Sunday, March 26, 2017
Business
Navistar almost doubles first quarter loss from 2016; results “on track,” says CEO Clarke

Navistar almost doubles first quarter loss from 2016; results “on track,” says CEO Clarke

LISLE, Ill. – Navistar International Corp. reported yesterday a loss of $62 million for the first quarter of 2017, an 87.9 percent drop from the same quarter last year, when the truck and engine OEM lost $33 million. Revenue decreased 5.7 percent to $1.66 billion from last year’s $1.77 billion, according to the company’s filing with the U.S. Securities and Exchange Commission.

On-highway diesel up 2 tenths of a penny to $2.579

On-highway diesel up 2 tenths of a penny to $2.579

The national on-highway diesel price average eked up 2 tenths of a penny Monday to $2.579 compared with $2.577 last week, but it was a mixed bag as to which one of the Energy Information Administration’s 10 reporting regions went up in price and which went down.

USAT Logistics expands portfolio with establishment  of department in Mexico

USAT Logistics expands portfolio with establishment of department in Mexico

VAN BUREN, Ark. — USAT Logistics, a division of USA Truck has expanded its portfolio of logistics solutions with the establishment of USAT Logistics de Mexico, located in Celaya, Guanajuato.

Preliminary February Class 8 orders strong; backlogs over 100K for first time since June 2016

Preliminary February Class 8 orders strong; backlogs over 100K for first time since June 2016

Bloomington, IN — Preliminary Class 8 net orders for February rose 28 percent from the same period last year to 22,900 units, analysts at FTR Intel reported today, adding that the total represented a 5 percent increase from January 2017. The steady order trend has now pushed backlogs to over 100,000 units for the first time since June 2016, FTR stated.

ABF Freight places 13th in magazine's Training Top 125 companies

ABF Freight places 13th in magazine's Training Top 125 companies

FORT SMITH, Ark. — ArcBest said its employee training program operated by less-than-truckload carrier ABF Freight placed 13th among Training magazine’s Training Top 125, which ranks companies’ excellence in employer-sponsored training and development programs.

ACT: Used Class 8 same dealer sales for January post 48% increase over weak 2016

ACT: Used Class 8 same dealer sales for January post 48% increase over weak 2016

COLUMBUS, Ind. – January used Class 8 truck same dealer sales volumes started 2017 with a bang, according to ACT Research. The total rose 48 percent over an admittedly lackluster January 2016 to a total of 3,128, said Steve Tam, Vice President of ACT February 28.

Video Sponsors