FreightWaves recently conducted a survey of owner-operators outlining business issues and outlooks on profitability in 2022 compared to the previous year.
There are a couple of trends shaking up the automotive industry in the years ahead. Outside of digitization and electrification, one trend often gets left out: the growing reliance on Mexico and cross-border trade. As OEMs relocate manufacturing down in the South, suppliers are starting to follow in their footsteps.
Navistar picks Detroit suburb near major electrification suppliers to locate its NEXT eMobility business unit as it prepares to make its first battery-electric trucks and school buses.
North America On-Highway and Defense softened sequentially, and management thinks the company will make much less money in 2019.
