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.
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.
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.
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.
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.
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.
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.
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.
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.
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.