Eaton Expects About $100 Million Expense From New Tax Law
Component supplier Eaton Corp. reported it expects a one-time tax expense of between $90 million and $110 million as a result of the new Tax Cuts and Jobs Act.
January 2, 2018Federal-Mogul Expands Product Portfolio, Rewards Program
Component supplier Federal-Mogul Motorparts expanded its product portfolio for the heavy-duty market and its loyalty programs to reward technicians who work on heavy-duty vehicles.
January 2, 2018Wabco Invests $10 Million in Nikola
Commercial vehicle supplier Wabco Holdings Inc. announced it has made a $10 million strategic investment in Nikola Motor Co., which is developing hydrogen-electric Class 8 trucks and other vehicles, vehicle components, energy storage systems and electric vehicle drivetrains.
December 28, 2017Accuride to Add Five Distribution Centers
Commercial vehicle supplier Accuride Corp. announced it will extend its North American distribution network to target key regional markets to reduce lead times and provide aftermarket customers with new shipment options.
December 28, 2017Roadrunner Avoids Stock Exchange Delisting
Roadrunner Transportation Systems received an extension through April 4 to remain on the New York Stock Exchange, avoiding a delisting due to the company retracting financial statements for every quarter since the beginning of 2016 and also pulling its annual reports for 2015 and 2016.
December 28, 2017CenterPoint Keeps Growing in Miami Area
CenterPoint Properties in December made its third acquisition in 2017 in the Miami market, buying a 130,000-square-foot Class A building in the Gratigny submarket.
December 18, 2017Truck Makers Recall Kidde Fire Extinguishers
Mack Trucks and Volvo Trucks North America are recalling certain models of Kidde fire extinguishers sold as accessories for use in their trucks, citing a potential risk in 37,367 vehicles.
December 14, 2017Year of the ELD: A Timeline
The Dec. 18 phase-in of the mandate for electronic logging devices might be THE story in trucking of 2017 — and the mandate's effect will live into 2018 and well beyond.
December 13, 2017Trac Intermodal Raising Fees Jan. 1 to Fund Chassis Refurbishment
Trac Intermodal will raise the per diem rates about $1 on marine chassis rented as of Jan. 1, according to a notice sent to fleets.
December 11, 2017Pilot Freight to Open Vegas Warehouse for Casinos, Conventions, Concerts
Pilot Freight Services will open a 70,000-square-foot warehouse near McCarran International Airport in Las Vegas to handle the logistics to store freight for trade shows, casinos and concerts, including booths, stages, lighting systems and video equipment.
December 11, 2017