Meritor’s Earnings, Sales Decline
Commercial vehicle supplier Meritor Inc. reported weaker results for its fiscal second quarter.
May 9, 2016Deutsche Post Stands by Growth Targets as Amazon Threat Looms
Deutsche Post AG stood by profit targets through the end of the decade, dismissing the threat posed by customer Amazon.com's expansion into parcel deliveries.
May 9, 2016Wabco Expands Cummins Joint Venture
Wabco Holdings Inc. has expanded its joint venture with Cummins Inc. through a long-term contract to manufacture and supply high-performance air-compressor technology globally.
May 9, 2016Diesel Climbs to 2016 High
The U.S. average diesel price rose for the 10th time in 11 weeks, this time by 6.8 cents a gallon to $2.266 — the highest price since just before Christmas, the Department of Energy reported May 2.
May 9, 2016Opinion: How to Safely Use Debt to Grow Your Business
Expectations this year are for the U.S. economy to grow moderately, fuel prices to stay at historic lows and truck capacity to remain tight for a healthy rate environment. However, growing faster than the competition will require more than opportunities.
May 9, 2016Editorial: The Diesel Merry-Go-Round
The national average retail price for diesel has increased by 14.4% over the most recent 11 weeks. Such a sentence would normally give fleet managers the creeps, invoking the specter of a dreaded fuel spiral.
May 9, 2016Delaware Bridge Repair Plan Underscores US Road Needs
The transportation industry and policymakers see eye to eye on the need to boost funding for infrastructure, but often they disagree on the source of such funding. Starting May 16, transportation officials and experts will participate in panels and workshops to draw attention to the issue during Infrastructure Week.
May 9, 2016New Tech Tools Can Help Fleets Monitor Driver Health, Fatigue
CINCINNATI — The push to monitor the performance of truck drivers may soon extend beyond cameras in the cab and electronic logs.
May 9, 2016Stronger Emissions Rules to Restrict Fleets From Repurposing Trucks, Experts Predict
LONG BEACH, Calif. — Vertical integration among truck makers will extend into emissions- and fuel-saving technologies in the future and ultimately could limit the number of available innovations, industry executives said.
May 9, 2016XPO, Estes Agree to Pay $13 Million to Settle DOD Overcharge Claims
XPO Logistics Inc. and Estes Express Lines have agreed to pay a total of $13 million to settle overcharge claims in connection with the Defense Transportation Coordination Initiative program, a federal contract that was meant to lower military logistics costs.
May 9, 2016