30 Apr SAF-Holland Launches New Trailer Air Suspensions SAF-Holland Group announced its new CBXA AeroBeam Series of fixed frame suspensions, calling them the lightest weight top mount trailer air suspensions in the industry. Read more...
29 Apr Werner Enterprises Reports Strong Q1 Results Werner Enterprises Inc. saw strong revenue and earnings growth during the first quarter of 2021, the company reported April 28. Read more...
29 Apr Connecticut Republicans Attack Governor’s Truck-Tax Plan HARTFORD, Conn. — Republican state lawmakers, along with trucking and food-distribution executives, on April 28 declared war on Gov. Ned Lamont’s proposed regional climate initiative and user tax for heavy trucks on state highways. Read more...
29 Apr Schneider Reports Q1 Net Income, Revenue Growth Schneider National saw revenue and earnings growth during the first quarter of 2021, the company reported April 29. Read more...
29 Apr Navistar to Staff Up at Ohio Plant Navistar is planning to hire up to 350 additional people at its Springfield, Ohio, assembly plant as it increases production this summer. Read more...
29 Apr Peterbilt Shows Off New Lineup in Classes 5-8 FORT WORTH, Texas — The infield lanes of Texas Motor Speedway provided the setting for Peterbilt Motors Co. to introduce members of the media to its new lineup of Classes 5-8 trucks. Read more...
29 Apr Caterpillar Says Chip Shortage May Hurt Equipment Deliveries Caterpillar Inc. is warning of potential impacts ahead due to a global chip shortage, putting a damper on better-than-expected earnings for the world’s biggest maker of mining and construction equipment. Read more...
29 Apr Ford Posts Profit, Says Chip Shortage May Cut Production 50% DETROIT — Ford Motor Co. posted a surprising $3.26 billion first-quarter net profit on April 28, but the company said a worsening global computer chip shortage could cut its production in half during the current quarter. Read more...
29 Apr Sam Graves Calls for Bipartisanship Amid Infrastructure Talks Reacting to President Joe Biden’s first address to a joint session of Congress, Sam Graves, the top Republican on the U.S. House of Representatives’ transportation committee, called on Democrats to pursue a bipartisan approach to legislating. Read more...
29 Apr Economy Accelerated at Robust 6.4% Rate Last Quarter WASHINGTON — Powered by consumers, the U.S. economy grew at a brisk 6.4% annual rate last quarter — a show of strength fueled by government aid and declining viral cases that could drive further gains as the nation rebounds with unusual speed from the pandemic recession. Read more...