31 Jul Landstar Analyst Invokes ‘Spaceballs’ in Bullish Freight Thesis Landstar System’s stock is traveling at “ludicrous” speed after a series of bullish analyst calls, including one with references from the movie “Spaceballs.” Read more...
31 Jul Consumer Spending Up Solid 0.4% in June WASHINGTON — Consumer spending rose by a solid 0.4% in June, while a key gauge of inflation increased at an annual pace of 2.2% for a second straight month — the strongest back-to-back gains in six years. Read more...
31 Jul Allison Posts Record Revenue in 2Q Allison Transmission Holdings Inc. reported net income surged and record revenue in the second quarter on increased demand across all its end markets. Read more...
30 Jul Diesel Creeps Up 0.6¢ to $3.226 The U.S. average retail price of diesel crept up 0.6 cent to $3.226 a gallon while crude oil prices jumped higher as Middle East tensions continued. Read more...
30 Jul Hyliion Acquires Gentherm’s Battery Division Heavy-duty vehicle supplier Hyliion has acquired the battery division of Gentherm Inc., a move intended to consolidate control of its battery technology supply chain that underpins its 6X4HE hybrid-electric axle. Read more...
30 Jul Michigan Trucking Company Expands Apprenticeship Program HOLLAND, Mich. — Facing a shortage of truck drivers, one west Michigan transportation company has taken matters into its own hands. Read more...
30 Jul Capitol Agenda for the Week of July 30: Bridge to Nowhere While some in the House were contemplating funding for the next major infrastructure upgrade, others in the Senate were discussing putting man on Mars. Here’s a look at the week ahead for trucking on Capitol Hill. Read more...
30 Jul Crossword Puzzle Solution July 30, 2018 Here's the solution to the crossword puzzle found in the July 30, 2018 print edition. Read more...
30 Jul Dana to Acquire Oerlikon’s Drive Systems Unit Dana Inc. announced it signed a definitive agreement to purchase the drive systems segment of the Oerlikon Group, a Swiss manufacturer of high-precision gears, planetary hub drives for wheeled and tracked vehicles and products, control and software that support vehicle electrification across the mobility industry. Read more...
30 Jul Pennsylvania Increases Safety Measures for Autonomous Vehicle Testing Self-driving car companies testing in Pennsylvania may have to have a second safety engineer in the passenger seat if they want to comply with new state guidelines. Read more...