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Fenway Partners Acquires Consolidated Fastfrate
Private Equity firm Fenway Partners, New York, N.Y., said Monday it acquired Canadian transportation firm Consolidated Fastfrate.
November 19, 2007UPS Executive Urges Shippers To Back Taxes for Infrastructure
ATLANTA UPS Inc.s incoming chief financial officer told shippers here what freight carriers have long heard: The U.S. transportation network is so clogged and getting worse that Congress must create an infrastructure improvement plan and pay for it with dedicated taxes on the systems users.
November 19, 2007Class 8 Truck Sales Drop 53.1% In Oct. on Weak Freight Market
Heavy-duty retail truck sales in the United States fell 53.1% in October, the sixth straight month in which sales fell 50% or more below 2006 levels, according to WardsAuto.com.
November 19, 2007Carriers Interest in APUs Is Growing
ORLANDO, Fla. With idling restrictions increasing in states and localities around the country, carriers are increasingly interested in buying systems that will allow drivers to keep their truck cabs cool or heated and to operate electrical hotel appliances such as televisions or computers.
November 5, 2007Qualcomm System to Track Trucks in Cross-Border Program
The Federal Motor Carrier Safety Administration said Monday that that starting later this month, trucks crossing the U.S.-Mexico border as part of a new demonstration program will use satellite-based technology developed by Qualcomm Inc. to track trucks.
November 5, 2007Fleets to Face Engine Dilemma as Some Makers Avoid SCR
The decision by two major engine manufacturers, Cummins Inc. and Navistar International, to build 2010 heavy-duty diesel engines without selective catalytic reduction technology has upset truck sales forecasts for the 2009 and 2010 truck markets.
November 5, 2007Ryders Third-Quarter Earnings Improve
Trucking and logistics firm Ryder System said Wednesday its third-quarter profit rose, as its supply chain unit showed improvement.
October 24, 2007Ryders Third-Quarter Earnings Improve
Trucking and logistics firm Ryder System said Wednesday its third-quarter profit rose, as its supply chain unit showed improvement.
October 24, 2007Iteris Reports Improved 2Q Earnings
Iteris Inc., which makes lane-departure warning systems for the trucking industry, said late Tuesday its second-quarter profit improved from a year ago.
October 23, 2007General Freight to Use TMWSuite
Third-party logistics firm General Freight Systems said it will begin using the TMWSuite software platform as part of a companywide technology upgrade.
October 22, 2007