DETROIT, March 7- U.S. truck maker Navistar International Corp on Tuesday reported a much wider-than-expected quarterly loss on continued industry weakness but said its new product line positioned it well for an expected market rebound in the second half of 2017.. "This marks an exciting new chapter in Navistar's history, and another step in our journey to...
Discussing the future of trucking as autonomous trucks are making their way onto the road, with Jason Seidl, Cowen Group airfreight & surface transportation analyst.
SAN FRANCISCO, Feb 23- Alphabet Inc's Waymo self-driving car unit sued Uber Technologies and its autonomous trucking subsidiary Otto on Thursday over allegations of theft of its confidential and proprietary sensor technology. "Uber's LiDAR technology is actually Waymo's LiDAR technology," said Waymo's complaint in the Northern District of California.
Sales at its logistics business, under which the company offers services such as warehousing and distribution, rose 8.6 percent to $1.38 billion in the fourth quarter ended Dec. 31. The company sold its truckload shipping business, acquired as part of its $3 billion Con-way deal, to Canadian trucking company TransForce Inc for $558 million in October.
Chris Wetherbee, Citi, provides his outlook on the Dow Jones Transportation Average as growth continues in the transport sector fueled by freight volume and "seasonal" weather patterns.
The truckmaker's shares fell as much as 11.59 percent to $26.25 in morning trading on Tuesday. Heavy-duty truck orders have been declining as trucking companies adjust their fleets amid lackluster retail sales and industrial output in the United States. Navistar expects 2017 class 8 industry volumes to range between 190,000 and 220,000 trucks while class...
Carter Worth, Cornerstone Macro head of technical analysis, goes to the charts to discuss why weakness may be ahead in the transportation sector. The "Fast Money" traders weigh in.
The "Fast Money" traders discuss why bad news for FedEx and UPS could be good news for retail.
Jason Seidl, Cowen Group transports analyst, weighs in on the transportation sector.
CNBC's Morgan Brennan reports the latest problems in the trucking industry, including orders for heavy duty commercial trucks dropping nearly 50%, and what this means for the economy.
The company is working to establish itself as a freight hauler and a technology partner for the industry.
CNBC's Phil LeBeau talks with Troy Clarke, Navistar CEO, and Andreas Renschler, Volkswagen Truck & Bus CEO, about the impact of technology on the trucking industry.
Troy Clarke, Navistar CEO, provides perspective on Volkswagen's bid to take a 16.6-percent stake in Navistar. And Andreas Renschler, Volkswagen Truck & Bus CEO, weighs in the importance of the deal. We can share technology and capture economies of scale, says Clarke.
CNBC's Phil LeBeau breaks down the details of Volkswagen's bid for Navistar as the U.S. truck market comes under pressure.
Volkswagen's trucking unit plans to hike its offer for Navistar to $16 a share, reports CNBC's Landon Dowdy.
Driverless car technology will also be a disaster for the millions of Americans who work as long-haul truckers, bus drivers or cab drivers.
What do some of the country's biggest truck companies think about Amazon's move into trucking, via their fleet of branded trailers? CNBC's Morgan Brennan reports at The Great American Trucking Show in Dallas, Texas.
CNBC's Morgan Brennan reports on the future of trucking at The Great American Trucking Show in Dallas, Texas.
CNBC's Morgan Brennan reports tech giant Amazon is building its own delivery infrastructure as e-commerce demand grows and competition heats up in the shipping space.
CNBC's Phil LeBeau reports on the performance of the Ram 1500, and other pickup truck brands tested in the IIHS crash test.