ENGS Commercial Finance to Be Acquired by Japan’s Mitsubishi Corp.
Stockholders of ENGS Commercial Finance have agreed to sell the business to Mitsubishi UFJ Lease & Finance Co., an affiliate of Mitsubishi Corp. in Japan, for an undisclosed amount.
October 29, 2018Echo Global Logistics Posts Record Revenue for Sixth Straight Quarter
Echo Global Logistics reported another record quarter for revenue and boosted its guidance for the year as demand for the company’s technology and transportation management services remains robust.
October 24, 2018President Trump Signs Water Infrastructure Law
President Donald Trump signed the Water Resources Development Act of 2018 into law Oct. 23.
October 23, 2018September Trailer Orders Shatter Record, ACT Research Reports
U.S. trailer orders in September skyrocketed to an all-time high, surpassing the previous record by more than 10,000 units, ACT Research Co. reported.
October 17, 2018USPS Proposes Price Hike for Parcel Packages, Stamps
The sticker price of parcel packages and first-class stamps will rise if the U.S. Postal Service has its way, with delivery prices for packages weighing more than one pound increasing 9.3%.
October 12, 2018FMCSA Extends Public Comment Period on HOS Concerns
The Federal Motor Carrier Safety Administration has extended the period of comment for an advance notice of proposed rulemaking regarding hours of service for drivers hauling property.
September 19, 2018Bridgestone Launches New Drive Tire
Bridgestone Americas Inc. announced the expansion of its Firestone commercial truck tire portfolio with the launch of the Firestone FD711 drive tire.
August 17, 2018Chassis 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, 2018