Spireon Displays Solar-Powered Fleet Location Device for Trailers
Trailer-management technology provider Spireon Inc. has a new device out that uses solar power captured by a small panel to transmit data.
March 14, 2017ConMet, Protean Electric to Develop Hybrid Wheel End
Consolidated Metco Inc. announced it is partnering with Protean Electric to develop an electric in-wheel drive system to provide hybrid-electric solutions for the medium- and heavy-duty commercial vehicle markets.
March 14, 2017Shipping Stocks That Soared After the Election Have Now Tanked
Shortly after Donald Trump was elected president Nov. 8, the stock prices of a slew of shipping companies soared by more than 1000% on hopes that commodity prices would rise and U.S. manufacturing would rebound, spurring a surge in shipments of everything from iron ore to computer parts.
March 14, 2017Producer Prices Climbed in February More Than Forecast
U.S. producer prices rose in February more than forecast, while costs increased from a year earlier by the most since March 2012, signaling inflation is picking up, a Labor Department report showed March 14 in Washington.
March 14, 2017Interstate Acquires American Red Ball World Wide Movers
Interstate Group Holdings, the Springfield, Virginia-based parent of Interstate Van Lines, has acquired Indianapolis-based American Red Ball World Wide Movers, one of the oldest movers of household goods in the United States.
March 14, 2017Federal Maritime Commission Appoints Karen Gregory Regulatory Reform Officer
Karen Gregory, managing director of the Federal Maritime Commission, has been appointed the agency’s regulatory reform officer, acting Chairman Michael Khouri announced March 13.
March 13, 2017Twin 33-Foot Trailers Would Boost Safety, Efficiency, New Analysis Concludes
A new analysis by traffic safety researcher Ronald Knipling has concluded that widespread adoption of twin 33-foot trailers would boost safety and efficiency for U.S. drivers, consumers and businesses.
March 13, 2017Oil Drops, Diesel Average Slips to $2.564
The U.S. average retail price of diesel slipped 1.5 cents to $2.564 a gallon and crude oil prices dropped below $49 a barrel as efforts to reduce global production bumped against increased domestic shale production, experts said.
March 13, 2017Container Volume at Port of Virginia Falls by Fraction in February
Container volume last month at the Port of Virginia essentially was flat from February a year ago.
March 13, 2017Oil Executives Are Confident That the Future Is Bright
Oil prices are down nearly 10% over the past month, leading some to wonder if we're set for a resumption of the plunge seen between 2014 and early 2016. Executives at oil companies, however, are optimistic.
March 13, 2017