28 Oct Prologis to Buy Liberty Property in $9.7 Billion Stock Deal Prologis Inc., one of the world’s largest warehouse owners, has agreed to buy Liberty Property Trust in an all-stock transaction valued at $9.7 billion, extending its reach in markets such as Chicago, Houston and Southern California. Read more...
28 Oct Survey: Business Hiring Falls to Seven-Year Low WASHINGTON — A measure of hiring by U.S. companies has fallen to a seven-year low and fewer employers are raising pay, a business survey has found. Read more...
28 Oct Daimler Trucks Introduces Dynamic Lease Program ATLANTA — Daimler Trucks North America introduced a dynamic lease program that uses connected-vehicle technology to enable a “pay-as-you-drive” financing option. Read more...
28 Oct FedEx E-Commerce Revamp Jolts Delivery Army by Piling on Costs FedEx Corp.’s drive to reap the rewards of e-commerce is stirring anxiety among some of the company’s most important partners: the thousands of small businesses that handle its ground deliveries. Read more...
28 Oct ZF Announces OEM Launches for Automated Steering, New Transmission ATLANTA — Component supplier ZF Group announced that its active steering technology and new automatic transmission soon will become available in North America. Read more...
27 Oct Kenworth, Toyota Partner on Hydrogen Fuel Cell Class 8 Trucks ATLANTA — Kenworth Truck Co. announced it is collaborating with Toyota Motor North America to develop 10 heavy-duty zero-emission Kenworth T680s powered by Toyota hydrogen fuel cell electric powertrains. Read more...
27 Oct Great Dane Introduces ‘FleetPulse’ Smart Trailer System ATLANTA — Great Dane has introduced FleetPulse, its new smart trailer telematics system that is the result of a three-year project. It is available now and intended to begin to prepare a foundation for trailers in the emerging world of electrification, autonomy and smart distribution centers. Read more...
27 Oct FlowBelow Announces Deals with Daimler, Navistar ATLANTA — FlowBelow Aero Inc., a manufacturer of aerodynamic products for tractors and trailers, said it has secured deals with truck makers Daimler Trucks North America and Navistar Inc. Read more...
27 Oct Old Dominion Misses Wall Street Expectations With Q3 Earnings Old Dominion Freight Line cited slowing economic growth for third-quarter financial results that declined on a year-over-year basis and missed Wall Street expectations. Read more...
27 Oct Dana Announces Partnerships for Electric Vehicles ATLANTA — Dana Inc. announced three partnerships intended to advance its electrified powertrain business, including one with an unidentified major North American commercial-vehicle manufacturer to supply complete e-powertrain systems for a medium-duty vehicle program beginning next year. Read more...