01 Nov Heartland’s John Cosaert Retires, Christopher Strain Named CFO Heartland Express Inc. CFO John Cosaert has retired after nearly 40 years with the carrier, starting as one of the firm’s original employees as an accountant, and moving up to manage the company’s finances and back office Read more...
01 Nov Wabash 3Q Net Income, Revenue Fall Against Prior-Year Record Performance Trailer maker Wabash National Corp. reported net income and revenue dropped in the third quarter compared with the company’s record-setting third quarter in 2016. Read more...
01 Nov Pioneer Leaps Into Driverless Vehicle Fray With Microscopic Mirrors When it comes to helping driverless cars see, automakers have a choice between bulky top-mounted contraptions or cheaper but unproven laser-on-a-chip technology. Pioneer Corp. thinks it can deliver the best of both worlds Read more...
01 Nov Waymo Offers Peek at its Secluded Test Bed For Self-Driving Cars A bicyclist pedaled alongside the road and a pedestrian wandered into the crosswalk, as a self-driving minivan headed through a maze of roads in a desolate landscape. As the vehicle turned right, its steering wheel rotated above the empty driver’s seat. Read more...
01 Nov Regulators Move to Rewrite Rules for Self-Driving Cars The National Highway Traffic Safety Administration is considering eliminating regulations that currently block self-driving vehicles designed without steering wheels, brake pedals or other driver controls from hitting the road. Read more...
01 Nov Cummins Net Income, Revenue Surge as Markets Strengthen Independent engine maker Cummins Inc. reported third-quarter net income and revenue surged compared with year-ago results. Read more...
01 Nov US Oil Rises to 10-Month High as Stockpiles Seen Dropping Oil rose to the highest level since early January in New York on expectations that government data will confirm another drop in U.S. crude inventories as the global surplus recedes. Read more...
01 Nov Army Corps Awards $213 Million to Port of Charleston The Army Corps of Engineers awarded $213.3 million to dredge the Charleston Harbor Entrance Channel in South Carolina, a critical step for the Port of Charleston to compete for business from international steamship lines. Read more...
01 Nov Growth in US Manufacturing Eases From a 13-Year High Manufacturing remained solid in October even as expansion at U.S. factories cooled from a 13-year high a month earlier, figures from the Institute for Supply Management showed Nov. 1. Read more...
01 Nov Truck Makers Point to Improving Market in 3Q Truck makers highlighted growing demand for their equipment in third-quarter earnings reports even as they posted mixed results. One saw profitability slip but revenue climb, while two others reported an increase in net income and revenue. Read more...