WASHINGTON — Rail was the only major transportation mode to show a year-over-year increase in U.S. freight carried between North American Free Trade Agreement partners Canada and Mexico, the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today.
LISLE, Ill. — Navistar International Corp. and Volkswagen Truck and Bus (VW) yesterday closed their strategic alliance, including a 19.9 percent purchase by VW of Navistar stock, by which the U.S. truck and parts maker receives a $256 million investment from VW for general corporate purposes. The alliance began last September.
NASHVILLE, Tenn. — Glen McDonald, maintenance director at Ozark Motor Lines of Memphis, Tennessee, was elected general chairman and treasurer of the American Trucking Associations’ Technology and Maintenance Council (TMC), the organization reported yesterday at the TMC annual meeting.
STUTTGART, Germany – The Supervisory Board of Daimler AG today appointed Martin Daum, 57, as the Member of the Board of Management with responsibility for the Daimler Trucks and Daimler Buses divisions effective as of March 1.