Government, Business, Technology, Equipment, Fuel

Composite Use Cuts International SuperTruck II Mass by 60%

Navistar’s International SuperTruck II achieved a 60% reduction in weight compared with the baseline model due to a composite cab and trailer box, TPI Composites said.

Keiron Greenhalgh | Staff Reporter
August 30, 2023
Business, For-Hire

Yellow’s Terminals: Analysts Expect More Bids

Analysts are expecting more players to take part in an upcoming auction for the 169 terminals owned by Yellow Corp. beyond those who already have raised their hands.

Keiron Greenhalgh | Staff Reporter
August 24, 2023
Business, Logistics, For-Hire

Private Equity Firm H.I.G. Buys 3PL Ascent Global Logistics

A unit of H.I.G. Capital is to acquire third-party logistics provider Ascent Global Logistics for an undisclosed sum, the Miami-based private equity group said Aug. 22.

Keiron Greenhalgh | Staff Reporter
August 23, 2023
Business, Technology, Equipment, Fuel

Volvo Offers Fleets a Leg Up on Charging Infrastructure

Volvo Trucks North America launched a program Aug. 22 it believes will smooth fleet owners’ road to the installation of electric truck charging infrastructure.

Keiron Greenhalgh | Staff Reporter
August 22, 2023
Government, Business, Fuel

Diesel Price Increase Eases

The national average diesel price showed a modest gain after four straight weeks of accelerated increases, going up 1.1 cents to reach $4.389 a gallon.

Keiron Greenhalgh | Staff Reporter
August 21, 2023
Business, Equipment

Peterbilt Adds Hendrickson’s Primaax EX Suspension as Option

Truck manufacturer Peterbilt has started offering Hendrickson Truck Commercial Vehicle Systems’ Primaax EX severe-duty vocational air suspension system as an option, Woodridge, Ill.-based Hendrickson said.

Keiron Greenhalgh | Staff Reporter
August 21, 2023
Government, Business

Equipment Financing Industry Confidence Increases in August

Confidence in the prospects for the equipment finance market rose in August, with fewer leaders expecting weaker conditions, according to the Equipment Leasing & Finance Foundation.

Keiron Greenhalgh | Staff Reporter
August 18, 2023
Business, Equipment

Mexico’s Fultra Buys Ohio-based Trailer Manufacturer East

Mexican truck parts and trailer specialist Fultra bought trailer manufacturer East Manufacturing, the companies said.

Keiron Greenhalgh | Staff Reporter
August 18, 2023
Government, Business, Equipment, For-Hire

Estes Offers $1.3 Billion for Yellow Terminals

Estes Express Lines is in line to buy the terminals of bankrupt less-than-truckload rival Yellow Corp. after submitting a $1.3 billion bid, a court heard Aug. 17.

Keiron Greenhalgh | Staff Reporter
August 17, 2023
Government, Business, Fuel

Diesel Price Up Another 13.9¢ to $4.378 a Gallon

Diesel prices climbed another 13.9 cents a gallon for the fourth straight week of a dime-or-more national average surge, according to data from the Energy Information Administration.

Keiron Greenhalgh | Staff Reporter
August 15, 2023