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August 4, 2016 - Industry News

ZF Ups Bid to Buy Haldex

The board of directors of Haldex Aktiebolag, the Sweden-based brake system manufacturer, announced on August 4 it has unanimously decided to recommend that Haldex shareholders accept a 4.4-billion SEK ($516 million) cash bid by Germany-based ZF.

Tags: SAF-Holland, Haldex, ZF

August 4, 2016 - Press Release

Yokohama Tire Names Senior Director of Commercial Sales

Funkhouser

Yokohama Tire Corporation has promoted Dan Funkhouser to senior director of commercial sales. His responsibilities will include all business segments in the commercial division.

Tags: Yokohama, Automotive Executives, Promotions

August 4, 2016 - Product News

Mascot Truck Parts Launches Online Inventory Portal

Canadian wholesale remanufacturer of truck parts and components Mascot Truck Parts Canada has launched a secure customer portal, allowing customers to search inventory online.

Tags: Parts Inventory, Online Tool, Parts and Service

August 3, 2016 - Industry News

Mercedes-Benz Expands Sprinter Worker Lineup

Photo of Sprinter Worker courtesy of Mercedes-Benz.

Mercedes-Benz is expanding its Sprinter Worker lineup with additional chassis, engine, and body configurations geared toward the contracting, delivery and transportation service industries.

Tags: Cargo Vans, Mercedes-Benz, Mercedes-Benz Sprinter, Full-Size Vans

August 3, 2016 - Industry News

Earnings Watch: XPO Swings Into the Black, USA Reports Loss

Two trucking operations reported their second-quarter financials on Wednesday, with one reporting its first profit since purchasing LTL carrier Con-way last year, while the other reported a loss that was attributed to falling rates and freight volume.

Tags: Economy, USA Truck, Con-way Inc., XPO Logistics, Fleet Earnings

August 3, 2016 - Industry News

Daimler Trucks to Lay Off 115 Workers at Carolina Facility

Daimler Trucks North America plans to lay off an additional 115 workers at its Gastonia, N.C., components and logistics facility.

Tags: DTNA, Layoffs, Truck Orders, Daimler Trucks North America, Manufacturing

August 3, 2016 - Industry News

Natural Gas Fuel Approved to be Sold as DGE Standard

The National Conference on Weights and Measures (NCWM) has voted to approve the diesel gallon equivalent (DGE) standard as a legally authorized method of sale for natural gas that is sold as fuel for vehicles.

Tags: NGVAmerica, Taxation, Natural Gas Vehicles, CNG, LNG

August 3, 2016 - Industry News

High Cancellations Hurt July Class 8 Truck Orders

Photo: Tom Berg

It looks like July was another off month for Class 8 truck orders as industry analysts are predicting some of the lowest numbers since 2010.

Tags: Class 8, Medium-Duty Trucks, ACT Research, Truck Orders, FTR

August 3, 2016 - Industry News

FMCSA Warns of Hazards of E-Smoking and Trucks

Electronic nicotine-delivery system products Image: FDA

The Federal Motor Carrier Safety Administration has issued a safety advisory warning of the hazards of using battery-powered portable electronic smoking devices in and around commercial motor vehicles.

Tags: FMCSA, E-cigarettes, Vaping

August 3, 2016 - Product News

FR8 Revolution Launches Online Freight Management Platform

Screenshot via FR8.guru

Provider of cloud-based, data-driven tools for the transportation industry FR8 Revolution has launched FR8.guru, a new platform and marketplace with routing, scheduling and tracking features.

Tags: Freight, Capacity, Load Board, Asset Tracking, FR8 Revolution

August 3, 2016 - Industry News

Cargo Thefts Drop but Average Loss Rises

Highlighted areas show incidents of the most cargo thefts in the second quarter. Graphic: CargoNet

A new report reveals the number of reported cargo thefts in the U.S. fell during the second quarter of the year compared to the same period in 2015, but the average value of the heists increased, according to CargoNet.

Tags: Security, Crime & Fraud, Cargo Theft, CargoNet, Crime

August 3, 2016 - Industry News

TMW Names Lyle New Marketing VP

Caroline Lyle Photo courtesy of TMW Systems

Veteran marketing and business development executive Caroline Lyle has been appointed vice president of marketing for TMW Systems, the company announced.

Tags: Leadership, TMW Systems, People, Marketing

August 3, 2016 - Industry News

Spot Market Flatbed Rates Continue Rise; Vans, Reefers Fall Again

The number of available loads on the spot truckload freight market increased 3.5% during the week ending July 30, sending load-to-truck ratios higher at the close of July, but only flatbed rates are continuing to head higher.

Tags: Spot Freight, Freight Rates, DAT Solutions

August 2, 2016 - Industry News

Volvo and Mack Renew Decisiv Contract

Volvo Trucks North America and Mack Trucks have renewed their contracts with Decisiv, the provider of the ASIST tool that enables real-time communications between customers, dealers and service staff.

Tags: Mack Trucks, Decisiv, Connected Diagnostics, Uptime, Volvo Trucks North America

August 2, 2016 - Industry News

UPS Reaches Alternative Fuels Goal a Year Early

By the end of 2016, UPS will have invested more than $750 million in alternative fuel and advanced technology vehicles and fueling stations globally since 2009, including propane autogas vehicles. (Photo courtesy of UPS)

UPS has achieved its goal of driving 1 billion miles with its alternative fuel and advanced technology fleet one year earlier than planned, the global delivery company announced.

Tags: UPS, Alternative Fuels, Fleet Sustainability, Delivery Fleets

August 2, 2016 - Industry News

England Logistics Opens Atlanta Offices

The freight brokerage firm England Logistics has opened a new office in Atlanta, Ga., to accommodate the company’s growth in the region.

Tags: New Facility, Atlanta, C.R. England, Logistics

August 2, 2016 - Industry News

Verizon-Fleetmatics Deal Makes Telematics Giant

Logos via Verizon and Fleetmatics.

Verizon will control about 25% of the telematics market following its planned acquisitions of Fleetmatics and Telogis in moves that indicate steady growth ahead for fleet telematics use, a market expert said.

Tags: Verizon, Fleetmatics, Mergers & Acquisitions

August 2, 2016 - Industry News

Hybrid-Electric Class 8 Truck Scores Zero Emissions in Testing

The Nikola One concept truck Image: Nikola Motors

Nikola Motor Company’s advanced research and development team says it has achieved 100% zero emissions on the company’s hybrid-electric Class 8 truck, the Nikola One.

Tags: Turbine Truck Engines, Electric Vehicles, Zero-Emission Vehicles, Hybrid Trucks, Nikola Tesla

August 2, 2016 - Industry News

Brake Parts Inc. Taps Cameron for National Sales Post

Jack Cameron Photo via Brake Parts Inc

Aftermarket industry veteran Jack Cameron has joined Brake Parts Inc. as national sales manager of commercial vehicles, BPI announced.

Tags: Leadership, Aftermarket Parts, People, Brake Parts

August 2, 2016 - Industry News

ZF Takes Stake in Autonomous Tech Firm

Per ZF, its Innovation Truck prototype was developed to “identify product ideas through technology transfer” from passenger cars to commercial vehicles. Photo: ZF

ZF has announced it has acquired a 40% minority stake in Ibeo Automotive Systems GmbH. The Hamburg-based company is a market leader in lidar (light detection and ranging) technology.

Tags: ZF, Automated Driving, Autonomous Vehicles, Lidar, Global

August 1, 2016 - Industry News

Element Boosts Truck Team

Hewitt

Element Financial Corp. has bolstered its fleet truck sales efforts with eight new hires and promotions that include elevating Brad Hewitt to vice president of national accounts, the company announced.

Tags: New Hire, Promotions, Element Financial, Element Fleet Management

August 1, 2016 - Industry News

Average Diesel Prices Fall to $2.35 Per Gallon

Diesel fuel prices are continuing to fall, dropping around 8 cents from their peak of $2.43 per gallon in early June, according to the latest numbers from the Energy Department.

Tags: Gas Prices, Diesel Prices, Crude Oil Prices

August 1, 2016 - Industry News

Lifecycle Index Shows Boost from Buying Latest Trucks

Fleet Advantage’s quarterly Truck Lifecycle Data Index shows that in the second quarter of 2016, replacing 2011 model-year trucks with 2017 models will save fleets around $18,861 in the first 12 months of operation.

Tags: Fuel Savings, Fleet Advantage, Fleet Costs, New Vehicles

August 1, 2016 - Industry News

Verizon to Acquire Fleetmatics

Logos courtesy of Fleetmatics and Verizon.

Verizon Communications will acquire leading telematics provider Fleetmatics Group for $2.4 billion in a cash deal that will create a powerhouse telematics provider.

Tags: Verizon, Fleetmatics, Mergers & Acquisitions

August 1, 2016 - Industry News

Economic Watch: Manufacturing Continues Rebound, Construction Declines

After hitting a post-Great Recession low, economic activity in the nation’s manufacturing sector continues to grow, but how strong that growth is depends on which report you read.

Tags: Economy, Manufacturing, Construction Spending

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