Westport, Fuel Systems Announce Merger
Westport Innovations Inc. and Fuel Systems Solutions Inc., suppliers of technology for natural gas-powered trucks, agreed on a merger valued at $351 million to capitalize on opportunities when alternative fuel markets improve.
September 1, 2015Element Completes Purchase of US Operations of GE Capital Fleet Services
Element Financial Corp. announced that it has completed the purchase of GE Capital’s fleet-management business in the United States and expects to close the purchase of similar operations in Mexico, Australia and New Zealand on Sept. 30.
September 1, 2015Daimler Reverses Brazil Truck Job Cuts by Reducing Hours Instead
Daimler AG reversed course on the 1,500 job cuts announced last week at its Brazilian truck-making division, saying it will scale back hours by 20% instead as demand shows no sign of improving.
September 1, 2015American Factories Expand at Slowest Pace in More Than Two Years
Manufacturing in the United States expanded in August at the slowest pace since May 2013 as anemic demand from emerging markets such as China translated into leaner factory order books.
September 1, 2015National Diesel Average Drops to Lowest Level Since July 2009
The average price of diesel fuel in the United States declined 4.7 cents a gallon to $2.514, the lowest level since July 2009, the Department of Energy reported Aug. 31.
August 31, 2015Navistar Plans to Launch Over-the-Air Engine Reprogramming
Navistar Inc. announced plans to begin offering over-the-air reprogramming of engine control modules for International brand trucks powered by its proprietary N Series engines.
August 31, 2015PeopleNet Developing New Private-Fleet Platform After Cadec Acquisition
PHOENIX — PeopleNet is developing a new platform tailored to private and food-service fleets, combining its latest technology with the sector-specific expertise it gained through its acquisition of Cadec Global Inc. in May.
August 31, 2015Allison Cites Fuel Savings Using TC10 Transmission
INDIANAPOLIS — Allison Transmission, which makes the only fully automatic transmission for heavy-duty trucks in the United States, said that fleets using its TC10 automatic gearbox report a 5% improvement in fuel economy over manual transmissions or automated manuals.
August 31, 2015MiX Telematics Launches Driver-Engagement App
Trucking technology supplier MiX Telematics has launched a new application designed to engage drivers by letting them track their performance via the Web or a mobile device.
August 31, 2015Trucking Hopes to Stop Sex Trafficking With ‘Freedom’ Exhibit at Travel Plazas
A traveling exhibit that raises awareness among trucking companies about domestic sex trafficking at truck stops and travel plazas is attracting a growing amount of attention in the industry.
August 31, 2015