California Charging Infrastructure Lags Behind Targets
Concerns are growing that California is falling behind in its ability to provide enough electric vehicle charging options to meet its own aggressive targets.
TFI Buys Tank Truck Specialist Vedder in Ninth Deal of 2023
TFI International Inc. acquired tank transport specialist Vedder Transportation Group, the company said, in what was its ninth acquisition so far in 2023.
Trimac Acquires Two More Carriers, Continues to Shop
Trimac Transportation Ltd. has purchased two North American bulk haulage carriers in the past few weeks, and has plans to accelerate its ongoing buying spree.
Eaton Merges Units in Preparation for Electrification Push
Eaton Corp. is preparing for the gradual transition of heavy-duty trucking away from diesel engines by integrating two segments of its operations.
Used Truck Market Can Likely Handle Yellow Liquidation
Used trucks and trailers owned by bankrupt Yellow Corp. are set to come up for auction in unprecedented numbers, but the market can handle it, say observers.
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.
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.
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.
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.
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.