25 Apr Infrastructure Bill Possible With Trump, Congressional Leadership, Chamber Says WASHINGTON — With the next round of infrastructure talks between President Donald Trump and House Speaker Nancy Pelosi expected later this month, an influential group in Washington will keep working the sidelines to get a long-term bill across the finish line. Read more...
25 Apr End of Diesel Engines Is In Sight, Daimler’s Roger Nielsen Says LONG BEACH, Calif. — The beginning of the end is here for the internal-combustion truck engine, said Roger Nielsen, CEO of Daimler Trucks North America, the largest truck manufacturer on the continent. Read more...
24 Apr Landstar System Reports Record Per-Share Result in First Quarter Landstar System on April 24 reported a record first-quarter earnings per share price of $1.58 on net income of $63.3 million, which compares with $1.37 per share on income of $57.5 million during the same period a year ago — beating Wall Street expectations. Read more...
24 Apr Volvo Rides Higher Truck Revenue to First-Quarter Gains AB Volvo reported first-quarter net income and revenue rose as it brought in more money from truck sales in all markets. Read more...
24 Apr Kenworth Chillicothe Plant Initiates $140 Million Expansion CHILLICOTHE, Ohio — Kenworth Truck Co. on April 24 broke ground to officially start construction on a $140 million, 120,000-square-foot paint facility addition to its Class 8 truck assembly plant. Read more...
24 Apr CP Railroad Cites Extreme Weather as Factor in 1Q Earnings Canadian Pacific Railway Ltd. said its first-quarter net income and revenue surged, bolstered by gains in the freight sector. Read more...
24 Apr New York City to Limit Cars, Trucks on 14th Street in Traffic-Cutting Experiment In an 18-month experiment, the city plans to limit car and truck traffic from a six-block stretch of the road, establishing a corridor featuring express buses, wide bike lanes and pedestrian-friendly walkways. The bus service will start in June. Read more...
24 Apr BASF, Trimac Invest in New Bulk Freight-Matching Platform Bulky The world’s largest chemical shipper and one of the largest bulk carriers in North America are investing $1 million in what they say is the first digital freight-matching network for shipping liquid bulk commodities by truck. Read more...
24 Apr Walmart Creates Supply Chain to Stock 500 US Stores With Angus Beef Walmart, The nation’s biggest grocer has partnered with a Texas cattle rancher and other industry-related businesses to provide a steady supply of no-hormone-added Angus beef to 500 of its U.S. stores beginning later this year. Read more...
24 Apr Allison Reports Increased Net Income, Revenue in First Quarter Allison Transmission Holdings Inc. reported higher first-quarter net profit and revenue amid strength in the North American On-Highway market. Read more...