Execs See Consolidation in Finance Sector Following Recent Sell-Off by Biggest Player
A slowdown in demand for truck equipment is fueling competition among finance companies and commercial banks, which could lead to more consolidation in a sector that has seen a sell-off by the industry’s biggest player, company executives said.
New Tech Tools Can Help Fleets Monitor Driver Health, Fatigue
CINCINNATI — The push to monitor the performance of truck drivers may soon extend beyond cameras in the cab and electronic logs.
NPTC Honors Hall of Fame Drivers, Safest Fleets
CINCINNATI — The National Private Truck Council named four drivers to its Hall of Fame and presented awards to nine fleets with the lowest number of accidents per million miles traveled in the past year.
Manufacturers Say Fleet Testing Essential for Developing Improved Truck Tires
Many of tomorrow’s truck tires are actually on the road today. They are being tested by private fleets hauling food and picking up trash. They are being run on test tracks in South Carolina and Texas. They are being driven over snow-covered roads in northern Canada and on logging trails in Central America.
US Firms Eye Cuba Trade, Focus on Port of Mariel
The Cuban government is offering incentives to attract foreign investment in the Port of Mariel, with the goal of establishing the port as a major shipping point for goods moving throughout the Caribbean and to and from the United States.
TIA Delegation Travels to Cuba to Explore Resumption of Trade
While President Obama made headlines last week with a historic visit to Cuba, a delegation of U.S. transportation and logistics executives quietly met with Cuban government, academic and business representatives to lay the groundwork for restarting trade with the island nation once the U.S. embargo is lifted.
Google Wins Patent for Autonomous Package-Delivery System
Internet search firm Google has just received a patent for what it calls an “autonomous delivery platform,” in which a self-driving box truck is used to deliver packages kept in locked compartments and accessed by customers using a smartphone or some other secure electronic device.
OEMs Vie for Larger Share of Parts Market as Independent Distributors Add Services
The business of selling truck parts is changing as original equipment manufacturers and their dealers try to expand their share of the $30 billion market.
Heavy-Truck Repair, Maintenance Costs Have Soared, But Prices for Common Parts Could Decline in ’16
The cost to repair and maintain heavy-duty trucks has surged in recent years, rising more than 50% since 2008, based on a study by the American Transportation Research Institute.
Researchers Target Human Factors
WASHINGTON — As funding constraints limit construction of new roads and bridges, transportation researchers are devoting less time and money on studies of pavement design and more on human factors, such as driver fatigue, to reduce crashes and improve the performance of the nation’s highways.