flat cars.
January 14, 2019Motorcar Parts of America Acquires Dixie Electric
Motorcar Parts of America Inc., a remanufacturer, manufacturer and distributor of automotive aftermarket parts, has acquired heavy-duty rotating electrical products company Dixie Electric, according to a Jan. 10 press release.
January 14, 2019Sen. Roger Wicker to Lead Commerce Committee in 116th Congress
The Senate Republican caucus chose Mississippi Sen. Roger Wicker to lead the Commerce Committee in the 116th Congress. Wicker succeeds Sen. John Thune (R-S.D.), who was promoted to the role of assistant Republican leader.
January 11, 2019Electric, Automated Trucks Offer Glimpse of Industry’s Future at CES
LAS VEGAS — Amid a sea of gadgets, drones, robots and virtual reality demos, commercial trucking carved out a significant niche for itself here at the Consumer Electronics Show, the world’s largest technology event.
January 11, 2019Editorial: Trucks and Tech at CES
If anyone needed more proof that trucking is a tech-savvy industry, look no further than the bright lights of Las Vegas, where the annual CES technology show featured a string of announcements from major industry players.
January 10, 2019Kenworth, Toyota Partner to Develop 10 Hydrogen-Electric Trucks
LAS VEGAS — Kenworth Truck Co. and Toyota are collaborating to develop 10 hydrogen-electric tractors for drayage operations in the Los Angeles basin, the companies announced.
January 10, 2019CIT Northbridge Arranges $53.8 Million in Credit for Circle 8 Crane Services
CIT Group Inc., the financial holding company of CIT Bank, has announced that its financing unit served as the sole lead arranger on a $53.8 million senior secured credit facility for Circle 8 Crane Services, a full-service crane rental company serving the Southwest.
January 9, 2019