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SEARCHPerdo Ferro succeeds Daniel Randon, who is now CFO of the Randon Group.
Fras-le announces the appointment of Pedro Ferro as its new CEO. Mr. Ferro joins Fras-le effective June 2nd after a successful career at Meritor as Senior Vice President and President of Aftermarket & Trailers. He also held several executive positions over the years, including with The Marmon Group, Motor Coach Industries and Cummins Inc.
As part of the Randon Group of companies, Fras-le has over 60 years as a global leader in the development and manufacture of friction materials, brake pads, brake linings, clutch facings, industrial materials and others.
Mr. Ferro succeeds Daniel Randon, who is now CFO of the Randon Group.
“These organizational structure changes are part of Randon Companies strategic direction for constant and sustainable growth," says company president, David Randon.
Speaking at the TMC Annual Meeting in Nashville, ATA President Chris Spear said trucking faces mounting pressure from rising fuel prices, geopolitical instability, and uncertainty around trade policy.
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More than 100,000 new trucking companies enter the industry each year, but regulators manage to audit only a fraction of them. That churn creates opportunities for inexperienced startups — and for “chameleon carriers” that shut down after safety violations and reappear under new identities. Read more from Deborah Lockridge in this commentary.
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HDTX is an intimate event that connects heavy-duty trucking fleet managers with industry suppliers through small-group discussions, educational sessions, and structured one-on-one meetings.
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New DAT One feature shows top-paying loads directly on an iPhone’s home screen, helping carriers react faster to spot-market opportunities.
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Optimal Dynamics says its new Scale platform uses AI agents and optimization to help carriers find and secure freight that improves network balance and profitability.
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DAT Freight & Analytics data shows tightening flatbed capacity, easing produce markets, and softening van and reefer rates.
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NACFE's Run on Less - Messy Middle project demonstrates the power of data in helping to guide the future of alternative fuels and powertrains for heavy-duty trucks.
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A federal court ruling allows New York City’s congestion pricing program to continue, leaving truck tolls in place for fleets delivering into Manhattan.
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Fontaine Modification has introduced a new customer portal designed to give fleets real-time visibility into the truck modification process, addressing one of the most common questions fleet managers face: “Where’s my truck?”
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Strong freight rates, rising volumes and tighter capacity push trucking conditions higher, though diesel prices could temper gains in the near term, FTR cautions.
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