Profits Mixed for Trucking Suppliers Wabash, Eaton, Meritor and Arconic
Three commercial vehicle suppliers and a trailer manufacturer posted, in most cases, lower but still positive earnings in their latest reports.
February 6, 2017DriverTech Offers ELD With Video Capture
Onboard technology supplier DriverTech has launched a new mobile communications device that includes electronic logging capabilities and a forward-facing dash camera.
February 3, 2017America's Biggest Asphalt Plant Is Shutting When the Country Might Need It Most
Axeon Specialty Products is shuttering the largest asphalt refinery in the United States when the country might need it most.
February 3, 2017Minnesota Trucking Association Chooses Matheson as Truck Driver of the Year
The Minnesota Trucking Association honored Michael Matheson, a professional truck driver for Manning Transfer, as the 2016 Minnesota Driver of the Year at its banquet in January.
February 3, 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, 2017Arconic Posts Fourth-Quarter Net Loss, Flat Revenue
Aluminum parts supplier Arconic Inc. reported a net loss and flat revenue for the fourth quarter and similar results for the full-year period as the company began to operate as a stand-alone entity.
February 2, 2017FedEx Touts Twin 33s at House Hearing on Infrastructure
WASHINGTON — Allowing the freight industry to rely on twin 33-foot trailers nationwide would enhance productivity, safety and environmental efficiency, FedEx Corp.’s chief executive told a House transportation panel Feb. 1.
February 1, 2017Cargo Thefts Cost Businesses $114 Million in 2016
Cargo thefts fell for the third consecutive year in terms of reported incidents, but the value of the stolen goods rose 13.3% to $114 million, according to 2016 data from CargoNet.
February 1, 2017Wabash Reports Decline in Fourth-Quarter Earnings, Higher Full-Year Profits
Wabash National Corp., North America’s largest trailer maker, saw fourth-quarter profits and revenue slip compared with the 2015 period. Net income, however, rose for the full year on lower revenue, the company reported Jan. 31.
February 1, 2017Michelin to Raise Tire Prices Up to 8%
Michelin North America announced price increases in North America of up to 8% for heavy-duty truck tires and others it sells, adding it would roll out the exact increases separately.
February 1, 2017