Transport Topics
Railcar Orders' Biggest Drop Since 1980s Hints at Slump in Industrial Production
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North American railcar orders plummeted the most in at least 27 years as railroads shipped less oil and sand used for drilling, adding to concern over a U.S. industrial production slowdown.
GM Profit Beats Expectations on Strong Truck Sales
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General Motors Co. reported third-quarter profit that beat analysts' estimates as strong light-truck sales in the United States and stable operations in China produced a record $3.1 billion in adjusted earnings before interest and taxes.
Rush Enterprises 3Q Income Down 15% on Energy Sector Woes
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Rush Enterprises Inc., a multistate network of truck dealerships and related services, reported third-quarter net income fell 15% year-over year as sharp declines in the energy sector cut into sales of related Class 8 trucks and aftermarket services.
Investment Firms Acquire Great Western Leasing and Sales
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Two private equity investment firms, Headhaul Capital Partners and Argosy Investment Partners, have acquired Great Western Leasing and Sales Inc. and will work with the company's management to grow the business.
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.