Fiat Chrysler Automobiles NV is considering options for its robotics arm, Comau, including a potential sale at a value of 1.5 billion euros to 2 billion euros ($1.7 billion to $2.3 billion), sources familiar with the matter said. The shares rose the most since July.
November 26, 2018Search
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Truck Makers, Suppliers Aim to Combat Road Salt Corrosion With Protective Coatings
When winter weather arrives, what also comes with it is the use of road salt, which exacerbates truck corrosion.
November 20, 2018Container-Shipping Companies Plan Industry Alliance
Five container-shipping companies intend to create a nonprofit association focused on the digitalization and standardization of information used in the industry.
November 19, 2018Cadence Premier Logistics Opens Center in Illinois
Cadence Premier Logistics has opened the Pit Stop Truck Center, a 77,000-square-foot facility in Joliet, Ill., the company announced Nov. 14.
November 16, 2018ZAF Opens Nickel-Zinc Battery R&D Facility in Montana
Battery technologies developer ZAF Energy Systems has announced the opening of a research and development facility in Bozeman, Mont., according to a Nov. 13 press release. Scientists and engineers at the 8,000-square-foot facility are developing nickel-zinc technologies with an emphasis on performance improvements and cost reduction.
November 15, 2018Meritor Posts Mixed 4Q Results Amid Market Strength
Tier 1 supplier Meritor Inc. posted lower net income and higher revenue in its fourth-quarter and fiscal-year periods as its markets improved, but separate financial issues cut earnings.
November 14, 2018Medium-Duty Sales Increase in October
U.S. retail sales of medium-duty trucks increased 11.1% to 20,631 in October, with double-digit gains coming in most weight classes, WardsAuto.com reported.
November 14, 2018Electric Vehicle Revolution Goes Underground in Sweden With Mine Truck
Swedish mining equipment maker Epiroc AB on Nov. 14 launched a new range, including what it says is the largest battery-powered vehicle for mining below the Earth’s surface: a 42 ton-capacity truck that can haul blasted rock through narrow tunnels.
November 14, 2018Capitol Agenda for the Week of Nov. 12: Honoring Those Who Served Our Nation
Robbie Roth of FedEx Freight knows well the bonds that are created by serving in the military and working in the trucking industry.
November 13, 2018Cargo Theft Detective Warns of Thieves’ Sophistication, Organization
Los Angeles County Sheriff’s Department Detective Gerardo A. Pachuca is a member of Cargo CATS, the department’s team of experienced investigators and one of a handful of multiagency teams in the United States dedicated exclusively to targeting cargo thieves and their receivers.
November 15, 2018