17 Dec Toyota’s 2020 Forecast Nudges It Closer to Volkswagen Toyota Motor Corp. is forecasting sales of 10.77 million vehicles worldwide during 2020, nudging it closer to No. 1 automaker Volkswagen AG. Read more...
17 Dec Navistar to Cut 1,300 Jobs; Lower Q4 Net Income, Revenue Reported Navistar International Corp. reported lower net income and revenue in its fiscal year fourth quarter as the industry’s falling demand for heavy-duty trucks was amplified by other corporate factors, including very strong year-earlier chargeouts. Read more...
16 Dec Bankruptcy Judge OKs Plan to Keep Celadon’s Taylor Express Operating Celadon Group has been authorized by a bankruptcy court to spend $1.2 million before Jan. 3, 2020, to maintain operations for Hope Mills, N.C.-based Taylor Express Inc. — the last of its operating units that is still in business — while it pursues a sale of the company. Read more...
16 Dec Little Movement in Diesel Prices as National Average Slips 0.3¢ to $3.046 a Gallon The U.S. average retail price of diesel dropped 0.3 cent to $3.046 a gallon, the Department of Energy reported Dec. 16. Read more...
16 Dec Amazon Cuts Off FedEx Ground for Prime Shipments This Holiday Amazon.com says FedEx Corp.’s delivery performance is slipping and will no longer let third-party merchants use the company’s ground delivery network for quick Prime shipments through the holidays. Read more...
16 Dec It’s Finals Week on Capitol Hill For a great number of college students in this country the dreaded finals week is finally over, clearing the way for trips back home to catch up with family and friends for holidays. In much the same way, lawmakers in Washington have a version of finals week to deal with. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill. Read more...
16 Dec Navistar International Recalls More Than 12,000 Trucks Navistar Inc. has issued a safety recall for 12,539 International brand trucks that are at risk of unintended movement when the parking brake is in use. Read more...
16 Dec Trucking, Port Officials Praise US-China 'Phase One' Trade Deal Trucking and transportation leaders praised the news that the United States and China reached an agreement to stave off a round of tariffs just days before they were set to take effect Dec. 15. Read more...
16 Dec Trailer Manufacturers Motion to Proceed With Phase 2 Greenhouse Gas Suit The Truck Trailer Manufacturers Association has asked that an appeals court lift a suspension so the association can move forward with its lawsuit seeking to block a Phase 2 greenhouse gas rule provision that would for the first time regulate trailers. Read more...
16 Dec New Executive Director Danny Wan Sees Bright Future for Port of Oakland Port of Oakland Executive Director Danny Wan has been a fixture at the port and City Hall for 20 years before being appointed to the top position at one of the nation’s busiest ports in November. Read more...