Business, Equipment

Chassis Company FlexiVan to Purchase Intermodal Tire Business From New Pride

FlexiVan is purchasing substantially all of the assets of New Pride Corp.’s intermodal tire division, the Kenilworth, N.J., intermodal chassis leasing company said Aug. 6.

August 10, 2018
Business, Technology, Equipment

Utility Selects New Curtain for Trailers

Utility Trailer Manufacturing Co. announced the Kin-Sider from Kinedyne will be the new standard curtain installed on Utility’s Tautliner curtain-sided trailers.

August 10, 2018
Business, Technology

Loop’s Fuel Cell Range Extender to Be Evaluated in SoCal

Loop Energy announced its heavy-duty fuel cell range extender will power two zero-emissions, hybrid-electric Class 8 drayage trucks as part of a fuel cell truck project in Southern California.

August 10, 2018
Fuel

Diesel Dips 0.3¢ to $3.223

The U.S. average retail price of diesel inched down 0.3 cent to $3.223 a gallon, while crude oil prices were lower despite ongoing tensions over trade and the Middle East.

August 6, 2018
Business, Technology

Continental Automotive Systems Lowers Prices on ELDs

Continental Automotive Systems is cutting the prices of its electronic logging devices.

August 6, 2018
Business, Equipment

Dana to Acquire Oerlikon’s Drive Systems Unit

Dana Inc. announced it signed a definitive agreement to purchase the drive systems segment of the Oerlikon Group, a Swiss manufacturer of high-precision gears, planetary hub drives for wheeled and tracked vehicles and products, control and software that support vehicle electrification across the mobility industry.

July 30, 2018
Business, Logistics

Canadian Pacific Reports Second-Quarter Revenue Growth of 7%

Canadian Pacific Railway Ltd. announced second-quarter revenues of C$1.75 billion, an increase of 7% from $1.64 billion when compared with the same period of 2017.

July 18, 2018
Business, Fuel

Diesel Flat at $3.239 Per Gallon

The U.S. average retail price of diesel fuel was virtually flat last week, falling 0.4 cent to $3.239 a gallon, according to the weekly report from the U.S. Department of Energy’s Energy Information Administration.

July 16, 2018
Business

Wagers Named Interim Chief at XPO's LTL Group

XPO Logistics has named Kenny Wagers as the interim president of its less-than-truckload business, replacing Tony Brooks, who has left the company.

July 16, 2018
Business

Several Carriers Fine-Tune Compensation in Face of Driver Shortage

The second quarter brought a number of increases in driver compensation as the driver shortage continued to impact carriers’ ability to transport loads.

July 16, 2018