PS Logistics Buys Buddy Moore Trucking
PS Logistics has acquired Buddy Moore Trucking, which is also based in Birmingham, Ala.
Battery Plant Location Decision Nears for Paccar, Partners
LAS VEGAS — Paccar, Daimler and Cummins are nearing a decision on the location of a factory to produce lithium-iron phosphate batteries.
Kenco Buys The Shippers Group
Chattanooga, Tenn.-based third-party logistics group Kenco is to buy The Shippers Group, a Dallas-based third-party warehousing company, it said.
Prime Launches Hopper Division, Starting With 25 Trailers
Prime Inc. is launching a hopper business, as Transport Topics' 19th-ranked for-hire carrier expands its bulk transportation operations.
Range Eyes May Debut of Its Next Electric Trailers
LAS VEGAS — Range Energy is set to introduce the next iteration of its electrified dry van trailers in May, CEO Ali Javidan said Jan. 9.
Less Volatility in Diesel Prices Expected in 2024
Motor carriers can expect lower prices and less volatility at diesel pumps in 2024, according to experts.
November Used Class 8 Sales Rise 2% Year-Over-Year
Used Class 8 truck sales rose just shy of 2% year-over-year in November to 20,500 units from 20,100 vehicles, ACT Research reported.
Diesel Prices Eased in 2023 in Lone Bright Spot for Costs
Nationwide on-highway retail diesel prices ended 2023 some 14.5% below where they began the year.
Cummins to Pay $2 Billion Fine After Emissions Probe
Cummins agreed to pay a $2 billion penalty as part of a Department of Justice investigation that determined devices that bypassed emissions sensors had been installed on Cummins engines.
Trailer Orders Fall for First Time in Five Months in November
U.S. trailer orders fell year-over-year for the first time in five months in November and plunged more than 40% month-over-month, according to preliminary data released by ACT Research.