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
Data Center Demand Propels Eaton Q1 Profit, Revenue Growth
Eaton Center office in Beachwood, Ohio. (Eaton Corp.) Data center and electricity generation construction continued to power Eaton profit and ...more
Trump Downplays Talks, Says US Will Dictate Tariff Terms
“It’s going to be a very fair number, it’ll be a low number. We’re not looking to hurt countries,” Trump ...more
Vocational Demand, Price Hikes Boost Allison Q1 Profit
Newly manufactured Allison transmissions. The company's Q1 net income rose 13.6% to $192 million. (Allison Transmissions) U.S. demand this year ...more
A 911 operator used the successful Clark Memorial Bridge rescue as a way to reassure the dangling truck driver in ...more
Two truck drivers and their families will now pursue a lawsuit against Amazon after incidents involving poor signage at an ...more
A $6,000 reward is being offered for any information on the death of a lady trucker found on the side ...more
Mexico Aims to Raise Auto Tariff Exemptions
A truck carries new vehicles on the U.S.-Mexico border in San Diego. (Ariana Drehsler/Bloomberg) Mexico ...more
IMO Approves Landmark GHG Tax
Tugboats assist a containership as it prepares to dock at the Manila International Container Terminal ...more
Cleanup of Keystone Pipeline Spill Underway in North Dakota
This image provided by South Bow shows a spill from the Keystone oil pipeline that ...more
China Raises Tariffs on American Goods From 84% to 125%
An aerial view of new cars waiting for shipment at a pier for ro-ro ships ...more
Class 8 Truck Sales Climb From February, Still Lag 2024
Year to date, U.S. Class 8 retail sales are down 9.4% to 50,627 units from ...more
Lucid to Take Over Nikola’s Arizona Electric Truck Plant
Employees working on a Nikola vehicle inside the now-closed manufacturing facility in Coolidge, Ariz. (Nikola ...more
Texas Is Becoming the Epicenter of US Battery Expansion
A battery storage complex in Houston. (Jason Fochtman/Houston Chronicle/Getty Images) “Drill, baby, drill” may be ...more
A truck driver was reunited with his lost dog thanks to the help of a ...more
The Idaho State Police (ISP) Commercial Vehicle Safety Division recently conducted a large-scale commercial vehicle ...more
Knight-Swift Posts Q1 Profit as LTL Revenue Soars
At Knight-Swift’s biggest unit — its truckload division — revenue, excluding fuel surcharge and intersegment ...more
Continental Appoints New CFO Ahead of Parts Maker’s Overhaul
Roland Welzbacher by Continental. Continental AG appointed company veteran Roland Welzbacher to succeed Olaf Schick ...more
