Fiat Chrysler Recalls Some Ram Pickups to Defend Against Hacks
Fiat Chrysler Automobiles NV is recalling about 1.4 million cars and trucks, including some 2015 Ram pickups, equipped with radios that are vulnerable to hacking.
July 24, 2015Transplace Opens Supply Chain Consulting Unit
Brokerage specialist Transplace announced that it has created a supply chain consulting practice to broaden service offerings to customers.
July 24, 2015Sales of New Homes Tumble to Seven-Month Low
Purchases of new U.S. homes unexpectedly retreated in June and prior readings were revised down, painting a picture of less robust improvement during the industry’s busiest time of year.
July 24, 2015Descartes Makes Two Acquisitions for $87.5 Million
Descartes Systems Group, a Canadian logistics services provider, is acquiring BearWare Inc. and MK Data Services for a total of $87.5 million.
July 24, 2015Stoneridge, Orlaco Create Alliance for Mirror Systems
Trucking supplier Stoneridge and Orlaco BV, a maker of vehicle camera systems, announced an alliance to develop, make and sell electronic mirror replacement systems for commercial and off-road vehicles.
July 24, 2015Sen. Roger Wicker Pushes Twin 33 Amendment as Republican Leaders Tout Long-Term Bill
Sen. Roger Wicker (R-Miss.) on July 23 called on Senate colleagues to support his proposal to attach to a six-year highway bill a requirement calling for a comprehensive review of twin 33-foot trailers before they are authorized for use nationwide.
July 23, 2015Landstar, Ryder, TransForce Earnings Rise; Universal Falls 3%
Truckload carrier Landstar System Inc., leasing specialist Ryder System Inc. and diversified North American carrier TransForce Inc. reported higher second-quarter earnings, but net income fell 3% at Universal Truckload Services Inc.
July 23, 2015Self-Driving Trucks Worry Canadian Oil Field Drivers as Market Slumps
Truck driver Craig Huzulak is unemployed after losing his job four times since December — the new normal in a Canadian oil patch still reeling from a downturn.
July 23, 2015VW, Metzler to Sell LeasePlan Fleet Management Business for $4 Billion
Volkswagen AG and banker Friedrich von Metzler agreed to sell fleet-management company LeasePlan Corp. for 3.7 billion euros ($4 billion) to a group of investors including TDR Capital LLP.
July 23, 2015Oil Price Falls Into Bear Market Territory
Brent crude oil futures on July 23 settled at their lowest price since April, and U.S. crude fell into bear market territory and ended below $49 a barrel for the first time since late March as persistent concerns about ample supply and shaky demand offset support from the dollar's weakness.
July 23, 2015