25 Apr Ward Transport Appoints Mike Moss Chief Operating Officer Ward Transport and Logistics Corp. announced Mike Moss will be joining the less-than-truckload company as chief operating officer. Read more...
25 Apr Meritor Launches E-Commerce Platform for Aftermarket Parts Meritor Inc. announced the launch of MeritorPartsXpress.com, an e-commerce platform that makes it easier for U.S. and Canadian customers to shop for Meritor aftermarket parts on computers, smartphones or tablets. Read more...
25 Apr Mitchell 1 Provides International Dealers with All-Makes Repair Software Mitchell 1 announced that its TruckSeries truck repair information has been provided to select International truck dealers as the first step in an anticipated rollout of TruckSeries to all International dealers across North America. Read more...
25 Apr New-Home Sales Unexpectedly Rise to Highest Since July Purchases of new U.S. homes unexpectedly increased in March to an eight-month high, indicating housing demand remained strong at the start of the spring buying season, Commerce Department data showed April 25. Read more...
25 Apr Profits at Ryder Fall 32%, Miss Analyst Estimates by 2¢ Ryder System Inc. reported profits fell 32% in the first quarter compared with 2016 after a drop in demand to rent trucks and an overall weak used truck sales market continued into 2017. Read more...
25 Apr UPS Senior Executive Teresa Finley Retiring UPS Inc. announced that Teresa Finley, chief marketing and business services officer, is retiring after 34 years of UPS service. Read more...
25 Apr Swift Suffers in First Quarter as Profits Plunge 84% Swift Transportation reported profits plunged 84% in the first quarter compared with 2016 as truckload carriers suffered from continued excess capacity and lower contract prices than they had hoped for this year. Read more...
25 Apr Wabash Reports Lower First-Quarter Net Income, Revenue Trailer maker Wabash National Corp. reported lower net income and revenue for the first quarter amid fewer trailer shipments due primarily to timing issues. Read more...
25 Apr China Helps Make Caterpillar Great Again as Outlook Improves Caterpillar Inc., the iconic American machinery maker, is finally emerging from a four-year slump, thanks in part to China. Read more...
25 Apr Home Prices in 20 US Cities Accelerate for a Fifth Month Home prices in 20 U.S. cities accelerated in the year through February for a fifth month, while nationwide property values also picked up, according to S&P CoreLogic Case-Shiller data reported April 25. Read more...