On Thursday night at the Las Vegas Motor Speedway, Kenworth Truck Co. (NASDAQ: PCAR) introduced its newest long-hood tractor, the W990. Standard with a Paccar MX-13 engine rated up to 510 hp. and 1,850 lbs.-ft. of torque, a 12-speed Paccar automated transmission and Paccar 40K tandem rear axles, the tractor will tour the country, stopping at Kenworth dealerships in the U.S. and Canada over the next month and one-half. For more on the truck, read: Kenworth touts its new W990 long-hood tractor as a true “driver’s truck”. (All photos courtesy of Kenworth)
Winds close to 150 mph, major storm surge about to slam parts of Africa never hit by a cyclone in modern times.
World’s largest ocean freight forwarder sees volume growth thanks to Asian export markets and its niche plays in pharma and healthcare.
Sluggish demand in the export trades from Asia to Europe has seen carriers blank nine sailings for the month of May 2019, taking out 115,000TEU in capacity, in an effort to bolster rates against slow growth.
Bottom line comes in light. Investors wary to unimpressed.
The expanded Neopanamax locks of the Panama Canal, which debuted in June 2016, have been a boon for many shipping sectors, but they were specifically designed with container shipping in mind. Lock capacity is measured in twenty-foot-equivalent units (TEU).
Ford invests $500M in electric pickup maker; plus U.S. may be pulling freight from trucking, India seeks logistics technology upgrades, and scientists call for unity on electric vehicles.
Intermodal business surges from acquisitions made during 2018.
Landstar’s President and Chief Executive Officer Jim Gattoni said that he is “comfortable” with the current full-year consensus EPS estimate of $6.41.
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