Category: News

Roadcheck 2017 is underway

The Arkansas State Highway and Transportation Department (AHTD) in conjunction with local law enforcement officers are already hard at work checking out trucks, buses, and other commercial equipment as part of the 30th annual Roadcheck International 72…

Roadcheck 2017 is underway

The Arkansas State Highway and Transportation Department (AHTD) in conjunction with local law enforcement officers are already hard at work checking out trucks, buses, and other commercial equipment as part of the 30th annual Roadcheck International 72…

Navistar takes $60 million used truck charge

OEM plans to export more of its “legacy” MaxxForce-equipped vehicles to help reduce its used truck inventory.

Truck and engine maker Navistar posted an $80 million net loss for the second quarter on revenues of $2.1 billion, with higher losses in its used truck business the main culprit

The company said in its earnings release that it took a $60 million charge in the second quarter to beef up the “reserve” for used trucks equipped with the OEM’s “legacy” MaxxForce 13-liter engines –wiping out the $47 million in earnings before interest, taxes, and amortization (EBITA) it booked for the quarter.

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Navistar takes $60 million used truck charge

OEM plans to export more of its “legacy” MaxxForce-equipped vehicles to help reduce its used truck inventory.

Truck and engine maker Navistar posted an $80 million net loss for the second quarter on revenues of $2.1 billion, with higher losses in its used truck business the main culprit

The company said in its earnings release that it took a $60 million charge in the second quarter to beef up the “reserve” for used trucks equipped with the OEM’s “legacy” MaxxForce 13-liter engines –wiping out the $47 million in earnings before interest, taxes, and amortization (EBITA) it booked for the quarter.

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Port Everglades Gets $41.4 Million for Bigger Cranes

Port Everglades will purchase three new large gantry cranes at $41.4 million as part of a larger overall program to expand the complex and better position itself to receive Neopanamax vessels traveling through the expanded Panama Canal.

Port Everglades Gets $41.4 Million for Bigger Cranes

Port Everglades will purchase three new large gantry cranes at $41.4 million as part of a larger overall program to expand the complex and better position itself to receive Neopanamax vessels traveling through the expanded Panama Canal.