01 Feb Mack Trucks Looks to Maintain Momentum in 2019 For Mack Trucks, 2018 was a good year. While the company’s market share declined slightly, Mack had its best year of production since 2015 and orders flew in at a double-digit clip, keeping the manufacturer’s Lower Macungie Township plant busy as it tried to keep up with demand. Read more...
01 Feb Lithium-Rich Chile Seeks to Become Major Player in Battery Sector The country holding the world’s largest reserves of lithium says it is one step closer to becoming a manufacturing hub for rechargeable batteries used in electric vehicles. Read more...
01 Feb Truck Drivers on the Lookout for Spotted Lanternfly A troublesome tiny Asian visitor known as the spotted lanternfly is hopping from fruit trees onto trucks and railcars throughout the southeastern corner of Pennsylvania, threatening to ruin billions of dollars of agricultural commodities in the state and elsewhere. Read more...
01 Feb Eaton Reports Mixed 4Q, Full-Year Earnings Power management company Eaton Corp. reported increased revenue for the fourth quarter and full-year periods, while net income declined in both. Read more...
01 Feb Fiat Chrysler Sales Miss Estimates Fiat Chrysler Automobiles NV reported a smaller U.S. deliveries gain than expected, as frosty temperatures across much of the country dragged on demand even for the hot-selling Jeep SUV brand. Read more...
01 Feb Walmart Revamps Employee Sick-Leave Policy Walmart Inc. is making sweeping changes to its employment policies this month, granting paid sick leave to hourly workers in the United States, and, at the same time, possibly making it easier to fire those who miss too many shifts. Read more...
31 Jan UPS Exceeds Expectations With Strong 4Q Earnings UPS Inc. reported fourth-quarter earnings that beat Wall Street expectations, the package delivery company reported Jan. 31. Read more...
31 Jan Editorial: Trucking Has It Down Cold A polar vortex can slow a lot of folks down. But you can count on the trucking industry. Read more...
31 Jan C.R. England, Cargo Transporters Raise Driver Pay C.R. England Inc. is boosting pay for solo and team drivers and driver trainers for the second time in eight months, and Cargo Transporters Inc. is giving a pay increase to its over-the-road and regional truck drivers. Read more...
31 Jan Amazon Sales, Profit Top Estimates as Retail, Advertising Soar Amazon.com Inc.’s sales and earnings in the busy holiday quarter beat analysts’ estimates, showing the world’s biggest web retailer can maintain rapid growth while improving profitability and fending off online competition from rivals such as Walmart Inc. Read more...