Commercial vehicle supplier Wabco Holdings Inc. reported third-quarter net income dropped and revenue soared.
Category: News
I-95 Corridor Coalition, Delaware DOT to Test Mileage-Based Revenue Project With Trucks
The I-95 Corridor Coalition, in a partnership with the Delaware Department of Transportation, is leading a pilot program to assess the feasibility of generating mileage-based revenue from trucks.
BMW Raided in Collusion Probe as Daimler Blows Whistle to EU
BMW AG said it was raided by European Union antitrust watchdogs this week as the EU ramped up a probe into the German car industry following reports that carmakers colluded on technology for decades.
Universal Logistics Strong 3Q Forecast Dashed
Two weeks after Universal Logistics Holdings offered a bright outlook for its third-quarter earnings report, the company reversed course Oct. 19, telling investors that a jury verdict will knock it back once again.
States Can Apply for Interstate Tolling Program Through FHWA
The Federal Highway Administration is taking applications from states interested in collecting tolls at interstate facilities, according to a document published in the Federal Register on Oct. 20.
Kansas City Southern Posts Strong 3Q Gains Despite Hurricane Harvey
Kansas City Southern reported profits rose 7.2% in the third quarter on strength in automotive, energy, intermodal and petrochemical transportation, despite suffering a financial blow of up to $23 million in operating income from Hurricane Harvey.
Analysis: Let’s Give a Blast of the Air Horn for Global Truck Boom
It’s rare that major economies all grow at the same time. For investors that’s sometimes frustrating. There’s always at least one country—Brazil, Russia, wherever—blotting a multinational’s otherwise decent set of numbers.
Analysis: Let’s Give a Blast of the Air Horn for Global Truck Boom
It’s rare that major economies all grow at the same time. For investors that’s sometimes frustrating. There’s always at least one country—Brazil, Russia, wherever—blotting a multinational’s otherwise decent set of numbers.
Trucking ignores technology at its own peril
The headline above comes courtesy of John Larkin – managing director and head of transportation capital markets research for Stifel Capital Markets – who made that comment to illustrate a key issue now facing truckers large and small; wheth…
Trucking ignores technology at its own peril
The headline above comes courtesy of John Larkin – managing director and head of transportation capital markets research for Stifel Capital Markets – who made that comment to illustrate a key issue now facing truckers large and small; wheth…