Transport Topics
Volvo Group's Third-Quarter Earnings, Sales Slide in Weaker Class 8 Market
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Volvo Group reported third-quarter earnings and sales fell amid excessive Class 8 inventory in North America as orders and sales both dropped by more than 30%, compared with a very strong market in 2015.
DHL to Raise Rates in 2017; Also Wins Two New Contracts
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DHL will raise rates in the United States beginning next year, the company announced Oct. 21, while it also won two contracts to haul cars, food and beverages in the United Kingdom and China.
XPO Logistics and Hewlett Packard Lay Off 70 Employees in Iowa
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XPO Logistics Inc. and Hewlett Packard Co. laid off about 70 employees in Iowa on Oct. 31 after the two companies ended a contract and parted ways.
Daimler's Positive Third-Quarter Results Limited by Weak Truck Market
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Daimler AG reported Oct. 21 net income and revenue rose in the third quarter, but the results were limited by falling demand for heavy-duty trucks, especially in North America, the segment's largest retail sales market.
West Virginia Trucking Association members receive a 2.7% discount
The leading voice for the trucking industry in West Virginia, committed to safety, efficiency, and growth.