Editor at Large
Rolf Lockwood was the founding editor of Today’s Trucking in 1987, and currently serves as the magazine’s editor at large – as well as Newcom’s vice president of editorial. Over his career, Lockwood has established himself as one of the deans of the trucking industry trade press. His honors include the 2012 Lifetime Achievement Award from the Truck Writers of North America, and the 2003 Harvey Southam Lifetime Editorial Achievement Award from the Canadian Business Press. He is also a contributing editor to Heavy Duty Trucking magazine.
Well, it finally happened. Rumored for many months, if not years, and now a fait accompli, Volkswagen Truck & Bus has bought a piece of Navistar International. While the gossip mill mostly envisioned an outright purchase by the German giant, yesterday’s announcement described a less dramatic deal: VW is buying a 16.6% stake in the Illinois company. It will pay US$15.76 per share or a 25% premium over Navistar’s 90-day volume-weighted average price as of Aug. 31, or 12% over Navistar’s closing price on Sept. 2. Navistar will receive US$256 million from the equity investment to be used for general corporate purposes.
I have trouble with the phrase ‘professional truck driver’. Some drivers are indeed professional, very much so, and I count many amongst my friends. If I were a fleet manager I’d trust them with any load going any place at […]
Driver, your job is not at risk. Well, let me qualify that. Unless you’re comprehensively unable to keep ‘er between the poles, you’re safe. In the immediate future, at least. But in the longer term — call it 20-25 years […]
One of my very best friends died in early December. He should have lived forever, because that’s what ought to happen with good guys. We need their example, their inspiration. We need to see with our own eyes that humanity […]
Talk about a lot of buzz. The idea of autonomously driven cars is getting an absolute ton of air play these days. Really, I can’t open my e-mail inbox without seeing some new example of cars that need their drivers […]
Two days after the Toronto Star published an article on truck-driver training and licensing, Ontario’s Minister of Transportation Steven Del Duca said he would work towards mandatory entry-level training for class A truck drivers.