Orders placed with U.S. factories for business equipment posted the biggest gain in more than a year, and shipments unexpectedly increased, suggesting corporate investment is regaining momentum despite tariffs and global weakness.
Category: News
Tesla Plunges on Profit Doubts, Co-Founder J.B. Straubel’s Surprise Exit
Tesla Inc. shares plummeted after a worse-than-expected loss and yet another major management change cast fresh doubts on the electric car maker’s future.
ODFL Sets Company Records as Earnings, Revenue Rise
Less-than-truckload carrier Old Dominion Freight Line reported higher net income and revenue in the second quarter as it achieved, amid lower shipments and tonnage, company records for revenue, operating ratio and earnings per diluted share.
CARB, Four Automakers Reach Deal That Circumvents White House, Sources Say
Four major automakers have reached a secret deal with California to increase gas mileage and greenhouse gas emissions standards, bypassing the Trump administration’s plan to freeze standards at 2021 levels, according to two people briefed on the matter.
GDP Growth of 1.8% Seen for 2Q
Trade tensions likely helped push down U.S. economic growth last quarter to match the slowest pace of Donald Trump’s presidency, with a robust consumer spending keeping things from looking even worse.
Trucking Market Is ‘Hot,’ Says SVP of Mack Trucks
A sales executive with Mack Trucks expressed optimism about the trucking industry during a recent briefing with the press in Portland, Ore., and Seattle.
EGR systems can run cleaner with premium diesel
While the basic concept of how EGR helps reduce NOx emission is fairly straightforward, the problems it creates are a bit more complex.
Link’s ROI Cabmate aims to make driver’s ride smoother
ROI Cabmate technology offers intelligent semi-active cab suspension that it says will increase safety, operator comfort, asset protection and driver retention.
Take the energy challenge
All of these things are fairly simple to do. Maybe after you try one of them, you’ll decide to keep doing it or even take another energy-saving action.
Rush 2Q Earnings, Revenue Climb on Truck Sales
Truck dealership Rush Enterprises reported higher net income and revenue on strong aftermarket activity and new truck sales, especially medium-duty.