Business

Volvo Group Reorganizes Global Truck Units

Approximately 100 days into his tenure as CEO of Volvo Group, Martin Lundstedt announced changes for the Sweden-based manufacturer that emphasize brand names over market geography.

Jonathan S. Reiskin | Associate News Editor
February 1, 2016
Business, Equipment

Cummins to Skip Mid-America This Year; Organizers Tout Nearly 1,000 Exhibitors

Engine maker Cummins Inc., a charter exhibitor at the Mid-America Trucking Show since it started in 1972, said it, too, would skip this year’s show, now two months away, even as MATS organizers maintain it still will be very large but also very different from last year’s record-setting event.

Jonathan S. Reiskin | Associate News Editor
February 1, 2016
Business

Volvo Group's Lundstedt Reorganizes Company

Approximately 100 days into his tenure as CEO of Volvo Group, Martin Lundstedt announced changes in the Sweden-based manufacturer that emphasize brand names over market geography.

Jonathan S. Reiskin | Associate News Editor
January 27, 2016
Business

Cummins Withdraws From 2016 MATS

Independent engine maker Cummins Inc. said Jan. 21 it will not participate in this year’s Mid-America Trucking Show.

Jonathan S. Reiskin | Associate News Editor
January 25, 2016
Business, Safety, Government, Logistics

George Washington’s Battle Experience Led to First National Road for Freight

FORT NECESSITY, Pa. — Dwight Eisenhower is often cited for the major role he played in making surface transportation an important federal responsibility, but the idea didn’t start with Ike. It goes back to the first popular general-turned-president — George Washington.

Jonathan S. Reiskin | Associate News Editor
January 4, 2016
Business

Love's Travel Stops Surpasses 300 Locations; Founder Has Ambitious Expansion Plans

Love’s Travel Stops topped the 300 locations mark in December with facilities in Kentucky and Oklahoma, and the company’s chairman and founder is working on plans to capitalize on his bullish outlook — for the rest of the 21st century.

Jonathan S. Reiskin | Associate News Editor
January 4, 2016
Business

Trucking Ready for Increases as Interest Rate Hikes Begin

The Federal Reserve raised interest rates Dec. 16, announcing a quarter-point increase from the record lows set during the financial crisis of the 2008-2009 recession.

Jonathan S. Reiskin | Associate News Editor
December 21, 2015
Government

Fed Hikes Interest Rates

The Federal Reserve System announced Dec. 16 a quarter-point increase in its benchmark target for interest rates, acting because “the risks to the outlook for both economic activity and the labor market" are balanced.

Jonathan S. Reiskin | Associate News Editor
December 16, 2015
Business

Two Flatbed Haulers Choose Ky. Truck Stop As ‘Prime Location’ to House Terminals

Two small flatbed carriers are using the same Pendleton, Kentucky, truck stop as the location for their respective terminals. Drivers like being there, so why not put terminals there, too, the management teams have reasoned.

Jonathan S. Reiskin | Associate News Editor
December 14, 2015
Government

IFTA Approves Changes to Auditing Procedures

Members of IFTA Inc. approved major changes to some of the fuel tax organization’s documents in a bid to provide truck fleets and government auditors greater clarity on standards as well as increase similarities with truck and trailer registration and allow for easier use of in-cab technology.

Jonathan S. Reiskin | Associate News Editor
December 7, 2015