Daimler AG said Tuesday it took its first quarterly loss in nearly two years on declining sales, Bloomberg reported.
February 17, 2009Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
GM, Chrysler Face Restructuring Deadline
General Motors Corp. and Chrysler LLC are unlikely to complete deals with debt holders and union workers by a government-imposed deadline on Tuesday, the Associated Press reported.
February 17, 2009Letters: Truck vs. Car Speed, ºÚÁϳԹÏÍø Run, Removing Snow, 10% Pay Cut
Regarding different speed limits for cars and large trucks, arguments with this one go on and on.
February 17, 2009National Retail Systems Deploys Clean Trucks to Calif. Ports
National Retail Systems has deployed 115 trucks to comply with the Clean Truck Program requirements set forth by the ports of Los Angeles and Long Beach, the company said Tuesday.
February 17, 2009Hearing to Come on Calif. Emissions Waiver
The Environmental Protection Agency will hold a public hearing March 5 on a 2007 decision to deny California a waiver allowing the state to implement its own greenhouse gas emission standards for automobiles and light trucks.
February 17, 2009New York Factory Index Drops to Record Low
Manufacturing growth in New York state contracted this month at the fastest pace on record, the Federal Reserve Bank of New York said Tuesday.
February 17, 2009Test Drive Helps Kenworth Refine Its New Truck, Trailer Designs
RENTON, Wash. — In the struggle to squeeze a few more miles out of each tank of fuel, truck makers are designing tractors with the aid of computer models and wind tunnels more generally used to tweak race cars or airplanes.
February 16, 2009Supplier Groups Explore Aid to Sustain Vehicle Production
The Motor & Equipment Manufacturers Association and Original Equipment Suppliers Associations are discussing the plight of the automobile industry with President Obama’s administration, the Treasury Department and members of Congress as the federal government advances plans to disburse funds from emergency financial relief legislation approved last year.
February 16, 2009BorgWarner, GE Locomotive Announce Layoffs
BorgWarner Turbo Systems said it is laying off 140 workers at its plant in Arden, N.C., that manufactures turbochargers for diesel trucks and construction equipment.
February 16, 2009JDF Distribution to Use HighJump Software
JDF Distribution Solutions has agreed to use supply chain execution software provided by HighJump Software, the companies said.
February 16, 2009Trending
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