WARREN, Mich.-- Universal Truckload Services Inc. said Monday that it will pay $123 million in cash for Westport Axle Corp., which provides parts assembly, packaging and distribution services for makers of cars, heavy trucks and recreational vehicles.» Read More
A worsening shortage of truckers is pushing up freight rates and delaying some deliveries, defying the weak economy, high unemployment and falling gasoline prices, USA Today reports.
Here are six stocks that should benefit from the trucking industry’s shift from diesel fuel to natural-gas in the coming years.
Multiple tornadoes hit the Dallas area yesterday, and CNBC's Bertha Coombs surveys the damage.
How are the nation's truckers handling higher fuel prices? Bill Graves, American Trucking Associations CEO, says if fuel prices hit $5/gallon it could bring the trucking business to a snail's pace.
Mad Money host Jim Cramer discusses Navistar's hideous quarter, calling it "the worst of breed truck manufacturer", and says if investors want to play the global trucking space, go with a best of breed like Cummins.
Down 16 percent over the past month, Navistar shares offered opportunity, trader Mike Murphy said.
Billionaire investor Carl Icahn added to his position in truck maker Navistar International. Here's what moves the "Fast" traders are making.
To find out, Cramer goes “Off the Charts.”
We're positive and we're looking for a double digit increase in sales for 2012, said Roger Penske, Penske Automotive chairman/CEO. Discussing the strong truck demand, with Steve Clough, Arrow Truck Sales president.
Mad Money host Jim Cramer says despite the insanity of this market investors need to look at what individual companies have to say, and when it comes to the truck business, don't take your cues from a loser like Navistar, especially when Cummins offers a best of breed.
The “Mad Money” host breaks down why stocks were able to end higher Tuesday.
Only he explains it's not so much what, as it is who.
Ryder System CEO Gregory Swienton said his company's seeing more business signed, which he thinks is a positive reflection on the overall economy.
The average diesel price is around 4 bucks a gallon this week. A look at which stocks are going to face the fallout, with Jason Seidl, Dahlman Rose & Co director.
Higher diesel prices are slamming the trucking industry. Could railroads be the big winner in this crunch? CNBC's Jane Wells on what happens to the sector now.
Cramer's happy the President is finally talking about natural gas, but isn't sure it's going to make a dent. What's really needed are subsidies to convert tractor-trailer trucks to natural gas.
Cramer thinks so, but let’s see what the CEO has to say.
Cramer talks to the CEO about what’s in store for this truck maker.
Here are Cramer’s three favorite plays on it.
According to several trade groups in the trucking industry, there could be a shortage of drivers next year, and the estimates range from 200,000 to as many as 500,000.