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Cummins First-Quarter Earnings, Revenue Increase Despite Weak North American Truck Market

Global manufacturer Cummins Inc. posted first-quarter increases in profits and sales that were driven by demand from construction and mining customers rather than North American truck engines.

May 2, 2017

Oil Falls as US Crude Supply Glut Seen Shifting to Fuel Tanks

Oil fell to the lowest in more than a month as the U.S. crude glut is seen moving to brimming fuel tanks. 

May 2, 2017

Consumer Spending in Stalls in March

U.S. consumer spending stalled in March while inflation slowed to below the Federal Reserve’s target, showing the biggest part of the economy might take more time to gain momentum after a tepid start to the year.

May 1, 2017

Allen Lund Co. Forms Joint Venture, TransKool Solutions

Allen Lund Co. has formed a joint venture with Santos International called TransKool Solutions, which will operate a temperature-controlled warehouse in McAllen, Texas, and offer brokerage services to transport produce and other refrigerated goods from Mexico to the United States and Canada.

April 28, 2017

Accuride Reaches Agreement to Acquire Wheel-End Supplier KIC

Commercial vehicle supplier Accuride Corp. has reached an agreement to acquire KIC, a supplier of wheel-end components, and certain of its affiliated entities.

April 26, 2017

Wabash Reports Lower First-Quarter Net Income, Revenue

Trailer maker Wabash National Corp. reported lower net income and revenue for the first quarter amid fewer trailer shipments due primarily to timing issues.

April 25, 2017

Platinum Equity to Buy American Traffic Solutions

Platinum Equity has agreed to buy American Traffic Solutions, a company that provides red-light and speed safety cameras along with automated toll-payment and violation-management systems in the United States and Canada.

April 24, 2017

ELDs Now or Later? Early Adopters Can Choose

Sometimes it pays to be early. Many carriers still using paper driver logs will need to hustle in the coming months to install electronic logging devices in their trucks by Dec. 18, the implementation deadline for the federal ELD mandate. Fleets that already have deployed e-logs, on the other hand, will be afforded much more flexibility.

April 20, 2017

Training Vital for E-Log Deployment, Fleets Say

PHOENIX — With just eight months remaining until the federal electronic logging mandate goes into effect, fleets that still rely on paper driver logs soon will need to make the transition to e-logs, but that process involves much more than simply installing a device in a truck.

April 20, 2017