Daimler AG and BMW AG are pouring more than 1 billion euros into their joint car-sharing and ride-hailing businesses to take on the likes of Uber Technologies Inc. and Lyft Inc.
February 22, 2019Search
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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.
BNSF Plans $400 Million in Upgrades to Texas Rail System
Fort Worth-based BNSF Railway Co. will spend $405 million this year to upgrade its rail system running throughout Texas.
February 22, 2019Tesla Model 3 Loses Consumer Reports Recommendation
Tesla Inc.’s Model 3 lost a coveted recommendation from Consumer Reports, dropping its brand from the top 10 of the magazine’s closely watched annual ranking. The electric-car maker’s shares dropped.
February 21, 2019PHMSA Issues Rule Requiring Oil Spill Response Plans for Flammable Trains
The Pipeline and Hazardous Materials Safety Administration has issued a final rule that requires railroads to develop and submit comprehensive oil spill response plans for route segments traveled by high-hazard flammable trains.
February 20, 2019Amazon to Disclose More Details on Environmental Impact
Amazon.com announced it will disclose its carbon footprint later this year, giving consumers and investors new insight into the environmental cost of its popular two-day shipping.
February 20, 2019Volvo’s First Electric Trucks Put to Work
Volvo Trucks delivered its first all-electric vehicles to two companies operating in Sweden.
February 20, 2019January Trailer Orders Fall 35%, but Extend Record Backlog
U.S. trailer orders in January reached 25,800, dropping 35% compared with a year earlier, according to ACT Research Co.
February 20, 2019Fleets, Maintenance Shops Eye 24-Hour Service to Enhance Driver Productivity
Fleets find that by performing their own repairs, they can better control repair and wait times, and going commercial enables them to offset costs. Repairs can happen quickly while drivers are at home during their off-duty hours, making it a recruiting and retention tool.
February 20, 2019DRiV Inc. to Emerge From Tenneco Later This Year
DRiV Inc. is the name of an aftermarket parts and ride performance company that is being launched in the wake of Tenneco Inc.’s separation into two independent companies, Tenneco announced.
February 19, 2019Toyota Acquires Chicago-based Hoist Liftruck
Toyota Industries North America has acquired Chicago-based Hoist Liftruck Manufacturing. The company will be renamed Hoist Material Handling.
February 19, 2019