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…
Category: News
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.
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.
Has the Panama Canal expansion lived up to the hype?
U.S ports seeing growth, but Panama has experienced some bumps
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.
Less-Than-Truckload Carriers Report Strong Second Quarter
Less-than-truckload carriers report that the second quarter has been strong in terms of volumes, tonnage and revenue due to strong demand for spring and summer items and a strong oil and gas sector, based on numbers from publicly traded companies and c…
Less-Than-Truckload Carriers Report Strong Second Quarter
Less-than-truckload carriers report that the second quarter has been strong in terms of volumes, tonnage and revenue due to strong demand for spring and summer items and a strong oil and gas sector, based on numbers from publicly traded companies and c…
Volvo Trucks Introduces Genuine Painted Parts Program
Volvo Trucks North America now offers a painted parts program intended to deliver genuine, factory-built replacement parts, custom painted for pre-order or quick turnaround, the company said.
Larger Cargo Ships Are Coming to East Coast Ports. Can North Carolina Keep Up?
The largest cargo ship ever to visit U.S. East Coast ports is making high-profile stops lately in Virginia, Georgia and South Carolina, but it won’t be visiting North Carolina.