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, 2017Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
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, 2017Accuride 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, 2017Wabash 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, 2017Platinum 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, 2017ELDs 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, 2017Training 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, 2017Suppliers Continue to Find Opportunities Despite OEMs’ Vertical Integration Push
Truck makers are putting their respective names on more and more of the key components in the Class 8 trucks they build, expanding on their earlier move into manufacturing proprietary engines. They’re now adding axles, transmissions, collision mitigation systems and even fluids.
April 24, 2017$28.7 Million in Cargo Stolen in First Quarter, CargoNet Says
Since Jan. 1, there have been 358 reported supply chain risk incidents in the United States and Canada, according to data from CargoNet.
April 19, 2017