East Manufacturing, a renowned manufacturer specializing in aluminum flatbed, dump and trash trailers, as well as aluminum body and steel dump trailers, has recently announced the opening of a new parts manufacturing plant. According to CEO Tom Wiseman, the new facility will supply all parts for East trailers, as well as parts and accessories common to all makes and models, to dealers, fleets, trucking companies and owner-operators.
This strategic initiative is poised to enable East Manufacturing to operate on a larger scale and handle increased order volumes. Equipped with skilled technicians, the new facility is expected to enhance the company's overall efficiency and service offerings.
Well-known parking lot operator Love's Travel Stops on Monday announced the creation of a program called Fuel Your Growth. The program provides an opportunity to receive free training and professional development. The “Fuel Your Growth” program will be available to team members approximately 30 days after the start date. The available training and development programs are designed for working adults and help employees combine work and training at the same time. By participating in the program, workers can gain mechanics knowledge and skills, take foreign language classes or take career coaching classes.
Love's has already opened three new stops this year, and 5 new Speedco stores have also been opened. According to a spokesperson, there are plans to open 5 more new stops this year.
On Friday, a Zambian court found 22 Chinese citizens guilty of cybercrime and internet fraud. The court sentenced them to prison terms from 7 to 11 and also fined them $3,000.
In April, authorities noticed a sharp increase in cases of cyber fraud. Many Zambian citizens have complained about money being lost from their bank accounts. During the investigation, with the support of the police and the immigration service, a business owned by a Chinese was discovered in an upscale area of the Lusaka suburb.
We took this video from Associated Press YouTube Channel.
During the inspection, officers discovered more than 1,300 foreign and local SIM cards, two firearms and numerous cell phones. The Chinese company hired local Zambians between the ages of 20 and 25 and used them for their own purposes to deceive people. The police released the locals on bail, while the remaining participants were arrested.
The two-day conference being held in Germany is focused on garnering support for the restoration of the energy system in Ukraine. More than 2,000 attendees have been invited, including local politicians, business representatives, and professionals from various sectors.
During the conference, Ukrainian President Zelensky highlighted the challenges posed by the increasing attacks on the country's energy infrastructure, leading to power outages nationwide. To address financial constraints, the government has taken measures such as imposing restrictions on the use of electronic devices and air conditioners by government officials.
We took this video from CBC News: The National YouTube Channel.
Currently, a significant portion of Ukraine's thermal and hydroelectric power plants have been destroyed or severely damaged, affecting the country's energy stability. President Zelensky emphasized that Ukraine has the potential for a modern energy system but lacks the necessary funding and investment. According to estimates by the World Bank, Ukraine will require nearly $500 billion in investments over the next decade to rebuild and modernize its energy infrastructure. German President Olaf Scholz has pledged to work on developing credit programs and investment strategies to support Ukraine's recovery efforts. Also, President Scholz has called on European leaders to increase their assistance to Ukraine and enhance supplies for the country's air defense.
Recent reports from industry leaders ACT and FTR have highlighted positive demand trends for Class 8 vehicles in North America. Preliminary data shows a significant increase in orders for the month of May, with a 25% rise compared to April's figures of 18,900 units. The 12-month total now stands at approximately 273,900 units, indicating a healthy market despite lagging behind previous years.
Dan Moyer, a senior commercial vehicle analyst at FTR, predicts continued strong demand for Class 8 vehicles towards the end of the year. Despite ongoing challenges in the truck market, fleets remain eager to invest in new equipment, pointing towards a resilient industry outlook. Additionally, orders for Classes 5-7 vehicles have also shown a slight uptick, totaling 18,900 units in May - a 0.2% increase from the previous month.
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