VTNA Offers Online Customization of VNR, VNL Models
Volvo Trucks North America has made available an online configurator tool for customizing eight new models in its VNR and VNL series.
May 7, 2018Meritor Selects UQM to Supply Electric Axles
Electric motor manufacturer UQM Technologies Inc. announced Meritor Inc. has chosen the company to supply its development and production plans for the 14Xe electric axle product line.
May 7, 2018Love’s Expands Along I-25, I-44 in Oklahoma, New Mexico
Love’s Travel Stops opened facilities in Oklahoma and New Mexico that, combined, add 121 truck parking spaces to interstates 44 and 25.
May 7, 2018Ceva Logistics Completes IPO, Shares Traded on SIX Swiss Exchange
Shares in Ceva Logistics began trading May 4 on the SIX Swiss Exchange in Zurich after a successful initial public offering of stock and the move by French ocean shipping line CMA CGM to acquire a 25% stake in the business.
May 4, 2018Editorial: A Relevant Conversation
The term “relevant” is used frequently to describe industries, products and services, and whether the subjects of those discussions have any relevance to modern society can cause fiery debate.
May 2, 2018M&K Truck Centers Promotes Pilecki to President
Truck dealership M&K Truck Centers promoted Ted Pilecki to president, effective immediately.
April 30, 2018Old Dominion Freight Line Posts Record First-Quarter Revenue of $925 Million
Old Dominion Freight Line Inc. reported total revenue for the first quarter increased by more than 22% to $925 million, the first time quarterly revenue exceeded $900 million in the company’s history. In 2017, first-quarter revenue was $754 million. Old Dominion said this is the fourth consecutive quarter of double-digit revenue growth.
April 26, 2018Editorial: The Ceiling on a Hot Freight Market
As the U.S. economy and truck tonnage continue to power forward, trucking companies are enjoying the benefits of a hot freight market where their services are in high demand. At the same time, tight hauling capacity is making it tougher for shippers to find the trucks needed to transport their goods.
April 26, 2018TravelCenters Receives $10.7 Million From Comdata in Lawsuit
TravelCenters of America reported that Delaware’s Chancery Court awarded attorney’s fees and costs that the company incurred in its litigation with Comdata Inc., the Brentwood, Tenn.-based payments firm and division of Fleetcor. TravelCenters reported that Comdata on April 13 reimbursed about $10.7 million in costs and interest.
April 23, 2018Technology Firm Project44 Raises $35 Million in New Funding Round
Logistics technology firm project44 announced April 17 it raised $35 million in a new funding round led by OpenView Venture Partners.
April 23, 2018