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.
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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.
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