The study surveyed 357 CFOs, investor-relations professionals and other executives at public companies in 2021. (woraput/Getty Images) The pandemic may have upended businesses, but surprisingly it did little to dent managers’ misplaced confidence in their earnings forecasts, new research shows. More than three out of four financial professionals said there was a strong likelihood that ...more
Rep. Rick Crawford at a past hearing. (Al Drago/Bloomberg News) The chairman of a House transportation subcommittee wants lawmakers to put as much focus on truck parking as they have on expanding the scope of electric vehicles, and laments that the issue wasn’t a central focus of the Infrastructure Investment and Jobs Act that President ...more
Boeing CEO Dave Calhoun in Doha on May 23. (Christopher Pike/Bloomberg News) Boeing Co. cautioned that the aerospace industry could suffer from supply disruptions for more than half a decade, delaying deliveries to airlines and hampering the rebound from the COVID-19 pandemic. “I can see supply constraints for a very long time,” CEO Dave Calhoun, ...more
An Amazon fulfillment center. (Benjamin Girette/Bloomberg News) Amazon.com Inc. repeatedly violated federal labor law by unilaterally changing policies and terminating union supporters at its sole unionized warehouse, U.S. labor board prosecutors alleged in a complaint, which also accuses CEO Andy Jassy of personally making illegal anti-union comments. In a May 22 filing, a National Labor ...more
Siegfried Schnepf/Getty Images PHOENIX — States are taking aim at towing companies that prevent carriers from accessing cargo in a trailer after a rig has been dropped off after a tow, a panel of insurance experts said. “Having dealt with a few tow truck companies, they are pretty scary people,” said Dean Croke, principal analyst ...more
A big rig overturned on Interstate 4 in Florida on Tuesday morning, creating traffic backups. The accident happened on May 23rd in Orange County on I-4 east at the John Young Parkway overpass at about 6 a.m. EDT. Click Orlando reports that the truck overturned, spilling about 150 pallets onto the roadway. First responders have cleared ...more
A bus driver is dead after rear-ending a semi truck in Wyoming last week. The accident happened on Wednesday, May 17th east of Arlington, Wyoming on Interstate 80. According to KGAB, a semi truck was heading east at 45 mph in the right lane of I-80 at milepost 273.6 with its hazard lights on. A commercial ...more
Mack Trucks Austraila recently showed off an impressive LEGO build at a truck show in Brisbane to celebrate the company’s 60 year anniversary. Mack Trucks Australia created the life-size LEGO truck to display at the 2023 Brisbane Truck Show. The LEGO Mack Anthem is made up of approximately one million LEGO pieces and took more ...more
On Tuesday, Iowa DOT Motor Vehicle Enforcement (MVE) took to Facebook to highlight a recent traffic stop involving a badly damaged semi trailer. In the May 23 post, Iowa DOT MVE said:“Driving at night has it’s benefits. Less traffic is definitely one of them. Avoiding law enforcement to make it from one state to another ...more
A car was obliterated and a person was killed in a wreck with a tractor trailer in Washington on Friday. The accident occurred on Friday, May 19th in Orondo, Washington on Highway 2. According to Wenatchee News, a 2022 Toyota 4Runner was heading east on Highway 2 when the motorist “improperly” changed lanes and collided with ...more
