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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.
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The week wrapped up with more fleets reporting their second-quarter earnings. Like many that have already advised, profits for three were lower, while the largest trucking company in the nation and another a few years ago that was on the brink of extinction showed improvements.
Read More →Pat Thomas, current American Trucking Associations chairman and senior vice president for state government affairs at UPS, has been named the 17th recipient of the J.R. “Bob” Halladay Award.
Read More →Despite all the talk of the “uberization” of trucking and tons of venture capital poured into startups that promise cheap same-day delivery, companies like FedEx and UPS aren’t likely going anywhere soon — but Amazon has been and will continue to be disruptive to the logistics business, according to Richard “Dick” Metzler, chief marketing officer of uShip.
Read More →UPS has 90,000 trucks, tractors and package cars around the world is known for its push to adopt alternative fuels and powertrains, which run “green miles.” But the greenest miles are the ones you never run, says the giant parcel carrier.
Read More →With a new twist engineered by giant United Parcel Service and the tiny Cincinnati-based Workhorse Group, once a Navistar property, the electric hybrid is looking better than it has in quite some time.
Read More →The American Transportation Research Institute has appointed UPS Freight President Rich McArdle to the board of the nonprofit research organization.
Read More →UPDATED -- Another day, another raft of earnings reports on Thursday from the nation’s publicly owned trucking companies. Continuing a trend this first quarter, the companies' numbers are as varied as the services they offer.
Read More →UPS has awarded a contract to TruStar Energy to build and maintain 12 new compressed natural gas (CNG) fueling stations for the delivery company, TruStar has announced.
Read More →UPS plans to invest $100 million in its alternative fuel and advanced technology fleet, adding 12 new compressed natural gas fueling stations and 380 CNG trucks.
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