29 Mar Senate Confirms Nason to Lead FHWA President Donald Trump’s nominee to lead the Federal Highway Administration was easily confirmed March 28. Read more...
29 Mar Consumer Spending Misses Forecasts as Inflation Eases U.S. consumer spending in January was short of projections while inflation eased, an early read on the economy in the first quarter that may add to concerns about the outlook. Read more...
29 Mar Paccar Reaches Milestone With MX Engine Paccar Inc.’s engine plant in Columbus, Miss., reached a milestone recently by producing its 200,000th MX engine for the North American market. Read more...
29 Mar Heil Adds 5-Axle Petroleum Trailer Heil Trailer International Co. has announced the availability of a 5-axle, 12,000-gallon petroleum trailer intended to enable customers in the Western United States to haul more in fewer runs. Read more...
29 Mar BP, Shell Both Claim to Be No. 1 in Investor Returns Both BP Plc and Royal Dutch Shell Plc are claiming the top spot for investor returns within their peer group from 2016 to 2018. That’s an important metric — taking first place was a significant element in the doubling of Shell CEO Ben van Beurden’s pay last year. Read more...
29 Mar Fiat Cuts 1,500 Jobs as Canada Plant Reduces Minivan Output Fiat Chrysler Automobiles NV is cutting about 1,500 jobs at a factory in Canada that’s scaling back production due to slowing minivan sales. Read more...
29 Mar Consumer Sentiment Rose More Than First Reported in March U.S. consumer sentiment climbed in March by more than initially reported as views grew rosier about current economic conditions. Read more...
29 Mar Paccar Reaches Milestone With MX-13 Engine Paccar Inc.’s engine plant in Columbus, Miss., reached a milestone recently by producing its 200,000th MX engine for the North American market. Read more...
29 Mar New-Home Sales Rebound in February, Exceeding Estimates Sales of new U.S. homes rebounded to the best pace in almost a year and exceeded estimates in February, led by the Midwest, as lower mortgage costs helped buyers afford properties. Read more...
29 Mar BFGoodrich Unveils Two New Truck Tires at MATS LOUISVILLE, Ky. — BFGoodrich unveiled two new trucking tires at the 48th Mid-America Trucking Show, one for the steering axle and one for the trailer axle, designed to enhance longhaul, tanker, refrigerated and dry van models. Read more...