Business Equipment Orders Eased Last Month After Robust May
The U.S. economy is experiencing steady but slower growth in business investment as orders for capital equipment eased last month following a May increase that was bigger than previously reported, Commerce Department data showed July 27.
July 27, 2017Seasonally Strong Trailer Orders in June Up 51% Year-Over-Year, Top 20,000
U.S. trailer orders shot up 51% in June and notched the seventh consecutive month of year-over-year gains.
July 27, 2017Kenworth Assesses Ramifications of ELDs on Business
Kenworth Truck Co. looks at the potential effect of mandatory electronic logging devices on its business from the perspectives of truck production and valuation and fleet maintenance, company executives said.
July 26, 2017Analysis: Reluctant States Raise Gas Taxes to Repair Roads
Motorists don’t like to pay more at the pump, and lawmakers worry that if they raise taxes on gasoline, they’ll be voted out of office.
July 26, 2017Daimler Second-Quarter Revenue Increases, Profits Flat; Truck Unit Sputters
Daimler AG reported higher revenue and flat profits during the second quarter, with a strong performance from its Mercedes-Benz car division but sputtering results from the global truck unit.
July 26, 2017Daimler Paves Way to Potential Spinoffs With Separation Plan
Daimler AG, battered by allegations it colluded with other German carmakers for decades, is studying a legal separation of its businesses, including cars, trucks, vans and financial services, in a move that could pave the way for future spinoffs
July 26, 2017Kenworth Adds Options for Vocational Trucks Amid Rising Market
Kenworth Truck Co. says a new axle, compressed natural gas engine and air intake will be available by the end of July.
July 25, 2017Clean Diesel Trucks More Prominent in Nation’s Fleet, Study Shows
More clean diesel trucks are a part of the nation’s fleet, subsequently yielding lower emissions and greater fuel savings, new research shows.
July 25, 2017Truckers Embrace the Spotlight, Friendly Rivalries at National Championship
Gary Harms and Don Logan, elite truck drivers with stellar performance records, go about their tasks with a strong focus on safety. They respect every aspect of the trucking industry, including the other drivers. But safety is their top objective.
July 25, 2017Caterpillar Boosts Its Outlook as the Global Recovery Gains Traction
Caterpillar Inc. is strengthening its forecast for a first annual sales increase in five years, thanks largely to construction in China.
July 25, 2017