26 Apr Accuride Reaches Agreement to Acquire Wheel-End Supplier KIC Commercial vehicle supplier Accuride Corp. has reached an agreement to acquire KIC, a supplier of wheel-end components, and certain of its affiliated entities. Read more...
25 Apr C.H. Robinson First-Quarter Revenue Rises 11.1% First-quarter revenue for C.H. Robinson Worldwide, North America's largest freight broker, increased by 11.1%, but profitability was a mixed picture, with operating income declining 5.5% as net income rose 2.6% because of a fall in income taxes. Read more...
25 Apr Paccar Revenue Dips in 1Q, but Profits Return First-quarter sales for Paccar Inc. dipped 1.9% year-over-year, but the company returned to profitability as it did not have a large, one-time charge as it did in early 2016. Read more...
25 Apr Volvo Group First-Quarter Earnings, Sales Rise Volvo AB posted first-quarter gains in earnings and profitability, most of which was generated by its construction equipment division, as the larger truck division was fairly static compared with the same time in 2016. Read more...
25 Apr Mack's First-Quarter Deliveries Decline but Orders Surge Mack Trucks delivered a mixed load of numbers in its first quarter, dragged down by lower output totals but propelled forward by a surge in orders logged during the first three months of 2017. Read more...
25 Apr Teamsters Say N.Y. Distributor Threatens to Replace Striking Drivers, Warehouse Workers The union representing more than 100 striking delivery drivers and warehouse workers employed by East Yaphank, N.Y. , beer distributor Clare Rose said it was notified April 24 that the strikers would be "permanently replaced" on April 25. Read more...
25 Apr Norfolk Southern to Develop Second Pittsburgh Route for Double-Stack Freight Cars Last June, a landslide from the Mount Washington hillside in Pittsburgh pretty much closed the Norfolk Southern railroad tracks near Station Square for 11 days, crippling the company's ability to move double-stack freight cars through the region. Read more...
25 Apr Ward Transport Appoints Mike Moss Chief Operating Officer Ward Transport and Logistics Corp. announced Mike Moss will be joining the less-than-truckload company as chief operating officer. Read more...
25 Apr Meritor Launches E-Commerce Platform for Aftermarket Parts Meritor Inc. announced the launch of MeritorPartsXpress.com, an e-commerce platform that makes it easier for U.S. and Canadian customers to shop for Meritor aftermarket parts on computers, smartphones or tablets. Read more...
25 Apr Mitchell 1 Provides International Dealers with All-Makes Repair Software Mitchell 1 announced that its TruckSeries truck repair information has been provided to select International truck dealers as the first step in an anticipated rollout of TruckSeries to all International dealers across North America. Read more...