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, 2018Utility 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, 2018Loop’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, 2018Diesel 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, 2018Continental Automotive Systems Lowers Prices on ELDs
Continental Automotive Systems is cutting the prices of its electronic logging devices.
August 6, 2018Dana 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, 2018Canadian 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, 2018Diesel 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, 2018Wagers 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, 2018Several 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