14 Feb Dana Agrees to Buy Assets From U.S. Manufacturing Corp. Dana Inc. announced a definitive agreement to purchase axle housing and driveline shaft manufacturing operations from U.S. Manufacturing Corp. Read more...
14 Feb Stay Metrics Upgrades Turnover Model Stay Metrics announced the next generation of its predictive driver turnover model. Read more...
14 Feb Capitol Agenda for the Week of Feb. 13: Keep It Moving Two congressional hearings this month called into question the potential benefits of private capital in advancing infrastructure projects. Here's the week ahead for trucking on Capitol Hill. Read more...
13 Feb Diesel Rises 0.7¢ to $2.565 The U.S. average retail price of diesel rose 0.7 cent to $2.565 a gallon as crude oil prices remained near $53 a barrel and OPEC made production cuts while U.S. output continued to rise, analysts said. Read more...
13 Feb Former Pennsylvania Energy-Industry Employees Turn to Trucking as Jobs Continue to Dwindle John Hank thought he would have a lifelong career in the oil and gas industry and be able to retire with his hobbies - furniture making, ginseng hunting, fishing and cooking Texas barbecue. Read more...
13 Feb Nikola Motor Hires Jonathan Spira as Chief Financial Officer Nikola Motor Co., the startup planning on building electric heavy-duty trucks, has hired Jonathan Spira as chief financial officer as it initiates its next round of funding. Read more...
13 Feb Haldex Reports Fourth-Quarter Net Loss, Profitable Year Brake manufacturer Haldex AB reported a net loss and even revenue in the 2016 fourth quarter, compared with a year earlier, as profits rose and revenue slipped for the full year. Read more...
13 Feb Celadon Posts Net Loss After Adverse Court Ruling Celadon Group Inc. lost money in the final three months of 2016, after the company filed an amended earnings report with an additional $4.6 million to cover a class-action lawsuit. Read more...
13 Feb Daimler Trucks Chief Unexpectedly Steps Down Daimler's trucks chief Wolfgang Bernhard, once seen as a candidate to succeed CEO Dieter Zetsche, has stepped down a year before his contract was due to run out, the German carmaker said Feb. 10. Read more...
13 Feb Averitt Express Adds Locations, Bonus for Regional Drivers Averitt Express Inc. has added new locations in Hagerstown, Maryland, and Saint Albans, West Virginia, to meet increasing demand for truckload services in both areas, the company said. Read more...