Boeing Wins Big Freighter Jet Order as FedEx Bets On Continued Air Cargo Recovery
Reaping the benefit of a worldwide recovery in air cargo, even amid fears of a global trade war, Boeing on June 20 announced a big order from air package-delivery specialist FedEx Express.
June 20, 2018North Dakota State Truck Driving Championships
Photo coverage of winners and scenes from the 2018 North Dakota Truck Driving Championships June 2 in Fargo, N.D.
June 20, 2018FedEx Reports 4Q Profit That Beats Expectations
Buoyed by growth across its operating units, FedEx Corp. reported increases in revenue and profit for its fiscal fourth quarter and full-year 2018.
June 19, 2018DTNA Marks Heavy-Duty Engine Platform Milestone
Daimler Trucks North America is marking the production of its 1 millionth heavy-duty engine platform engine. It is a shared milestone between Detroit’s Redford, Mich.-based manufacturing facility and Daimler AG’s Mercedes-Benz plant in Mannheim, Germany.
June 19, 2018Entrepreneur Bill Busbice Acquires FastTrac Transportation
Entrepreneur Bill Busbice has purchased FastTrac Transportation, a 22-year-old trucking company headquartered in Houston whose services include vehicles ranging from pickup trucks to oversize heavy-haul tractors and specialized trailers. Terms of the deal were not disclosed.
June 19, 2018Federal Regulators Tout Autonomous Vehicles’ Potential Benefits
Commercial vehicles utilizing automated technology have the potential to increase highway safety and provide a boost to the economy, the country’s top trucking regulator said June 19.
June 19, 2018Opinion: Safety Programs Help Protect Fleets, Drivers
According to The National Safety Council, vehicle accidents are among the most costly of injury claims for businesses. The average cost of a loss related to a vehicle accident is nearly twice as much as the average workplace injury.
June 19, 2018VW Is Said to Mull Van Alliance With Ford to Share Costs
Volkswagen AG is considering forming an alliance with Ford Motor Co. to share costs for development and production of vans and pickup trucks, according to people familiar with the matter.
June 19, 2018Ryder Expands in Maryland With Completed Acquisition
Ryder System Inc. has completed the acquisition of all outstanding equity of Metro Truck & Tractor Leasing. Ryder now will operate Metro’s two Maryland facilities in Beltsville and Baltimore, which provide truck leasing, rental and maintenance services to more than 150 customers with a fleet of 900 units.
June 19, 2018Former Roadrunner Executives Indicted for Securities Fraud
Two former executives of carrier Roadrunner Transportation Systems were charged June 15 by the U.S. Department of Justice with multiple counts of conspiracy and wire and securities fraud in a scheme that the department claims led to a loss of $245 million in shareholder value.
June 19, 2018