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Long time automotive aftermarket and heavy-duty industry executive, John. F. Lorimer retired on April 1, after 44 years in the industry.
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The trucking operation Hub Group has reported a 22% drop in first quarter income compared to the same time last year while revenue increased 10%.
Read More →The Hendrickson Vehicle Suspension Institute scheduled its next session of hands-on technical suspension training for the heavy-duty transportation industry.
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Container shipping company Hapag-Lloyd AG and Compañía Sud Americana de Vapores, also known as CSAV, have signed a binding contract on merging CSAV’s entire container business with Hapag-Lloyd.
Read More →The private equity firm Warburg Pincus had reached an agreement to acquire the fuel card and fleets payment services provider Electronic Funds Source.
Read More →The improved economic environment in developing and developed economies is restoring business confidence and pushing up the global sales volumes of medium-heavy duty trucks, according to a new report.
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The Missouri Department of Transportation has launched the next phase of the Missouri Freight Plan to engage business and local leaders, along with freight and industry stakeholders, in a discussion regarding funding of Missouri's freight infrastructure.
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Truckload linehaul rates spiked in March, with the Cass Truckload Linehaul Index surpassing the 120 mark, showing a 6% year-over-year increase.
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An operations manager for California household good mover has been sentenced to 18 months in prison for participating in a “low ball estimate” scheme, as part of a more than 10-year federal investigation.
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Anthony Foxx is on the road this week emphasizing the importance of infrastructure funding, with the Obama Administration concerned about the ability to pass a new long-term highway funding authorization before two key deadlines.
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