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Earnings Watch: Better Profits for XPO, Forward Air, Echo Global Logistics
Earnings Watch: UPS, Daimler Record Big Profits

Earnings Watch: UPS, Daimler Record Big Profits

Two of the biggest names in trucking, one in the shipping business and the other in the manufacturing sector, reported their fourth quarter 2017 and full-year earnings on Thursday morning and both showed big gains.

February 1, 2018

Economic Watch: Global Growth Expected to Hit 3% in 2018

Economic Watch: Global Growth Expected to Hit 3% in 2018

After exceeding expectations in 2017, the global economy is projected to continue its current momentum to generate a 3% growth rate through 2018, according to The Conference Board’s latest Global Economic Outlook.

November 13, 2017

Commentary: In Search of the Bright Side Following "Brexit"
Earnings Watch: Volvo Says Net Profit Falls, Announces Fine in EU Probe
Earnings Watch: Daimler, Volvo Profits Lower Amid Slower Truck Sales
Earnings Watch: Volvo Earnings Improve

Earnings Watch: Volvo Earnings Improve

The parent company to Volvo, Mack and other truck brands is back in the black, according to earnings reports released Friday, but it plans to cut U.S. production as it nears the end of a four-year cost cutting plan.

February 5, 2016

Earnings Watch: Cummins Profit Sinks, Daimler Soars

Earnings Watch: Cummins Profit Sinks, Daimler Soars

Profit for engine maker Cummins fell sharply in the final quarter of last year due to lower global demand, leading it to scale down plans for its new light-duty engines in North America, while Daimler AG saw record profits for 2015,

February 4, 2016

Cross-Border Freight Value Down More Than 8%

Cross-Border Freight Value Down More Than 8%

The value of freight moved between the U.S. and its neighbors Canada and Mexico fell in August, totaling $92.4 billion, thanks largely to the drop in fuel and oil prices moved by pipeline and vessel.

October 29, 2015

Kuehne Nagel Purchases 3PL Provider ReTrans

Kuehne Nagel Purchases 3PL Provider ReTrans

Memphis, Tenn.-based third party logistics provider ReTrans Inc. is being purchased by the Kuehne Nagel Group, the latest in a series of moves by companies extending their reach into trans-Atlantic freight.

June 29, 2015

Paccar Increases First Quarter Profit 38%

Paccar Increases First Quarter Profit 38%

Paccar Inc. reported first quarter earnings of $378.4 million, a 38% gain from the same time a year ago, while net sales and financial services revenue increased 10% to $4.83 billion.

April 21, 2015

Daimler Profit Up, North American Truck Sales Jump 25%

Daimler Profit Up, North American Truck Sales Jump 25%

Daimler AG, the German parent of Daimler Trucks North America, has reported higher third quarter profit and revenue, with record Mercedes-Benz auto sales and a booming North American truck market being partially offset by lower sales in other parts of the world.

October 23, 2014

Daimler Trucks Unveils Long-Term Plan for Autonomous-Driving Trucks

Daimler Trucks Unveils Long-Term Plan for Autonomous-Driving Trucks

Daimler Trucks on Thursday shared its vision of the future of trucking trucks that can drive themselves, saying they could help solve the driver shortage problem -- but not by taking drivers out of trucks altogether. The autonomous truck project, called Mercedes-Benz Future Truck 2025, was demonstrated on a section of the A14 Autobahn.

July 7, 2014

FMCSA Approves Tenth Carrier For Mexican Pilot Program

More than a year after the first Mexican truck rolled into the United States under the Federal Motor Carrier Safety Administration’s long-haul, cross-border pilot program, the agency has approved the tenth carrier.

February 22, 2013

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