SONOMA, Calif. — Equipment manufacturers showcased new fuel-efficient Class 8 tractor technology here during Shell’s “Make the Future” event at the Sonoma Raceway on April 20.
Category: News
Profits, Revenues Fall at Canadian National
Canadian National Railway reported April 23 first-quarter net income of C$741 million, or $1 a share, on revenues of $3.2 billion, a decline of $12 million.
Rush Reports Net Income, Revenue Surge Powered by Aftermarket, New Truck Sales
National truck dealership Rush Enterprises Inc. reported strong gains in net income and record-setting first-quarter revenue amid a strong economy and ongoing strategic initiatives.
Diesel Climbs 2.9¢ to $3.133 in Fifth Straight Increase
The U.S. average retail price of diesel fuel rose 2.9 cents to $3.133 a gallon as the benchmark West Texas Intermediate crude oil price closed at $68.93 a barrel April 23, a jump of $5.92.
Autocar's new Alabama plant 'fully operational'
Hagerstown, IN-based Autocar Trucks hosted a ribbon cutting ceremony at its manufacturing plant in Alabama, which the OEM said is now fully operational. The facility was announced last September.
The plant is located in a 1 million sq. ft. complex i
TravelCenters Receives $10.7 Million From Comdata in Lawsuit
TravelCenters of America reported that Delaware’s Chancery Court awarded attorney’s fees and costs that the company incurred in its litigation with Comdata Inc., the Brentwood, Tenn.-based payments firm and division of Fleetcor. TravelCenters reported that Comdata on April 13 reimbursed about $10.7 million in costs and interest.
GE Is in Talks to Unload Rail Business in Deal With Wabtec
General Electric Co., the beleaguered manufacturer undergoing a strategic review, is in talks to sell its century-old locomotive business to rail-equipment maker Wabtec Corp., according to people familiar with the matter
US Hints at China Truce as World Warns of Trade-War Threat
U.S. Treasury Secretary Steven Mnuchin said he’s considering a trip to China amid a trade dispute with Beijing that finance chiefs warn could derail the global economic upswing.
Change-of-Address Scam Moved UPS Corporate Headquarters to Tiny Chicago Apartment, Feds Say
The timeworn apartment building in Chicago’s Rogers Park neighborhood hardly looks like the corporate headquarters of one of the world’s largest shipping companies. But for a few recent months, that’s essentially what it became — at least as far as the U.S. Postal Service was concerned.
Southern Indiana Trucking Companies Battling ‘Catastrophic’ Driver Shortage
It’s just a paved lot now, but soon, one 16-acre property in River Ridge, Ind., will be the home of a comprehensive over-the-road truck driving school for Mister “P” Express, Inc.