Ron Tepper has completed a buyback of shares in Consolidated Fastfrate Inc. from Fenway Partners, a New York-based investment firm that purchased a 75% stake in the company in 2007.
October 13, 2017Search
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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.
DCLI Expands Premium Chassis Fleet to Near Canadian National's Chicago Intermodal Rail Yard
Direct ChassisLink Inc. has introduced its premium pool into the Chicago market, expanding the equipment footprint beyond Southern California.
October 13, 2017Red Hook Terminal Orders Trac Intermodal to Remove Chassis
Red Hook Container Terminal in Newark, N.J., is the latest to kick chassis off its property to free up space to store containers due to the growth of larger vessels traveling through the Panama Canal.
October 13, 2017Hybrid Truck Startup XL Gets $22 Million From Exelon, Ikea
XL Hybrids Inc. won $22 million in venture capital funding led by units of Exelon Corp. and Ikea Group to accelerate sales of its hybrid-electric delivery trucks.
October 12, 2017Cargo Volumes Surge at Southern California Ports; Virginia Sees 8.2% Gain
Container traffic continues to flourish in the peak shipping season, easily outpacing last year’s totals in September.
October 12, 2017FHWA Seeks Comment on Definition of Automobile Transporter
The Federal Highway Administration is considering revising its definition of automobile transporters to allow more flexibility in the type of trailers used to haul vehicles.
October 12, 2017Truckload Earnings Expected to Be Mixed for Third Quarter, but Brighter Times Are Ahead, Insiders Say
Wall Street analysts expect truckload carriers to report mixed third-quarter earnings, despite a boost in business related to hurricanes Harvey and Irma.
October 12, 2017Trucking Leaders, Administration Chiefs to Address Key Industry Issues at MCE
Transportation Secretary Elaine Chao and Labor Secretary Alexander Acosta are among the speakers who will address key industry issues at American Trucking Associations’ Management Conference & Exhibition on Oct. 21-25 in Orlando, Fla.
October 12, 2017Coming Soon to California: Cars Without a Human Behind the Wheel
California took another step Oct. 11 toward permitting testing of self-driving vehicles without a human driver, continuing a shift away from previous policies that companies criticized as being overly restrictive.
October 11, 2017Platooning: Coming Soon to a Truck Near You
Truck platooning — also known by the more precise but less compelling term “cooperative adaptive cruise control” — will soon become available to trucking fleets interested in testing the latest in fuel-saving technology.
October 11, 2017