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Newsby StaffJanuary 25, 2021

UPS Selling Less-Than-Truckload Business

UPS is selling its UPS Freight less-than-truckload division to TFI International Inc. for $800 million.

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Newsby StaffJanuary 14, 2021

Clarience Technologies Acquires Ecco Safety Group

Clarience Technologies has acquired Ecco Safety Group, a manufacturer of audible warning equipment and emergency lighting for commercial and emergency vehicles.

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Newsby StaffDecember 23, 2020

Autonomous Truck Developer Ike Acquired by Nuro

Nuro, an autonomous technology company that specializes in small-item, urban deliveries, has acquired autonomous truck development company Ike.

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Newsby StaffDecember 9, 2020

Buyer of Uber's Self-Driving Business Targets Autonomous Trucks

Autonomous technology developer Aurora, which just bought Uber's self-driving vehicle business, says its first market-ready product will be an autonomous truck.

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Newsby StaffDecember 3, 2020

XPO Spinning Off Logistics Business

XPO Logistics plans to pursue a spin-off of 100% of its global logistics segment as a separate publicly traded company.

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Newsby StaffNovember 30, 2020

J.B. Hunt Bolsters Final Mile with Another Acquisition

J.B. Hunt is further expanding its final-mile business with the purchase of Mass Movement, which specializes in logistics and delivery for the commercial fitness industry.

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Newsby StaffNovember 9, 2020

Traton, Navistar Enter Purchasing Agreement

Traton and Navistar have officially entered into a definitive merger agreement after announcing that the companies had reached an agreement for Traton to buy out the remaining shares in Navistar on October 16.

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Newsby StaffOctober 16, 2020

Hendrickson Looks to Future Following Motor Wheel Acquisition

After its recent acquisition of the Motor Wheel brake drum and Crewson slack adjuster business segments from Stemco, Hendrickson said it’s going to invest more capital and technology in the product lines.

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Newsby StaffOctober 16, 2020

Navistar, Traton Make a Deal

Navistar and Traton have agreed in principle to a deal for the acquisition of Navistar International Corp. by Volkswagen’s truck and bus unit for $3.69 billion.

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Newsby StaffOctober 14, 2020

Traton to Navistar: That's Our Final Offer

Traton warned that its Sept. 10 buyout offer for Navistar, its “best and final offer,” expires at the end of the week.

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