Daimler Truck gathered analysts in Boston this week for a series of business updates often punctuated by the words “in sunny conditions.” The description was less of a hedge on performance than a description of where the global market-leading OEM sees its business heading. CFO Jochen Goetz explained how the terminology came about. “The analogy…
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ASL Aviation Holdings, a Dublin-based contract air transport provider for Amazon and other companies, has eliminated positions for 28 pilots. The move appears connected to the online retailer scaling back the number of flights it operates in Europe. The company confirmed that it released the pilots, who were provided by recruitment firm CAE Parc Aviation,…
Larry Stewart is a unionized truck driver — just like his father and grandfather before him. He knew, when he became a truck driver 36 years ago, that it wouldn’t be an easy way to make a living. “You sacrifice your life,” said Stewart, who lives in Edwardsville, Illinois, some 30 miles outside St. Louis….
The nation’s industrial real estate market is cooling off in the face of slowing demand and higher borrowing costs, but the market remains fundamentally healthy, according to the second-quarter report released Thursday by research and services firm Cushman & Wakefield (NYSE: CWK). The vacancy rate, which has been ticking up for several quarters, rose to…