The U.S. Securities and Exchange Commission’s yearslong civil court fight with Daniel Ustian has ended with the former Navistar International CEO agreeing to a $500,000 civil penalty and a permanent ban from serving as an officer or director of a public company.
June 2, 2020Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Paccar Parts Opens Distribution Center in Las Vegas
Paccar Parts announced it opened a 250,000-square-foot parts distribution center in Las Vegas.
June 2, 2020Schneider Leverages Carrier Network With FreightPower Launch
Schneider launched a new marketplace, Schneider FreightPower, to give shippers access to an expanded and flexible capacity network.
June 3, 2020Truck Financiers Offer Flexibility During Pandemic
Like many other carriers, Bowerman Trucking in Searcy, Ark., has experienced challenges during the COVID-19 pandemic, but one group has made things easier: its creditors.
June 2, 2020SelecTrucks Adds Phoenix-Area Location
SelecTrucks announced it added SelecTrucks of Phoenix, a Velocity Truck Centers dealership, as the 28th location in its network.
June 1, 2020Konexial Announces Digital Trailer Lock
Konexial announced its My20 Locking System, a keyless, high-security digital smart-locking platform used to provide trailer and container security for its My20 ELD and fleet management customers.
June 1, 2020Xtra Lease Orders 4,000 New Trailers for Delivery This Year
Xtra Lease, a provider of semi-trailer rentals and leases, has ordered 4,000 new trailers for 2020.
June 1, 2020Aperia Offers Predictive Analysis for Tires With No Money Down
Aperia Technologies Inc., a supplier of tire management offerings, announced its Pro+ program is intended to make it easier for fleets to secure tech support for their businesses during the COVID-19 pandemic without upfront costs.
June 1, 2020Survey: US Factories Sink in May for Third Straight Month
American factories contracted for the third straight month in May as they continued to sustain economic damage from the coronavirus pandemic.
June 1, 2020European Auto Industry Buckling Up for at Least 35,000 Job Cuts
The extent of the devastation wrought on the European car industry by the coronavirus pandemic came into sharp focus May 29 when a sampling of major vehicle and parts manufacturers from France to Sweden revealed plans for at least 35,000 job cuts.
May 29, 2020