10 Jan Telematics Industry Starts 2020 With Major Investment, Acquisition Technology companies that specialize in trucking-related services made two announcements that may significantly impact the industry. Read more...
10 Jan Big Rigs Wanted for Massachusetts Driver’s Funeral SOMERSET, Mass. — Annette Jones is calling for a fleet of big rigs to drive her beloved late husband into the sunset one last time. Read more...
10 Jan Optronics Acquires USA Harness Commercial vehicle LED lighting supplier Optronics International has completed its acquisition of Texas-based USA Harness Inc., which sells trailer harnesses and electronic control systems. Read more...
10 Jan Two Fiat Chrysler Plants Will Idle for Two Weeks Amid Slow Sales Fiat Chrysler Automobiles NV’s assembly plants in Windsor, Ontario, and Belvidere, Ill., will idle for two weeks this month following a year of declining sales for the minivans and SUVs built in those plants. Read more...
10 Jan Mack to Lay Off 305 at Pennsylvania Assembly Plant Mack Trucks plans to lay off 305 employees at the end of February at its Lower Macungie Township, Pa., assembly plant as the manufacturer adjusts to lower market demand for heavy-duty trucks. Read more...
10 Jan Oil Set for Biggest Weekly Loss Since July as Mideast Risk Eases Oil is headed for its biggest weekly loss since July as the prospect of an immediate confrontation between the U.S. and Iran abated, allaying fears of disruption to Middle East energy supplies. Read more...
10 Jan US Adds 145,000 Jobs; Unemployment Holds at 3.5% WASHINGTON — U.S. employers downshifted their hiring in December, adding 145,000 jobs as consumer spending appeared to aid gains in the retail and hospitality sectors. Read more...
09 Jan Mack Unveils LR Electric Model for New York City Department of Sanitation ALLENTOWN, Pa. — Mack Trucks on Jan. 9 unveiled its new LR Electric sanitation truck, a Class 8 vehicle it hopes will populate New York City’s fleet. Read more...
09 Jan Smaller Share of US Small Businesses Unable to Fill Positions U.S. small businesses found it a little easier to fill jobs in December, consistent with a moderating, yet still-robust, labor market, National Federation of Independent Business data showed Jan. 9. Read more...
09 Jan Port of Monroe to Buy Crane With $1.1 Million Grant Federal grant money has been awarded to fund equipment upgrades and training geared toward attracting more cargo to the Port of Monroe in Michigan. Read more...