FreightWaves recently conducted a survey of owner-operators outlining business issues and outlooks on profitability in 2022 compared to the previous year. The survey included 76 owner-operators and a majority of those polled, about 70%, hauled dry van trailers.
What stood out most in the data was the reported worsening conditions facing owner-operators. Just over 35% of those surveyed indicated the lowest...
Here’s what’s cookin’ today in Transmission:
Suppliers are following OEMs to Mexico
There are a couple of trends shaking up the automotive industry in the years ahead. Electric vehicles are the obvious example that comes to mind. Other examples include the rise of digitization in new vehicle models and the need for an omnichannel car-buying experience. One trend often gets left out: the growing reliance on...
https://www.freightwaves.com/news/transmission-auto-suppliers-will-head-south-for-better-weather
Navistar International Corp. (NYSE: NAV) is staffing its NEXT eMobility Solutions business unit in Michigan. It is close to several major suppliers working on battery-electric truck systems.
The 19,000-square-foot facility is 30 miles north of Detroit in Rochester Hills. That is a short drive from Continental Automotive Systems (OTC: CTTAY) and Meritor Inc. (NYSE: MTOR) in Troy, Michigan. Other suppliers are nearby.
“We look forward to joining this community as we create what will be the...
https://s29755.pcdn.co/news/navistar-locates-electrification-unit-among-major-suppliers