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Economist Noel Perry Sees US Recession Looming in Late 2020

In the trucking, freight and logistics industry, when economist Noel Perry talks, people listen.

November 13, 2019

GM Sells Shuttered Lordstown, Ohio, Assembly Plant to Electric Vehicle Startup

Lordstown Motors Corp., the electric-truck startup formed specifically to save a shuttered Ohio car factory, has acquired the highly politicized plant from General Motors Co.

November 7, 2019

Elon Musk Schedules ‘Blade Runner’-Inspired Pickup Truck Unveiling for Nov. 21

Tesla Inc. Chief Executive Officer Elon Musk set a date for the debut of the electric-car maker’s first pickup and further tied the truck to the famous sci-fi movie that inspired its design.

November 6, 2019

Titanium Reports Softer Q3 Earnings

Titanium Transportation Group was profitable in the third quarter of 2019, but earnings were below 2018’s strong numbers.

November 6, 2019

Wabash Posts Higher Q3 Earnings, Record Revenue

Wabash National Corp. reported higher earnings and record third-quarter revenue, citing growth in final-mile and commercial trailer products, and higher sales prices.

November 6, 2019

Meritor Offers New e-Axles for Global Market

ATLANTA — Meritor Inc. announced it expanded its electric drivetrain business and developed friction material with reduced levels of copper ahead of the regulatory deadline, launched an air disc brake package and enhanced certain axles.

November 5, 2019

October Class 8 Orders Highest in 11 Months

Preliminary net Class 8 orders for October, a bellwether month, were 22,100 and the highest in 11 months, ACT Research reported.

November 5, 2019

Operational Cost of Trucking Up 7.7%, ATRI Report Says

The costs associated with trucking have increased substantially, according to a new report from the American Transportation Research Institute.

November 4, 2019

Omnitracs Resolves ELD Disruption That Had Drivers Reverting to Paper Logs

Technology company Omnitracs announced its electronic logging devices that had experienced outages caused by an infrequent update to Global Positioning System operations are now functional.

November 4, 2019