Independent engine maker Cummins Inc. posted higher fourth-quarter net income and slightly lower revenue.
February 9, 2017Business, Logistics, Government, Safety, Equipment
Private Equity Group Buys Stake In Evans Network of Cos.
Calera Capital has acquired a majority stake in the Evans Network of Cos., but CEO Bo Bates, the Evans family and management will retain a significant equity interest in the business, according to a Feb. 9 announcement.
February 9, 2017Business, Equipment
Cummins Fourth-Quarter Income Rises as Revenue Dips
Business, Equipment
Delphi Realizes Fourth-Quarter Gains
Delphi Automotive reported strong gains in net income plus increased revenue in the fourth quarter, while full-year results were slightly mixed.
February 8, 2017Business, Equipment
Profits Mixed for Trucking Suppliers Wabash, Eaton, Meritor and Arconic
Three commercial vehicle suppliers and a trailer manufacturer posted, in most cases, lower but still positive earnings in their latest reports.
February 6, 2017Government, Business, Technology, Equipment
DriverTech Offers ELD With Video Capture
Onboard technology supplier DriverTech has launched a new mobile communications device that includes electronic logging capabilities and a forward-facing dash camera.
February 3, 2017Business, Equipment, Safety
America's Biggest Asphalt Plant Is Shutting When the Country Might Need It Most
Axeon Specialty Products is shuttering the largest asphalt refinery in the United States when the country might need it most.
February 3, 2017Business, Safety, Autonomous, Government, Technology, Equipment
Minnesota Trucking Association Chooses Matheson as Truck Driver of the Year
The Minnesota Trucking Association honored Michael Matheson, a professional truck driver for Manning Transfer, as the 2016 Minnesota Driver of the Year at its banquet in January.
February 3, 2017Business, Equipment
Bridgestone, Yokohama to Raise Truck Tire Prices
Bridgestone and Yokohama announced Feb. 2 they would be increasing the price of tires as the price of raw materials rise, following a similar announcement from Michelin.
February 2, 2017Business, Equipment
Arconic Posts Fourth-Quarter Net Loss, Flat Revenue
Aluminum parts supplier Arconic Inc. reported a net loss and flat revenue for the fourth quarter and similar results for the full-year period as the company began to operate as a stand-alone entity.
February 2, 2017Government, Business, Equipment, Safety
FedEx Touts Twin 33s at House Hearing on Infrastructure
WASHINGTON — Allowing the freight industry to rely on twin 33-foot trailers nationwide would enhance productivity, safety and environmental efficiency, FedEx Corp.’s chief executive told a House transportation panel Feb. 1.
February 1, 2017