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Navistar reports $62 million first quarter loss
LISLE, IL - Navistar has announced a first quarter 2017 net loss of $62 million. Declining 6% compared to the first quarter of 2016, revenues in the first quarter of 2017 were $1.7 billion. The decline is attributed to lower truck volumes caused by soft Class 8 heavy industry conditions and decreased global sales. "Our results are on track with our plan for the year, and demonstrate our ability to effectively manage costs at a time of persistent Class 8 industry headwinds," said Troy A. Clarke, chairman, president and Chief Executive Officer (CEO) of Navistar International Corporation.
Mack introduces body builder portal
LAS VEGAS, NV - Bringing all of their body builder resources to one convenient and accessible location, Mack Trucks has introduced the Mack Body Builder Portal, which will give customers, body builders and dealers essential tools required to ensure a quick and efficient body upfit process.
ATA pleased with hours-of-service restart report
ARLINGTON, VA - Chris Spear, Chief Executive Officer (CEO) of the American Trucking Association (ATA) said he was pleased with the results of a U.S. Department of Transportation report that determined there was no advantage to the burdensome restrictions placed on the use of the 34-hour restart by professional drivers.
2017-2018 Road Knight Team selected by OTA
TORONTO, ON - Seven outstanding truck drivers have been knighted by the Ontario Trucking Association, and will now travel across Ontario over the next two years sharing the industry to media in addition to sharing their stories and know-how about the trucking industry and highway safety with students and community groups.