Navistar will cut 10% of its worldwide workforce even as it gained market share for the third consecutive year.
Saudi Arabia angry at low oil prices; consumer spend set to increase during holiday season; European wine production battles climate change.
Navistar will book a $140 million hit to fourth-quarter revenue because of the six-week United Auto Workers’ strike at General Motors.
Workhorse Group signed several partnership deals to leverage its intellectual property in electric trucks and drones in the third quarter while more than doubling its loss of a year ago.
General Motors Co. confirmed the sale of its shuttered Lordstown Assembly complex in northeast Ohio to startup Lordstown Motors Corp., which plans to build a battery-powered electric pickup truck focused on fleet customers.
Roadrunner’s third quarter earnings report resembled a triage list indicating that the company’s restructuring path will be a bumpy one.
GM, Toyota clash with rivals Ford, BMW that are siding with California.
General Motors strike, a personal injury lawsuit and soft freight market drive across- the-board losses.
This Week’s DHL Supply Chain/FreightWaves Pricing Power Index: 25 (Shippers) Last Week’s DHL Supply Chain/FreightWaves Pricing Power Index: 25 (Shippers) Three-Month DHL Supply Chain/FreightWaves Pricing Power Index Outlook: 45 (Shippers) The trucking industry operates in a market based on real-time demand and supply. When demand is higher than capacity, carriers gain negotiating power for rates. […]
Electric truck maker Workhorse Inc. is selling its Surefly flying car project to aerospace and defense contractor Moog Inc. for $4 million and forming a joint venture with Moog to boost its truck-based drone delivery efforts.
General Motors (GM) reported that it has temporarily suspended production of its Chevrolet Blazer SUV at its manufacturing plant in Ramos Arizpe, Mexico. Production of the Blazer will be halted due to the shortage of parts caused by the strike of 48,000 United Auto Workers against General Motors that began September 16. GM halted production […]
The impact of a United Auto Workers’ strike at Mack Trucks will nearly double next week when Volvo Trucks North America lays off about 3,000 employees because of a lack of engines and transmissions that come from a Maryland plant the companies share.
A United Auto Workers strike against Mack Trucks could soon impact its sibling Volvo Trucks because both get engines and transmissions from the same plant in Hagerstown, Maryland.
The United Auto Workers (UAW) strike against General Motors (GM) continues to take a toll on its Mexico-based facilities. GM announced October 7 it was temporarily laying off 415 workers at its plant in the Mexican city of Ramos Arizpe, around 200 miles from the U.S.-Mexico border. The Ramos Arizpe plant, which is located in […]
The United Auto Workers union strike against General Motors (GM) has forced GM to stop production at more factories across Mexico. General Motors announced it was shutting down its auto factory complex in the Mexican city of Silao as of October 1, due to the lack of needed components from plants located in the United […]
Canadian auto parts firm’s shares plunge by more than 10% after it warns of earnings hit from a slowdown in General Motors orders.
General Motors halted operations at two maquiladoras (factories) located in the Mexican city of Piedras Negras, a consequence of the ongoing strike by 49,000 autoworkers in Detroit. The two maquiladoras – known as the Lear and EKM maquiladoras – assemble components used in the manufacture of vehicles made by General Motors, according to El Financiero. […]
Challenger Motor Freight hopes the tech-centric approach will help attract millennial truckers to Ontario-based carrier
Two big events hit trucking like a hammer this week. What are the long run implications?
Oshawa facility operating at half capacity as UAW strike in the United States takes a toll on supply chain.
