01 May Haldex AB Net Income More Than Doubles in 1Q Haldex AB reported net income doubled in the first quarter as revenue rose 9% amid growing demand for the Scandinavian company’s brake adjusters, disc brakes and actuators. Read more...
01 May California Challenges EPA Over Auto Emissions Rollback California isn’t rolling over as the Trump administration moves to toss Obama-era vehicle emission standards. Read more...
01 May Commerce Secretary Wilbur Ross: NAFTA Talks Could Extend Past May Commerce Secretary Wilbur Ross said talks to revamp NAFTA could drag on for months, even as negotiators step up the pace of discussions to reach an agreement as soon as this month. Read more...
01 May Dana Reports Rise in 1Q Net Income, Revenue Dana Inc. reported April 30 first-quarter net income of $108 million, or 73 cents per share, on revenue of $2.1 billion, a 26% rise from $1.7 billion in the first quarter of 2017. Read more...
01 May Philadelphia Truckers Set to Strike Over Coca-Cola Plan to Ax Pension Leaders of Teamsters Local 830, whose members load, drive and deliver drinks from breweries and soda plants in the Philadelphia area, said members are ready to strike to preserve their pensions as tough negotiations with Coca-Cola’s new regional affiliate face an impasse over continued funding for the workers’ pension plan. Read more...
01 May US Factory Managers Concerned About Effects of Trump’s Tariffs Very concerning. Two products eliminated. Commodity prices rising. Business planning “is at a standstill.” That’s what a few American manufacturers said they’re facing as the Trump administration weighs tariffs on imported metals and Chinese products, creating uncertainty for companies that by most other accounts are going gangbusters. Read more...
01 May FedEx Rolls Out First Hydrogen-Fueled Delivery Van in New York FedEx Corp. has begun delivering packages in upstate New York with its first hydrogen-powered van in North America. Read more...
01 May DTNA Showcases Alternative-Fuel Cascadia Models LONG BEACH, Calif. — Daimler Trucks North America presented two new Freightliner Cascadia trucks fueled on compressed natural gas as examples of its further expansion into alternative-fuel options. Read more...
01 May California Court Ruling Targets Independent Contractor Classification In a ruling that could change the workplace status of people across the state, the California Supreme Court made it harder April 30 for employers to classify their workers as independent contractors. Read more...
01 May Kenworth Displays T680 Hybrid-Electric Tractor LONG BEACH, Calif. — Kenworth Truck Co. unveiled for the first time a prototype T680 tractor equipped with a parallel hybrid-electric propulsion system that is part of California’s Hybrid Emission Cargo Transport demonstration project. Read more...