A truck leasing task force that studied the prevalence of predatory practices in truck lease-purchase agreements determined that truck drivers often fall prey to unscrupulous actors.
January 28, 2025Fleet Equipment News
Commercial freight transportation is a machine-based business. Highly technical equipment and advanced engineering are at the center of supply chain and require constant innovation. Transport Topics equipment coverage focuses on the machines and other physical assets that make delivery possible. It looks closely at available truck, trailer, and chassis models, developments in the engineering space, and maintenance innovations and best practices.
Task Force Critical of Truck Lease-Purchase Deals
US Steel Investor Pentwater Opposes Ancoras Proxy Proposal
Pentwater, the third-largest investor in U.S. Steel, said it opposes moves by activist investor Ancora Holdings Group to shake up the board of the American steelmaker.
January 28, 2025Continental Sees Tough Climate in Auto Units Spinoff Year
Continental AG said its automotive unit will struggle to increase sales this year as the German supplier pushes ahead with plans to spin off the ailing division despite the car industry downturn.
January 28, 2025Senate Confirms Sean Duffy for DOT Secretary
WASHINGTON Former congressman Sean Duffy was confirmed by a vote of 77-22.
January 28, 2025Atlas Energy Begins Driverless Truck Deliveries to Wells
Bulk carrier Atlas Energy Solutions began shipments of proppant on two driverless trucks equipped with self-driving technology from Kodiak Robotics recently, the companies said.
January 28, 2025GM Reports Q4 Loss on Charges Related to China
General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street.
January 28, 2025Trimac Buys Flatbed Specialist Watt & Stewart
Trimac Transportation acquired flatbed and specialized haulage carrier Watt & Stewart for an undisclosed sum.
January 27, 2025Ancora-Backed CEO Candidate Proposes US Steel Overhaul
I want to have a stake in something that Im going to be involved in, Alan Kestenbaum said Jan. 27 in an interview. If I get the chance to run the show, Ill invest in myself.
January 27, 2025Bay and Bay Expands Flatbed Operations
Minnesota carrier aims to meet the growing needs of existing shippers, particularly in industries requiring transportation of construction materials, machinery and equipment.
January 27, 2025Kia Recalls 80,000 Vehicles Over Air Bag Issue
Kia America Inc. has announced a recall of more than 80,000 Kia vehicles due to improper floor wiring that may impact the vehicles air bag deployment.
January 27, 2025Follow Us
Trending
Newsletter Signup
Subscribe to Transport Topics