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Volvo’s Voorhoeve Sees Strong 2019 Truck Market

WASHINGTON — Peter Voorhoeve, the new president of Volvo Trucks North America, predicted another banner year for the truck market in 2019 and voiced a desire to promote more respect for the truck driving profession.

December 13, 2018

Rush Enterprises Showcases Employees at Tech Skills Rodeo

SAN ANTONIO — They came for a share of $280,000 in cash and prizes and to compete and celebrate like family. In all, 232 technicians, and truck and parts sales personnel selected from across Rush Enterprises’ national network, vied in skills tests to prove they were the champions of what they do for the truck dealership.

December 12, 2018

Agility to Invest $100 Million in Shipa Digital Logistics Platform

Agility, a global logistics and freight services company headquartered in Kuwait, has announced a $100 million investment over three years to launch Shipa.com. The platform will help businesses, entrepreneurs and consumers manage freight, e-commerce and urban deliveries online.

December 12, 2018

Hyundai Plans $6.7 Billion Investment to Boost Fuel-Cell Output

Hyundai Motor Group and its suppliers plan to spend $6.7 billion (7.6 trillion won) through 2030 to raise production of fuel cells more than 200-fold as the South Korean automaker targets becoming a key player in new-energy vehicle technology.

December 12, 2018

Tesla CEO Elon Musk Is Getting Last Laugh on Wall Street

It was only a few months ago that Wall Street was bashing Elon Musk’s Tesla Inc. Times have changed for the automaker and its mercurial CEO.

December 12, 2018

Volvo Trucks to Introduce All-Electric Version of VNR Model

WASHINGTON — Volvo Trucks will bring electric-powered commercial trucks to North America in 2019 by introducing a battery-electric version of its VNR regional haul model.

December 11, 2018

Fuel, Maintenance Among Many Variables for Total Cost of Ownership Calculations

Carriers aiming to answer this question — how much did that truck truly cost? — must weigh a range of factors to arrive at a “total cost of ownership.” The factors considered might differ from one operator to the next, but the basic considerations tend to be the same, fleet managers and truck manufacturers said.

December 11, 2018

Tech Air Acquires Scully Welding Supply, Propane Service Companies

Industrial gas and equipment supplier Tech Air has acquired Scully Welding Supply Corp. and Scully Propane Service Corp. according to a Dec. 4 press release. This is the 27th acquisition for Tech Air under CI Capital ownership.

December 11, 2018

AIT Worldwide Logistics Acquires ConneXion

AIT Worldwide Logistics, a supply chain services provider, has acquired ConneXion World Cargo, a freight forwarder based in London.

December 11, 2018