In the years following the recession, U.S. economic growth has been "so modest that no sector has been overheated,” said William Strauss, senior economist and economic adviser at the Federal Reserve Bank of Chicago.
Phillips Industries embarked on a year-long celebration of its 90th year in business with a press conference during Heavy Duty Aftermarket Week.
UPDATED A draft of the Trump Administration’s long-promised infrastructure plan, obtained and published on Jan. 22, is arguably most compelling for what it leaves out: Any talk of boosting federal fuel taxes.
Continental will install its vehicle-to-vehicle and vehicle-to-infrastructure communications technology to help prevent intersection crashes.
Wabco has announced the launch of a new budget spare parts brand, ProVia, aimed at bridging the gap between low quality, cheap parts and the company's more premium offerings.
Eaton has expanded its North American Authorized Rebuilder Program by adding Houston, Texas-based Chalk’s Truck Parts.
Mack Trucks and Lego have released a new 2,595-piece Lego Technic building set of the new Mack Anthem flagship truck. The set can also be used to create a fully functional Mack LR front loader refuse model.
A measure of truckload linehaul rates has hit a new record high while a separate gauge of intermodal shipping rates showed it posted its 15th straight increase.