Exactly two months after Westinghouse Air Brake Technologies purchased GE Transportation, Wabtec on April 25 announced that CEO Ray Betler will retire and that Rafael Santana, previously the CEO of GE Transportation, will step into that role as of July 1.
April 25, 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.
Volvo Rides Higher Truck Revenue to First-Quarter Gains
AB Volvo reported first-quarter net income and revenue rose as it brought in more money from truck sales in all markets.
April 24, 2019Kenworth Chillicothe Plant Initiates $140 Million Expansion
CHILLICOTHE, Ohio — Kenworth Truck Co. on April 24 broke ground to officially start construction on a $140 million, 120,000-square-foot paint facility addition to its Class 8 truck assembly plant.
April 24, 2019BASF, Trimac Invest in New Bulk Freight-Matching Platform Bulky
The world’s largest chemical shipper and one of the largest bulk carriers in North America are investing $1 million in what they say is the first digital freight-matching network for shipping liquid bulk commodities by truck.
April 24, 2019Allison Reports Increased Net Income, Revenue in First Quarter
Allison Transmission Holdings Inc. reported higher first-quarter net profit and revenue amid strength in the North American On-Highway market.
April 24, 2019ATRI Calls for Operational Cost Data From Fleets
The American Transportation Research Institute is looking for for-hire motor carriers to participate in the annual update to its Operational Costs of Trucking report.
April 24, 2019Trucking Firms Large and Small Urged to Think Electric
LONG BEACH, Calif. — Regional trucking firms should take a good long look at electric trucks, experts in the industry said.
April 24, 2019Kenworth, Toyota Join Forces to Reduce Emissions at California Ports
LOS ANGELES — Kenworth Trucks joined forces with several allies April 22 in the battle against greenhouse gases, unveiling three of 10 Class 8 trucks that will run using hydrogen fuel cells developed by Toyota.
April 23, 2019Truck-Lite Acquires Lumitec
Truck-Lite, based in Falconer, N.Y., acquired Lumitec, a supplier of lighting for the marine industry, according to an April 17 press release.
April 22, 2019Transtex Buys TopKit, LeadEdge From SmartTruck
Transtex, a manufacturer of aerodynamic products and fleet-safety technology for commercial vehicles, has acquired TopKit and LeadEdge Top Fairing assets from SmartTruck, a precision aerodynamics company based in Greenville, S.C.
April 22, 2019