Lytx to Be Sold to Private Equity Firm GTCR for $500 Million
Lytx Inc., the largest supplier of video-based safety systems for the trucking industry, has agreed to be acquired by private equity firm GTCR for more than $500 million.
February 18, 2016Package Delivery Companies Could Face New Challenge From Uber
Europe's postal companies, already under pressure from Amazon.com Inc., soon could face a challenge from Uber, which is moving into deliveries, and other startups.
February 16, 2016Editorial: Section 611 Makes Good Sense
The House Transportation and Infrastructure Committee is debating aviation policy in the form of the Aviation Innovation, Reform and Reauthorization Act, or AIRR Act, and a sliver of the 273-page bill concerns trucking.
February 15, 20164Q, Full-Year 2015 Earnings Show Shift in Global Marketplace Trends for OEMs
Heavy-duty truck and engine makers reported earnings for the fourth quarter and the year that show the North American market starting to ease, Europe on the rise and the rest of the world showing difficulties.
February 15, 2016Google's Self-Driving Car Software Considered a Driver by NHTSA
Google Inc.’s artificial-intelligence system will be interpreted as a driver by federal regulators, a step toward compliance that would help the tech giant’s self-driving cars hit U.S. roads.
February 10, 2016Omnitracs Introduces Next-Gen Telematics Platform
DALLAS — Omnitracs has unveiled its next-generation telematics platform, which introduces voice recognition software to the company’s technology offerings while expanding wireless connectivity within the truck.
February 2, 2016Pennsylvania Senate Bill Proposes Fines if Trucks Don't Clear Off Snow
The Pennsylvania state Senate held a hearing Jan. 27 focused on a bill requiring truckers to "make all reasonable efforts" to remove snow and ice from their rigs before driving, but truck association officials fear the wording may be too subjective.
January 29, 2016TT to Co-Host Driver Recruiting, Retention Conference
One of trucking’s most pressing issues will take center stage Feb. 10-12 in Nashville, Tennessee, as industry executives and experts gather for the 13th annual Recruitment and Retention Conference, which will be hosted by Conversion Interactive Agency and Transport Topics.
January 28, 2016Heavy-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.
January 25, 2016J.B. Hunt Earnings Rise; Rail Results Decline
Fourth-quarter trucking earnings reports kicked off with J.B. Hunt Transport Services Inc. posting 5.8% higher earnings of $116.7 million, or $1.01 per share, led by improved profits in its dedicated, over-the-road and brokerage businesses.
January 21, 2016