Exceptional Demand Builds for Used Trailers
The used trailer market is surging. Values are high and inventory is sometimes scarce as buyers look for alternatives to higher-priced new equipment, largely available only after long lead times, industry experts said.
August 28, 2018Summit Partners Acquires MercuryGate International
Investment firm Summit Partners announced the acquisition of MercuryGate International Inc., a provider of SaaS-based transportation management system solutions.
August 28, 2018Used Truck Prices, Sales Climb in July
Used truck sales rose in July, as did the average price in a hot market where finding inventory to buy or sell is a challenge, ACT Research Co. reported.
August 28, 2018New Mexico Committed to Reversing Trend of Workplace Fatalities
In 2016, the most recent year for which comprehensive data is available nationally, 41 individuals were killed in work-related incidents in New Mexico.
August 27, 2018Bendix Transitions Facilities to New Quality Standards
Bendix Commercial Vehicle Systems and Bendix Spicer Foundation Brake announced each has completed all audits successfully, ensuring full transition to the new standards from the International Automotive Task Force, and the International Organization for Standardizations.
August 27, 2018J.B. Hunt 360 Perks Taps Pilot Flying J, Goodyear, SiriusXM
J.B. Hunt, SiriusXM, Pilot Flying J and Goodyear Tire and Rubber Co. have announced a rewards program that they said will help carriers save money, spend more time driving and have an overall better experience.
August 27, 2018PS Logistics Finalizes Purchase of D. Mosley Trucking
PS Logistics has completed the purchase of D. Mosley Trucking Inc. and DMT Logistics Services Inc., the Birmingham, Ala.-based company announced Aug. 23. Financial terms were not announced.
August 27, 2018Capitol Agenda for the Week of Aug. 27: The LeBron James of Trucking
2018 NTDC champion Scott Woodrome and NBA superstar LeBron James have a lot in common. Seriously.
August 27, 2018Amerit Attracts New Investments
Amerit Fleet Solutions, a provider of fleet maintenance and repair services to commercial fleets, announced the close of a majority investment from Ridgemont Equity Partners, a middle-market private equity firm, and a minority investment from Element Fleet Management Corp., a global fleet management company.
August 24, 2018Nel Expands Plant to Make Electrolyzers for Nikola
Nel ASA has begun construction of what it says is the world’s largest electrolyzer manufacturing plant, fully automated and able to deliver electrolyzers at a game-changing cost.
August 24, 2018