Ford is not for everyone. Analysts are not expecting big things from Ford. Most analysts are sitting in the middle on Ford, calling it a “hold.” There are eight who say buy it, and two who say “sell.” They are not expecting big things, but they are not expecting earnings to fall short of the dividend, either.
Photo by Vince Taroc.
">Photo by Vince Taroc.
">Fiat Chrysler has started assembling Ram 1500 pickups equipped with a diesel engine, even though the company must still resolve a dispute with regulators before it can sell the trucks, reports Automotive News.
Workers at the Warren Truck Assembly Plant told the media outlet the plant is producing less than 24 2017 Ram 1500 diesels per shift. The truck was sold as the Ram 1500 EcoDiesel until the middle of 2016.
In January, th EPA issued a Notice of Violation that accused FCA of using a defeat device to evade emissions testing. The company has been working with regulators on a potential fix.
Related: Feds Sue Fiat-Chrysler Over Diesels
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...Read the rest of this storyPrime Minister Haider al-Abadi declared victory Monday evening over the Islamic State in Mosul after nearly nine months of grueling combat to drive the militants out of Iraq's second-largest city. "We ...
July and August should be two of the busiest months ever seen for imports at the nation's major retail container ports, possibly setting a new record as merchants enter the back-to-school season and begin to stock up for the holiday season that will follow, according to a new forecast from the National Retail Federation, a retail trade association.
Ports covered handled 1.72 million twenty-foot equivalent units in May, the latest month for which after-the-fact numbers are available. That was up 7.3% from April and up 6.2% from May 2016. One TEU is one 20-foot-long cargo container or its equivalent.
“We're expecting retailers to import some of the largest volumes of merchandise ever,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “That's a good indicator of what could be ahead for consumer demand and retail sales, and it's a sign that retail is going strong despite what you might read in the headlines.”
June was estimated at 1.66 million TEUs, up 5.3% from the same time last year. July is forecast at 1.71 million TEUs, up 5.1% from last year; August at 1.75 million TEUs, up 2.2%; September at 1.66 million TEUs, up 4.3%; October at 1.71 million TEUs, up 2.2%, and November at 1.6 million TEUs, down 2.7% from last year.
The August figure would be the highest monthly volume recorded since NRF began tracking imports in 2000, topping the 1.73 million TEUs seen in March 2015. The 1.7 million-plus numbers seen in May, July, August and October represent four of the six busiest months in the report's history.
The first half of 2017 is expected to total 9.63 million TEUs, up 7.1% from the first half of 2016. Cargo volume for 2016 totaled 18.8 million TEU, up 3.1% from 2015, which had grown 5.4% from 2014.
NRF has forecast that ...Read the rest of this story
Costco's famous food court is testing a new menu item. The budget retailer has begun...
"We've got to do what it takes to get this bill done," including working through the August recess, says Sen. Pat Toomey.
Screenshot via TSA
">Screenshot via TSA
">The Transportation Security Administration will be providing a hands-on workshop focusing on transportation security at the upcoming Fleet Safety Conference.
The workshop will include a presentation on security threats against transportation fleets and an additional hands-on training session for attendees to improve their company's security posture as part of the TSA Intermodal Security Training and Exercise Program (I-STEP).
TSA Subject Matter Experts in Improvised Explosive Devices David Cooper and Daryn Frank will administer the session. Frank currently oversees a team of compliance inspectors at TSA's Chicago Field Office focused on surface and cargo. He has held an array of positions, inlcuding director of security of the John Hancock Building in Chicago, public safety director of the Illinois Institute of Technology, and director of internal affairs for Levy Security. Additionally, Frank served with distinction as a commissioned officer in the U.S. Army Military Police Corps.
The Fleet Safety Conference will take place from July 24-26 at the Renaissance Schaumburg Convention Center Hotel in Schaumburg, Ill. It is an industry event hosted by Bobit Business Media publications Heavy Duty Trucking, Automotive Fleet, and Work Truck and is designed specifically for fleet, risk, safety, sales, human resources and EHS professionals.
The Fleet Safety Conference will offer current and expert insights and practical education on a wide range of topics focused on improving fleet safety.
For register or find more information on the upcoming Fleet Safety Conference, including the schedule, sponsors, hotel, and travel info, click here.
Related: NTSB Hosting Driver Assistance Tech Roundtable at Fleet Safety Conference
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