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Paccar Leasing Company (PacLease) will begin offering a medium-duty leasing program called the PacLease Value Spec, the truck maker has announced.
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According to the Florida-based company this was the result of an “intangible asset impairment charge” of just over $2 million, with an with an after tax impact to net income of $1.265 million, relating to its November 2013 purchase of Pipeline Transportation.
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The Department of Transportation’s Office of Inspector General has announced it will audit the Federal Motor Carrier Safety Administration’s investigative practices for high-risk motor carriers.
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Cummins Westport has announced field-testing of a spark-ignited natural gas engine capable of producing near zero NOx emissions for use in refuse and transit applications.
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The number of available loads on the spot truckload market decreased 2.9% and capacity fell 1.8%, according to DAT Solutions, which operates the DAT network of load boards.
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Private sector, non-farm employment increased by less than 200,000 jobs in April for the second straight month, according to a new report released Wednesday.
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The economy is in a “particularly volatile state,” with some saying it is going up while others think it is going down, according to Noel Perry, founder of Transport Economics, speaking at the ALK Transportation Technology Summit.
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Total intermodal shipments in the U.S. and Canada rose 2% over last year’s first quarter volumes despite port congestion issues that impacted international container traffic, according to new figures from the Intermodal Association of North America.
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The truckload and logistics services provider, Transport Corp. of America Inc., announced this week Scott Arves will be stepping down as president on June 1.
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Fontaine Modification is recalling 3,571 Freightliner M2 trucks modified to have dual steering to fix brake lights that may not illuminate, according to federal records.
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