23 Jul Tank/Bulk Carriers See Gains and Losses Carriers in the tank/bulk sector posted modest gains in revenue as firms dealt with positive and negative market trends. Higher prices slowed demand for fuel shipments, while increases in oil and gas drilling and production of petrochemicals boosted demand for tankers. Read more...
22 Jul Nebraska Grand Champion Tim Dean Has Been Down This Road Before Nebraska 2018 Grand Champion Tim Dean has won eight state championships, placed second at the National Truck Driving Championship in 2009 and served as a member of the 2009-2010 America’s Road Team. To say he is experienced is an understatement. Read more...
20 Jul DTNA to Recall 18,105 Freightliner Cascadias Daimler Trucks North America is recalling 18,105 of its 2018-19 Freightliner Cascadia models due to an issue with its brake caliper mounting bolts. Read more...
20 Jul The Low-Rolling-Resistance Trade-Off The technology behind low-rolling-resistance tires is based on the benefit of reducing the resistance that’s caused by tires rolling on the surface of a roadway. Reducing this resistance means that the truck requires less energy and fuel, and as a result, runs more efficiently, industry experts said. Read more...
20 Jul Missouri Sen. Claire McCaskill Pushes Back on Privatizing Postal Service Restructuring the federal government to make it more efficient and accountable is an idea Missouri Sen. Claire McCaskill says she can get behind. Read more...
20 Jul New Jersey Warehouse Guard Foils July 4 Robbery A warehouse security guard in New Jersey who was overpowered by gun-toting thieves July 4 was able to free himself and contact the police to help foil a robbery attempt, according to police reports. Read more...
20 Jul Wabco Operating Income Climbs 35% in 2Q Commercial vehicle supplier Wabco Holdings reported second-quarter operating income of $146.5 million, up 35% from $108.4 million in the same period a year ago. Earnings per share rose to $1.95, up 21% from $1.61. Read more...
20 Jul Freight Trains Get Go-Ahead to Travel Closer to Light Rail Line in Minneapolis A major roadblock in Minneapolis involving how its Southwest light rail and freight trains operate close to one another has been resolved, freeing local transit planners to apply for nearly $1 billion in federal funds to help pay for the project. Read more...
20 Jul Great Lakes Shipping Supports 237,00 Jobs, Study Finds A new study found that Great Lakes shipping to ports such as the Port of Indiana-Burns Harbor and the Port of Chicago on the South Sides pumps $25.6 billion into the economy and supports 237,000 jobs, including 147,500 in the Midwest. Read more...
20 Jul Mnuchin Shift to Trade Warrior Makes Him Likely G-20 Target The U.S. Treasury Department has gone from economic diplomats to trade warriors, a shift that leaves Secretary Steven Mnuchin once again exposed to broadsides from global counterparts as tensions grow ahead of a multilateral summit. Read more...