Wabtec to Buy Wheel Sensor Maker in $790 Million Deal
(Wabtech Corp.) Fresh off its $1.78 billion acquisition of an inspection technology firm, Wabtec Corp. said July 7 that it is buying Austrian wheel sensor maker Frauscher Sensor Technology Group GmbH. The all-cash deal is valued at $790 million. Wabtec, which makes locomotives and technology for freight and transit rail ...more
Trucking Fleets Navigate Tire Costs and Performance
In over-the-road trucking, retreading is common. (Michelin) As one of the top expenses for trucking companies of all types and ...more
Trump Says Aug. 1 Tariff Deadline Won’t Be Extended
President Donald Trump on July 7. (Alex Brandon/AP) President Donald Trump said he would not offer any extensions to a ...more
Diesel Price Edges Up 1.2¢ to $3.739 a Gallon
A tank truck driver connects a hose to an underground tank in Jackson, Miss. Diesel's average price in the Gulf ...more
Daimler Truck to Double Defense Business, Cut 5,000 Jobs
Daimler Truck headquarters in Berlin. (Bernd Weißbrod/dpa/TNS) Daimler Truck Holding AG said it plans to double the size of its ...more
A Look at the 14 Countries That Received Trade Letters
Vehicles for export are parked at a port in Pyeongtaek, South Korea, on July 8. (Ahn Young-joon/AP) President Donald Trump ...more
Some Sellers Sit Out Amazon Prime Day Over Tariffs
An Amazon delivery truck leaves an Amazon distribution center in Richmond, Calif. (Justin Sullivan/Getty Images/TNS) Amazon.com Inc.’s Prime Day is ...more