30 Apr Meritor Reports Fiscal Year Q2 Net Income Up, Revenue Down Meritor Inc. reported fiscal second-quarter net income rose and revenue declined. Read more...
30 Apr Detroit Divided Over What It’ll Take to Make Cars Again The safety measures that Ford Motor Co. has spent weeks preparing to resume North American production fell short of assuaging the United Auto Workers union, which could stand in the way of much of the industry’s plans to reopen. Read more...
30 Apr Dana Q1 Net Income Falls, Revenue Slips Vehicle component manufacturer Dana Inc. saw net income fall 62% and revenue decline in the first quarter amid a pileup of weakness in the heavy-duty truck market, curtailed production and the spread of the novel coronavirus. Read more...
30 Apr Eaton Q1 Net Income, Revenue Fall Eaton Corp. reported declines in first-quarter net income and revenue as the spread of the novel coronavirus pandemic more than doubled previously expected declines in sales. Read more...
30 Apr TuSimple Fills Senior-Level Posts With Executives From UPS, Walmart Autonomous trucking technology developer TuSimple has tapped industry veterans from UPS Inc. and Walmart to fill senior positions. Read more...
30 Apr FMCSA Distributes 1 Million Masks to Truckers The Federal Motor Carrier Safety Administration is distributing 1 million protective masks to commercial truck drivers to enhance safety during the coronavirus pandemic. Read more...
30 Apr Schneider National Reports $43.8 Million Net Income for Q1 Schneider National posted a 19% gain in first-quarter net income, the Green Bay, Wis., company reported April 30. Read more...
30 Apr Meatpackers Welcome Trump Order; Others Question Virus Risks Big meatpacking companies that have struggled to keep plants running during the coronavirus crisis said April 29 that they welcomed President Donald Trump’s executive order requiring them to stay open, but unions, some employees and Democrats questioned whether workers could be kept safe. Read more...
30 Apr Boeing Gets $50 Billion of Orders for Bonds Amid Strong Demand Boeing Co. has already received $50 billion of orders for its bond offering April 30, as the company comes off of one of its worst quarter on record with the pandemic upending the global aviation industry. Read more...
30 Apr Boeing Gets $50 Million of Orders for Bonds Amid Strong Demand Boeing Co. has already received $50 billion of orders for its bond offering April 30, as the company comes off of one of its worst quarter on record with the pandemic upending the global aviation industry. Read more...