International Extends Commercial Truck Lineup With Classes 4-5 CV Series
CHICAGO — International Truck, a unit of Navistar Inc., launched its International CV Series Nov. 7 by underscoring it is “the only” Classes 4-5 truck designed, distributed and supported by a manufacturer specializing in commercial vehicles.
November 7, 2018House Democrats Seek Deals With Trump on Infrastructure, Drugs
House Democrats will use their new majority to seek deals with President Donald Trump on infrastructure spending and prescription drug costs, but won’t back down on their oversight responsibilities, said party leader Nancy Pelosi, in line to regain the speaker’s gavel.
November 7, 2018Roadrunner Reports Third-Quarter Loss as Turnaround Effort Continues
Roadrunner Transportation Systems released financial results for the third quarter that included a net loss of $41.6 million as the Downers Grove, Ill.-based company continues to battle back from an accounting scandal and the departure of several key executives, some of whom are now facing federal charges of securities fraud for misrepresenting the company’s finances to investors over several years.
November 7, 2018Titanium Transportation Revenue Increases 42% in Third Quarter
Dry van, flatbed and specialty equipment company Titanium Transportation Group Inc. reported revenue of C$44.8 million in the third quarter of 2018, compared with $31.5 million in the same period last year, representing a 42% year-over-year increase.
November 7, 2018Ryder Opens Maintenance Facility in Illinois
Ryder System Inc., which specializes in commercial fleet management, dedicated transportation and supply chain solutions, has announced the opening of a full-service facility in St. Charles, Ill.
November 7, 2018Heil Trailer, Polar Tank Trailer Partner With Tankmax
Heil Trailer International and Polar Tank Trailer have announced a partnership with Tankmax Inc., a tank trailer dealer headquartered in Pasco, Wash. The move is designed to help the two brands expand a presence in the northwest region.
November 7, 2018Colorado Drillers Rise as Voters Reject Limits on Oil Production
Anadarko Petroleum Corp., Noble Energy Inc. and other companies exploring for oil and natural gas in Colorado jumped in pre-market trading Nov. 7 after voters rejected a plan that sought to limit their ability to drill in the state.
November 7, 2018Opinion: Including Auctions in the Asset Management Plan
Owners of fleets or dealers with large inventories of tractors and trailers must have a disciplined approach to turning those assets into cash at the end of their depreciation schedule or inventory life. These assets represent some of the largest investments these parties make, and the equipment depreciates every day. The goal is to maximize return on investment and divest when the time is right.
November 7, 2018Daseke’s Acquisition Strategy Key as 3Q Revenue Hits Record $461.6 Million
Flatbed and specialized carrier Daseke Inc. reported Nov. 6 that third-quarter revenue increased 99% to $461.6 million, compared with $231.3 million in the same period last year.
November 6, 2018Outfitted Kenworth W990 to Set Off With Capitol Christmas Tree
A new Kenworth W990 has the honor of hauling the 54th U.S. Capitol Christmas Tree. The approximately 3,000-mile journey to Washington will start Nov. 9.
November 6, 2018