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
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.
Cramer thinks he has fond a potential takeover target in this resurgent sector.
Here's why you should keep a close eye on these six stocks.
President Obama’s push for higher fuel-efficiency standards for diesel-guzzling, long-haul trucks may be laudable but is probably unachievable by the target date without more development of key technologies,
Signs that the economy is recovering are popping up everywhere. Here are a few you might have missed: trucker shortages, fancy pens and "jerk" insurance!
Though some progress has been made with electric and hybrid vehicles, battery technology remains deficient, especially for the critical long-haul segment of the business.
“Drive and Deliver,” a documentary film about truck drivers that is scheduled to make its debut next week, looks like a Hollywood movie and is directed by a Hollywood director. But “Drive and Deliver” is not being bankrolled by a big studio. Rather, the estimated $2 million budget is being underwritten by a division of the Navistar International Corporation to help promote a new long-haul truck, the New York TImes reports.
Also, the premeire trucking stocks, the best Cuba play and much more.
Sweden's Volvo posted a smaller-than-expected rise in quarterly pretax earnings on Wednesday, but was upbeat on demand in Europe while remaining confident about a recovery in the troubled U.S. market.
Swedish bus and truckmaker Volvo on Wednesday said its second-quarter net profit dropped 14 percent, mainly hurt by higher costs and continued tough market conditions in North America.
Hey everyone. Jeff Mishlove is back with some contest stock picks. Notice his reference to weekly winner #5 Scott Cole and using earnings news as a way to buy stocks. Time to let Jeff do the talking. Here he is. My Top Picks to Buy on Monday...
Wall Street is often wrong. If you listen to the analysts and don’t check what’s happening at the company - or what the company is saying - you’re going to miss out on way too many opportunities. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
James Tringas, manager of the Evergreen Special Values Fund, appearing on "Morning Call," says Arkansas Best and Kenneth Cole Productions are "Hidden Gems." Here they are..
Truckmaker MAN, which withdrew its hostile takeover offer for rival Scania, said Tuesday its annual profit nearly doubled in 2006.
Swedish truck maker Scania -- subject to a hostile takeover offer by German rival MAN --_ will report its full-year results earlier than planned in a move to give shareholders more information on its finances, company officials said Friday.
According to American Insurance Association Senior Vice President Julie Rochman, trucking accidents cause 5,000 deaths a year in the U.S. She was on “Power Lunch” talking to Sue Herera about the need to enforce the rules in place – let alone enact new ones.
Swedish truckmaker Scania's chief executive apologized Friday for drawing parallels between German rival MAN's hostile takeover bid and Nazi tactics during World War II.