Italy’s Fiat, through its wholly owned subsidiary, Fiat North America, has completed its previously announced acquisition of all of the United Auto Workers' employee medical benefit retirement trust interests in the Chrysler Group and is now a wholly-owned subsidiary of Fiat.
Nacarato Volvo of Nashville, Tenn., has been named Volvo Trucks’ 2013 North American Dealer of the Year. The annual award recognizes Nacarato Volvo’s organization and employees for overall accomplishment and performance.
Cadec Global has added two industry veterans to its senior management team: Eric Witty has joined as vice president, product management, and Brent Goldstein has joined as vice president, software engineering. Each has 20-plus years experience working in the wireless and fleet management industries.
A $130 million legal settlement has been reached for a class of more than 4,000 independent truckstops and other retail fueling merchants following an antitrust lawsuit filed in 2007 against fleet payment card issuer Comdata and three national truckstop chains.
After heading higher for three straight weeks, the average cost of diesel has fallen for the second consecutive week, according to the U.S. Energy Department.
The annual rate registered 923,400 single-family homes and apartments, an 18% increase above 2012 figure of 780,600.
Trucking and logistics parent company, Con-way Inc. has released guidance ahead of posting fourth quarter earnings, with the expectation they will be around what they were the same time a year ago, 21 cents per share.