Business, Equipment

Low-Rolling-Resistance Tires Save Fuel

Tires designed with low rolling resistance are a worthwhile investment because they save a significant amount of fuel and cost about the same as tires that are not designed for low rolling resistance, according to a new study.

Daniel P. Bearth | Staff Writer
August 24, 2015
Business

Affinia Group to Merge with Mann+Hummel

Affinia Group, a leading manufacturer of Wix and Filtron brand filters for vehicles and machinery, has agreed to merge with Germany’s Mann+Hummel, a company that also makes filters for automotive and industrial customers.

Daniel P. Bearth | Staff Writer
August 17, 2015
Business, Equipment

Study Shows Low-Rolling-Resistance Tires Aid Fuel Efficiency, Reduce Cost

A new study finds that tires designed with low rolling resistance are a worthwhile investment because they save a significant amount of fuel and cost about the same as tires that are not designed for low rolling resistance.

Daniel P. Bearth | Staff Writer
August 17, 2015
Business, Government, Safety

Top 100 Carriers Get More Selective With Freight as Capacity Remains Tight

The nation’s largest for-hire carriers are becoming more selective about the freight they haul, taking steps to minimize delays and focusing on better utilization of equipment and personnel as strong demand and a shortage of drivers continue to strain capacity.

Daniel P. Bearth | Staff Writer
July 13, 2015
Business

Element Strikes $6.9 Billion Deal for GE’s Fleet Management Unit

Element Financial Corp. is set to become the largest operator of commercial vehicles in North America after striking a deal to acquire all of GE Capital’s fleet management business in the United States and Mexico for $6.9 billion.

Daniel P. Bearth | Staff Writer
July 6, 2015
Business

Logistics Costs Rise to $1.45 Trillion in 2014, Highest Level Since Before the Recession

WASHINGTON — The cost of moving and storing goods in the United States rose 3.1% in 2014 from a year earlier to $1.45 trillion, the highest level since before the recession, according to the State of Logistics report presented by the Council of Supply Chain Management Professionals on June 23.

Daniel P. Bearth | Staff Writer
June 29, 2015
Business, Government

NPTC Inducts Four Drivers Into Hall of Fame

CINCINNATI — The National Private Truck Council honored four drivers for a lifetime of safely delivering goods on the nation’s highways at the Annual Education Management Conference and Exhibition here April 27.

Daniel P. Bearth | Staff Writer
April 28, 2015
Business, Logistics

TT's Top 50 Logistics Companies: A Sneak Peek at 2015 Rankings

An influx of new investment and surge in mergers and acquisitions are driving consolidation among logistics service providers and reshaping the industry’s landscape.

Daniel P. Bearth | Staff Writer
April 8, 2015
Business

New Company Offers Trucking Firms Pre-Paid MasterCard to Manage Expenses

A new company, Bento for Business, is offering a pre-paid commercial MasterCard to help trucking firms and small-fleet operators manage expenses.

Daniel P. Bearth | Staff Writer
March 25, 2015
Business, Logistics

Neptune Orient Lines to Sell APL Logistics for $1.2 Billion

Singapore-based Neptune Orient Lines has agreed to sell its APL Logistics business unit to Japanese shipping firm Kintetsu World Express for $1.2 billion.

Daniel P. Bearth | Staff Writer
February 18, 2015