Business: Page 1054

Business
Navistar Financial closes sale of $120M of asset-backed notes
Navistar Financial Corp. announced that it has completed the sale of $120 million of asset-backed notes in a privately funded transaction with one of NFC’s relationship banks. NFC says this is its first retail securitization in calendar-year 2011, continuing its initiative to reduce debt costs and build liquidity. “We continue to take advantage of the […]
April 25, 2011
Business
New Kenworth Truck Models brochure now available at dealerships
The latest Kenworth Truck Models brochure now is available from Kenworth dealers in the United States and Canada. The brochure offers key features, advantages and benefits information in sections covering the T700, T660, T800, W900, T440 and T470 medium-duty, off-highway and Paccar engines. The brochure also includes black and white photographs and interesting information on […]
April 25, 2011
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Business
Davco offers diesel fuel tank pump
Davco Technology’s Shop Pro FXP is designed for sweeping diesel fuel tanks to remove water and contaminants, filter the fuel when transferring to another tank and prime diesel engines. The priming pump is designed for performance and durability when filtering fuel and priming fuel systems. Shop Pro FXP features include: • A large-capacity Fuel Pro […]
April 25, 2011
Business
Trinium announces speakers for 2011 user conference
Trinium Technologies, a provider of enterprise transportation software for the trucking industry, has announced the speakers and participants for its annual user conference, set for May 10-11 in Long Beach, Calif. The user conference will be attended by executives and users from dozens of intermodal and multimodal trucking companies running Trinium from all over the […]
April 25, 2011
Business
Wabco appoints chief quality officer
Wabco announced that Kazuo Kawashima has been named chief quality officer, responsible for further powering how Wabco ingrains quality across the value chain throughout its global organization. Kawashima will reinforce the company’s capabilities to satisfy customer expectations for quality, service and value. Most recently, Kawashima was president of Ichikoh Industries Ltd., a publicly listed company […]
April 25, 2011
Business
Myers joins uShip as general manager
uShip, an online transport marketplace, announced that Charles Myers, a 35-year veteran of the transport, freight and supply chain industry, has joined the company as General Manager of uShip Freight. Myers will oversee uShip’s recently-launched brokered loads and private network freight exchange services, both of which uShip has introduced into its online spot market freight […]
April 25, 2011
Business
Arkansas Best posts smaller 1Q net loss
Arkansas Best Corp. on Monday, April 25, announced a first-quarter 2011 net loss of $12.8 million compared to a net loss of $21.4 million in the first quarter of 2010; and revenue of $434.9 million, a per-day increase of 19.0 percent from $359.9 million. The company said its results reflect continued improvements in broader economic […]
April 25, 2011
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Business
NTTC supports mandatory electronic logging devices
The National Tank Truck Carriers on Friday, April 22, announced that its membership supports mandatory electronic logging devices for documentary compliance with hours-of-service rules. NTTC says it voted to support the electronic logging mandate at its summer membership meeting in July but withheld issuance of any public proclamation pending any related developments in the HOS […]
April 23, 2011
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Business
YRC Worldwide cites progress on restructuring efforts
YRC Worldwide Inc. on Friday, April 22, announced it has made significant progress in negotiating the terms of the major agreements that are required to achieve the company’s financial restructuring by the end of July. John Lamar, YRC Worldwide chief restructuring officer, says the Overland Park, Kan.-based company has been working closely with JP Morgan, […]
April 23, 2011
Business
Getloaded says month-to-month load board traffic up 42%
Amidst industry reports that freight loads are increasing, traffic to the new Getloaded – which the company says has upgrades and features that streamline freight matching – was up 42 percent from February to March 2011. The Midlothian, Va.-based company says more owner-operators and small to mid-size fleets are discovering the upgraded site, providing members […]
April 23, 2011
Business
Roadcheck set for June 7-9
The Commercial Vehicle Safety Alliance announced that it will hold Roadcheck, its annual vehicle inspection program, on June 7-9. During a 72-hour period, an estimated 10,000 CVSA-certified federal, state and local enforcement personnel will conduct truck and bus inspections at 1,500 North America locations.
April 23, 2011
Business
Heckmann orders 200 Peterbilt Model 367 NGVs
Heckmann Corp. has partnered with Peterbilt Motors Co. to transition its tractor-trailer fleet from traditional diesel vehicles to natural gas vehicles with the purchase of 200 Model 367 vehicles. “Peterbilt’s clean-powered alternative fuel platforms provide customers an innovative and economic solution that delivers high-quality performance and fuel efficiency to support their business objectives,” says Bill […]
April 23, 2011
Business
Concert Group Logistics names Cornwell Midwest regional sales director
Concert Group Logistics, a Downers Grove, Ill.-based provider of transportation logistics, recently appointed Lori Cornwell as the Midwest regional sales director. Cornwell – who joins CGL with more than 20 years of industry experience selling intermodal, domestic and international transportation solutions – is responsible for all sales-related initiatives for the organization, including assisting existing offices […]
April 23, 2011
Business
ABF earns NASSTRAC LTL Carrier of the Year Award
For the second consecutive year, ABF, has been named National LTL Carrier of the Year by the National Shippers Strategic Transportation Council. “ABF is proud to again earn this prestigious award, which recognizes all ABF employees whose dedication to safety, cargo handling and customer service inspires confidence among customers throughout North America,” says Roy Slagle, […]
April 23, 2011
Business
Con-way donates to Japan earthquake relief
The American Red Cross of Washtenaw County, Mich., received a $50,000 contribution this week from Ann Arbor-based Con-way Inc. and its employees for the Japan Earthquake Relief Efforts. Con-way employees nationwide participated in a campaign to raise relief donations, which netted close to $25,000. The company then pitched in with a matching corporate contribution of […]
April 23, 2011
Business
ConocoPhillips lubricants now available at Flying J
U.S. lubricants supplier ConocoPhillips Co. announced the availability of its Kendall Synthetic Blend Motor Oils and transmission fluid in Pilot Flying J locations nationwide. Based on a new business relationship, Pilot Flying J travel centers, truck care centers and fuel stops now will offer Kendall Super-D XA Synthetic Blend Heavy Duty Engine Oil with Liquid […]
April 23, 2011
Business
Volvo Trucks North America names 2010 Dealers of the Year
Volvo Trucks North America recently announced its 2010 Dealers of the Year for the United States and Canada. The annual award honors each dealership’s entire organization and its employees for overall accomplishment and performance. Selection criteria for the annual award includes outstanding performance in new truck and parts sales, growth in market share, penetration of […]
April 23, 2011
Business
Polar enhances manufacturing, services, hires 500 employees
Polar Corp., a full-line tank-trailer manufacturing, parts and service organization, on Friday, April 22, announced initiatives to reduce production lead times and expand after-sale support for customers that transport fuel, chemicals, propane, food and other products. “Tank fleets are challenging their suppliers to help them be more competitive and efficient,” says Ted Fick, chief executive […]
April 23, 2011
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