According to FTR Transportation Intelligence, orders of Class 8 trucks – the heavy-duty trucks that commonly carry goods between cities – reached 133,900 for the first quarter of 2018. The orders represent a 98.4% increase from the first quarter of 2017 and the highest level of orders since 2006.
The Greenbrier Companies (NYSE: GBX), a leading manufacturer of railcars and provider of rail services, issued its first quarter 2018 earnings before the market opened today.
Linamar Corporation (TSX: LNR) announced yesterday that it would acquire the MacDon Group of Companies for $1.2 billion CAD. The consideration will eventually be adjusted by fees and other customary adjustments.
According to the Association of Equipment Manufacturers, US sales of self-prop combines and tractors generally showed continued improvements year over year in November. The only category that showed weakness was sales of 4WD tractors, which came in at 107 units, down 21.9% from November 2016.
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