Based in Florida, the logistics service provider is expected to report a 47% jump in Q4 profit, continuing an upswing that followed three straight quarters of declining growth. Improved economic growth and falling costs are boosting sales and profits across the industry. The price of diesel fuel has fallen amid…
The milestone truck, a T680 Advantage model with a Paccar MX-13 engine, was presented to TransAm Trucking, a refrigerated carrier based in Olathe, Kansas. Kenworth, founded in 1923, has grown from building fewer than 100 trucks per year early in its history to more than 45,000 in 2014, its second-highest…
While Mercedes is set to unveil its autonomous features at CES, it’s unlikely that we’ll be seeing full driverless cars. Like many car companies, Mercedes is looking at smart systems that take over only some of the driver’s duties, such as braking assistance. Read more here.
Trucking comes out on top for sheer number of unfilled openings. An average of 242,000 openings were posted on job boards per month between January 2013 and August 2014, while only 132,000 openings on average, or 54%, were filled per month, at a median wage of about $18 per hour,…
Like Oz in the Emerald City, engineers at Nvidia NVDA -1.69% , based in Santa Clara, Calif., are working to give the next generation of automobiles a brain capable of understanding the world around it. “The car is rapidly going to go from the most stupid electronic device…
Now cars are among the main attractions at the International CES that opens Jan. 6 featuring vehicles with touchscreen dashboards and others controlled by smartwatches. Fields is making a triumphant return as Ford’s chief executive officer, where he’ll deliver a speech about the dawn of the connected-car era. Daimler AG…
It may surprise many of you to learn that Dell Computer was the highest appreciating tech stock of the 90s. This success was grounded not in marketing or product, but primarily behind the scenes in a revolutionary approach to supply chain. Dell’s success was powered by a “build to order”…
American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index jumped 3.5% in November, following an increase of 0.5% during the previous month. In November, the index equaled 136.8 (2000=100), which was the highest level on record. Compared with November 2013, the SA index increased 4.4%, down slightly from…
US for-hire truck tonnage increased 3.5% in November, achieving a new record high. The seasonally adjusted American Trucking Associations Truck Tonnage Index was up 4.4% year-over-year, marking the second highest y-o-y gain in 2014. Year-to-date, tonnage is up 3.3% in the US. Read more here.
Demand for truck trailers is on a tear, given the nation’s aging semi-truck trailer fleet and increasing freight demand. Wabash National, one of the largest makers of truck trailers, and the only publicly held company in the business, could be a prime beneficiary. Its shares, at a recent $11.65, could…
