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Ryder Grows Revenue But Records Loss On Lower Used Truck Prices

Ryder System (NYSE: R) reported its financial results for the third quarter of 2019 on October. 29. Revenue grew 3% to $2.2 billion, but the company reported a non-GAAP loss of $78.1 million, or $1.49 per share. read more.....»»

Category: blogSource: benzingaOct 29th, 2019

Used Truck Prices Drop For First Time Since January 2018

The final average price of total used Class 8 trucks in August fell 1 percent year over year, the first price decline since January 2018, according to ACT Research.  For the year to date, prices are up 7 percent.  read more.....»»

Category: blogSource: benzingaSep 26th, 2019

States sue to stop $26.5 billion Sprint-T-Mobile deal

A group of 10 state attorneys general led by New York and California are filing a lawsuit to block The state AGs say the merger would hurt competition and drive up prices for . It's an unusual... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJun 12th, 2019

Used vehicle prices rise in March for first time in six months: J.D. Power

Used vehicle prices rose in March for the first time in six months, according to analyst at J.D. Power Valuation Services. In its April Used Car and Light Truck Guidelines Industry Update, analysts said their seasonally adju.....»»

Category: topSource: marketwatchApr 19th, 2019

As truck prices rise, driver loyalty declines, survey finds

As pickup prices escalate, some are considering switching to cheaper vehicles, according to a survey by online used-car marketplace CarGurus Inc......»»

Category: topSource: marketwatchMar 28th, 2019

Big Is Better for Detroit, But for How Long?

Carmakers take a risk relying on high SUV and truck prices to carry them to an electrified future......»»

Category: topSource: washpostMar 21st, 2019

Apple Reportedly Adopting Unusual Strategy To Up iPhone Sales In India

Apple recently cut prices to woo iPhone buyers in China, but in India, the company is adopting a different approach. Instead of price cuts, Apple is reportedly planning to increase the price of entry-level iPhones in an attempt.....»»

Category: blogSource: valuewalkMar 15th, 2019

Truck driver shortage is raising prices, delaying deliveries

A trucker shortage is raising freight costs, some of which are being passed on to stores and shoppers. It's also delaying.....»»

Category: topSource: usatodayApr 26th, 2018

The disappearing American car

Stable oil prices, improvements in SUV and truck design, and a big shift in consumer tastes seem to spell the end of sedans and small cars in the U.S......»»

Category: topSource: moneycentralApr 7th, 2018

Inflation Retreats in March

The March Consumer Price Index dropped by -0.3%.   That's unusual and a decline in CPI has not happened since February 2016.  The reason was volatile gas prices but America finally is catching a break on c.....»»

Category: blogSource: economicpopulistApr 27th, 2018

Ford Still Committed To SUV, Truck Shift Even As Iran Relations Threaten Spike In Gas Costs

The U.S. has irked a major oil exporter, and some fear its withdrawal from the Iran nuclear deal could prompt a pop in gas prices. Latest Ratings for F Da.....»»

Category: blogSource: benzingaMay 10th, 2018

America doesn"t have enough truckers, and it"s starting to cause prices of about everything to rise

'I’ve never seen anything like this,' says one trucking company CEO. Truck drivers are getting 15 percent pay raises......»»

Category: topSource: washpostMay 21st, 2018

Why prices of everything is rising in America? Ask the truckers

'I’ve never seen anything like this,' says one trucking company CEO. Truck drivers are getting 15 percent pay raises......»»

Category: topSource: moneycentralMay 22nd, 2018

The U.S. doesn"t have enough truckers, and it"s starting to cause prices of about everything to rise

'I’ve never seen anything like this,' says one trucking company CEO. Truck drivers are getting 15 percent pay raises......»»

Category: topSource: washpostMay 22nd, 2018

Brazil Truck Drivers Strike Over Fuel Prices

Truck drivers went on strike in Brazil against rising fuel prices for the second day on Tuesday, threatening the country’s sluggish recovery and pushing its cash-strapped government into a corner......»»

Category: topSource: wsjMay 22nd, 2018

Brazil Truck Strike Enters Fourth Day, Threatening Already-Weak Economic Recovery

Brazil’s nationwide trucking strike entered its fourth day Thursday, disrupting the country’s already-weak economy and delivering a blow to oil giant Petrobras as drivers demand lower diesel-fuel prices......»»

Category: topSource: wsjMay 24th, 2018

Brazil Reaches New Deal to End Truck Drivers" Strike

The government has agreed to a temporary discount in diesel prices and other concessions, in an effort to lift a seven-day strike that left many businesses without vital supplies......»»

Category: topSource: wsjMay 27th, 2018

SUV, Pickup-Truck Demand Continue to Buoy U.S. Auto Sales

Auto makers reported mixed U.S. auto sales for May as demand for sedans continues to wither and SUVs and pickups buoy sales despite rising gas prices......»»

Category: smallbizSource: wsjJun 1st, 2018

Gold Prices: Sluggish Due to Korea Summit

Today, the Gold Enthusiast explains sluggish gold prices - and has found an unusual reason for them. Learn why the market is moving slowly - and when it might pick back up......»»

Category: optionsSource: insidefuturesJun 12th, 2018

Egypt’s powerful president is facing unusual dissent over rapidly rising prices

Fixing his country's economy is a core challenge for President Abdel Fatah al-Sissi as he enters his second term in office. Western donors are pleased. Most Egyptians are not......»»

Category: topSource: washpostJul 19th, 2018