UPS Orders 10,000 Electric Delivery Vehicles
UPS has ordered 10,000 electric delivery vehicles from electric vehicle maker Arrival, in what it calls a move to accelerate fleet electrification.
January 30, 2020UPS to Expand Service, Capacity, Add Operation Hours
UPS Inc. rolled out a series of offerings Jan. 29 aimed at improving service to small and midsize businesses, including an extension of weekend operations.
January 29, 2020Lyft to Cut 2% of Staff in Pursuit of a Profit Next Year
Lyft Inc. will eliminate about 90 jobs as the unprofitable ride-booking company seeks to deliver on a promise to stop losing money by the end of next year.
January 29, 2020Ford’s Lincoln Partners With Rivian for First Electric Model
Lincoln is building its first fully electric vehicle with Rivian Automotive Inc., the battery-powered truck and SUV maker Ford Motor Co. backed with a $500 million investment last year.
January 29, 2020US Grounds Chinese-Made Drones, Citing Security Fears
The Interior Department is banning nonemergency flights of its fleet of 810 drones as it reviews national security concerns about the Chinese-made devices.
January 29, 2020Fleets Manage Parts in Multiple Ways
GRAPEVINE, Texas — Fleets have found various ways to handle the need for parts: expanding inventory levels, not substituting cheaper but less reliable ones for critical parts, doing some warranty work themselves, keeping the average age of trucks low or turning to electric trucks.
January 29, 2020FMCSA Announces Two-Year Delay of Its Entry Level Driver Training Rule
The so-called Entry Level Driver Training rule — originally set to go into effect Feb. 7 — is delayed until Feb. 7, 2022, the Federal Motor Carrier Safety Administration announced Jan. 29 in an interim final rule.
January 29, 2020$135 Million Settlement Approved in Navistar MaxxForce Engines Lawsuit
A federal judge in Chicago has granted final approval of a $135 million settlement between a court-certified class of an estimated 45,000 plaintiffs and Navistar Inc. in connection with the truck maker’s troubled model year 2011-2014 MaxxForce engines.
January 28, 2020Chassis Provider FlexiVan to Merge With American Intermodal Management
I Squared Capital acquired a majority stake in FlexiVan Leasing Inc., the private equity firm said. As a result, the company said it is merging FlexiVan with American Intermodal Management.
January 28, 2020Paccar Q4 Net Income Slips, but Annual Profit, Revenue Hit Records
While revenue and profits dipped in the fourth quarter, Paccar Inc. extended its streak of annual profitability to 81 consecutive years in 2019 as it posted records for net income and revenue.
January 28, 2020