Commercial Fleet Sales Fall in January 02/04/19
Commercial fleet sales fell 1.9 percent for the month of January, largely due to a steep drop in passenger cars sold. According to reports, sales of passenger cars to fleet owners declined 17.2 percent month over month. This continues the trend of declining passenger car sales dating back to last year, which saw an overall […]
Read More>A Safe Work Environment Starts With Engagement 01/31/19
Maintaining a safe work environment for employees presents a unique set of challenges in industrial applications. While there is plenty of debate as to how to improve safety, most would agree it’s a mission critical part of their business. Whether you are operating a machine shop, factory or industrial plant, safety is always going to […]
Read More>Takeaways from the 2019 North American International Auto Show 01/30/19
The 2019 North American International Auto Show (NAIAS), also known as the Detroit Auto Show, is in the books, marking the final time the event will take place in the winter. The 2020 event will take place in the summer, allowing the event to make its way outdoors for the first time in its 31 […]
Read More>Some States Consider Eliminating Speed Differentials 01/29/19
Several states are considering changes to laws that enforce speed differentials, requiring trucks to drive at different speeds than other vehicles. According to reports, new proposals in California, Indiana and Iowa would do away with speed differentials for trucks and other large vehicles. Most speed differential laws like this are opposed by organizations like the […]
Read More>Construction Begins on BART Extension 01/28/19
California’s Santa Clara Valley Transportation Authority (VTA) began construction on the second phase of its Bay Area Rapid Transit (BART) extension, a $4.7 billion dollar project. According to reports, this phase of the project will include building five miles of subway tunnel, a ground level station, three underground stations, a maintenance facility and storage yard […]
Read More>Carlos Ghosn Officially Steps Down from Renault Roles 01/24/19
Carlos Ghosn has officially stepped down from his role as Renault’s Chairman and CEO as he faces charges of financial misconduct. According to reports, Jean-Dominique Senard will take over as chairman while Thierry Bollore will serve as chief executive. Ghosn, who has been detained in Japan since his arrest in November, is accused of failing […]
Read More>Survey Shows Concern For Potential Skills Crisis 01/23/19
Some oil industry professionals are beginning to express concern that their industry will soon face a substantial skills crisis according to the latest Global Energy Talent Index (GETI). According to reports, more than 17,000 respondents participated in this year’s GETI survey, with 40% saying they believe the industry is already facing a skills crisis. Another […]
Read More>Companies Will Use Blockchain Technology to Monitor Cobalt in DRC 01/22/19
A group of companies from across the globe announced they will collaborate on a program using blockchain technology to monitor cobalt production in the Democratic Republic of Congo. According to sources, U.S. based Ford and IBM will team up with South Korea-based LG Chem and China-based Huayou Cobalt. The project, expected to be completed by […]
Read More>Ford Plans to Release an All-Electric F-150 Model 01/21/19
Ford announced it intends to release an all-electric version of its F-150 pickup truck, but has not said when that vehicle may be released. According to reports, the announcement was made with little other information, including a potential timeline or any details on the vehicle’s power train. Industry insiders have been speculating about an electric […]
Read More>Oil Industry Poised for More Growth in 2019 01/17/19
2018 was a banner year for oil and gas and while the industry may slow a little bit in 2019, its still poised to see growth. In 2018, oil production in the United States averaged about 10.8 million barrels per day (B/D). In November, production went as high as 11.6 million B/D, the highest in […]
Read More>