Canadian carrier Mullen Group Ltd. posted a 6.4% decline in net income in the third quarter, to C$20.5 million or 20 cents per share, according to a company news release Oct. 24.
October 30, 2019Search
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Layoffs Hit Stevens Tanker, Amazon Contractors
Closures and layoffs continue to vex the trucking industry in 2019, but three recent downsizings were attributed by the companies involved more to the vicissitudes of the energy, retail and final-mile industries than to a slowdown in the overall freight market.
October 22, 2019UPS Invests $450 Million in CNG Trucks, Stations
UPS Inc. announced it will spend $450 million to add 6,000 vehicles powered by compressed natural gas as well as supporting infrastructure beginning next year.
October 9, 2019Class 8 Orders Off 71% From Year-Ago Levels
North American Class 8 orders in September cleared 12,000 units, ACT Research reported, citing preliminary data, but the volume remained just a faint shadow of what occurred a year earlier.
October 3, 2019NACFE Names Drivers for Regional Run on Less Showcase
Ten regional-haul drivers, whose experience ranges from one year to 42 years, will participate in the Regional Run on Less fuel efficiency roadshow from Oct. 7 through Oct. 25, the North American Council for Freight Efficiency announced Sept. 10.
September 10, 2019Ryder Increases Dividend, Adds Maintenance Facility
Ryder System Inc. increased its regular quarterly cash dividend by 2 cents to 56 cents per share.
July 12, 2019Ryder Promotes Rich Mohr to Chief Technology Officer at Fleet Management Unit
Ryder Fleet Management Solutions, a unit of Ryder System Inc., appointed Rich Mohr chief technology officer.
June 4, 2019Biodiesel, Mudflaps Help Improve Emissions
Although large gains have been made in cleaning up new diesel engines, nearly two-thirds of all commercial trucks don’t meet the latest emissions standards. As of 2017, some 36% of all commercial trucks (Classes 3-8) in the United States rely on the newest generation of diesel engines — a 6% increase over 2016, according to the Diesel Technology Forum, which cited the latest data.
May 22, 2019Penske Joins Autonomous Vehicle Coalition PAVE
Penske Truck Leasing has joined Partners for Automated Vehicle Education, a coalition of industry leaders that seeks to educate and assure the public about automated vehicles, according to a news release from the two organizations.
May 14, 2019A. Duie Pyle Puts Two Electric Trucks on New York City Streets
Executives with less-than-truckload carrier A. Duie Pyle Inc. said the company is on the verge of operating two battery-electric Fuso eCanter Class 4 trucks in New York City as it steps up its involvement with electrified commercial vehicles.
May 8, 2019