01 Feb Soft Truck Market Takes Bite Out of Meritor First-Quarter Earnings Commercial vehicle supplier Meritor Inc. reported lower fiscal first-quarter income and revenue as North American Class 8 production tailed off, it said Feb. 1. Read more...
01 Feb Pennsylvania Airport Treading Deeper Into E-Commerce Cargo In Pennsylvania, the Lehigh-Northampton Airport Authority took a step to grow its burgeoning e-commerce business by approving plans Jan. 31 to use a second warehouse near the airfield to handle cargo from FedEx and Amazon flights until it can build a $20 million warehouse. Read more...
01 Feb Wabash Reports Decline in Fourth-Quarter Earnings, Higher Full-Year Profits Wabash National Corp., North America's largest trailer maker, saw fourth-quarter profits and revenue slip compared with the 2015 period. Net income, however, rose for the full year on lower revenue, the company reported Jan. 31. Read more...
01 Feb Trump Donates $10,000 to Rural Illinois FedEx Driver A 24-year-old FedEx delivery driver from a rural Illinois town received the donation of a lifetime Jan. 30 - from President Trump, The Washington Post reports. Read more...
01 Feb Manufacturing Accelerates for a Fifth Straight Month Manufacturing growth accelerated in January for a fifth consecutive month on stronger orders and production that signal America's factories are rebounding. Read more...
01 Feb FedEx Pushes for Infrastructure Fix as Trump Weighs Investment The growth of e-commerce is putting enormous new demands on U.S. highways, airports and other infrastructure, which must be modernized with sustainable funding, FedEx Corp. Chairman and CEO Frederick Smith said. Read more...
01 Feb Michelin to Raise Tire Prices Up to 8% Michelin North America announced price increases in North America of up to 8% for heavy-duty truck tires and others it sells, adding it would roll out the exact increases separately. Read more...
01 Feb Companies in US Added Most Workers in Seven Months, ADP Says Companies last month added the most workers to payrolls since June on pickups in services and manufacturing jobs, data from the ADP Research Institute in Roseland, New Jersey, showed Feb. 1. Read more...
31 Jan Capitol Agenda for the Week of Jan. 31: Infrastructure Needs? Wait Your Turn There are many infrastructure projects in America that need immediate attention. Just don't define 'immediate' as the first 200 days of the Trump administration. Here's the week ahead for trucking on Capitol Hill. Read more...
31 Jan OIA Global Acquires American Cargo Express OIA Global has acquired American Cargo Express, a company based in Union, New Jersey, that provides domestic and international freight forwarding, warehousing and trade management services. Read more...