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Business: Page 1113
Business
Vedder Transport purchases 50 Peterbilt Model 386 LNG trucks
Peterbilt Motors Co. announced the purchase of 50 Model 386 liquefied natural gas (LNG) trucks by Vedder Transport of Abbotsford, B.C. Vedder Transport specializes in the transportation of food grade products in a bulk liquid or dry state, and offers dedicated and irregular route, truckload and less-than-truckload freight services throughout Canada, and between Canada and […]
January 25, 2011
Business
Dart Transit chooses Transflo Express, Transflo Now!
The 2,400 drivers of Dart Transit Co. now can use Transflo Express truckstop scanning and Transflo Now! anywhere scanning from Pegasus TransTech to transmit documents electronically to Dart headquarters for expedited billing and driver settlement, Pegasus TransTech announced. Dart, based in Eagan, Minn., is a truckload carrier that also provides logistics, warehouse and dedicated transportation, […]
January 25, 2011
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Business
Navistar expects earnings gains in 2011
Navistar International Corp. announced Tuesday, Jan. 25, that it expects substantial gains in fiscal 2011 earnings as the result of the successful implementation of its three-pillar growth strategy and improving economic conditions. The company said it believes that net income attributable to Navistar for fiscal year ending Oct. 31, 2011, is expected to be between […]
January 25, 2011
Business
XTRA Lease targets fuel efficiency with 6,000 new trailers
XTRA Lease on Tuesday, Jan. 25, announced that it has ordered 6,000 new fuel-efficient trailers equipped with aerodynamic side skirts and low rolling- resistance tires, providing fleets access to new equipment and opportunities to lower their fuel costs. XTRA Lease will add both features on new trailers, 53-foot and longer, due to arrive at company […]
January 25, 2011
Business
Cummins to sell exhaust business to Global Tube
Cummins Inc. on Tuesday, Jan. 25, announced that it has entered into an agreement to sell its exhaust business to Global Tube, a portfolio company of Wind Point Partners, a private equity firm headquartered in Chicago. The sale to Global Tube, terms of which were not disclosed, affects Cummins’ acoustic exhaust operations in Stoughton, Arcadia, […]
January 25, 2011
Business
Xata promotes Gagne to COO
Fleet optimization software provider Xata Corp. announced that David Gagne has been promoted to the position of chief operating officer, responsible for the daily operations of the company and for developing new products, increasing market share and improving customer satisfaction. Gagne also will play a key role in executing the company’s strategic initiatives and in […]
January 25, 2011
Business
GE Capital Fleet Services says it saved customers $326M in 2010
GE Capital Fleet Services announced full-year results of identified customer cost savings in 2010 of $326 million, with the company-leased versus company-owned vehicles yielding the highest cost savings of more than $68 million, as well as optimal replacement strategies ($58 million); total-cost-of-ownership analysis ($50 million) and negotiated maintenance savings ($37 million). “Our strategic consulting team […]
January 25, 2011
Business
Aljex Load Board posted more than $1 billion in 2010
Aljex Software announced that more than $1 billion of available loads were posted to the Aljex Load Board during 2010 – the board’s second full year of operation. The Aljex Load Board, launched in the 3rd quarter of 2008, is available at no charge to all Aljex customers. Carriers can access the Aljex Load Board […]
January 25, 2011
Business
New England’s diesel prices now nation’s highest
The national average retail price of diesel rose for the eighth straight week, adding 2.3 cents to $3.43 a gallon during the week ended Monday, Jan. 24, according to the U.S. Department of Energy’s Energy Information Administration. Diesel prices are 59.7 cents higher than they were during the same week last year and are at […]
January 24, 2011
Business
CARB touts diesel cleanup program’s success
A broad range of projects targeting freight transport, funded by state bond money and administered by the California Air Resources Board and air districts, has slashed emissions along trade corridors and near ports, cutting pollution from trucks, trains and ships, CARB announced Monday, Jan. 24. More than 5,300 diesel trucks traveling the state’s busiest trade […]
January 24, 2011
Business
EPA, DOT, CARB align timeframe for clean car proposal
New proposals for fuel economy and greenhouse gas standards for model year 2017-25 light-duty trucks and cars are expected by Sept. 1, according to a joint timeframe announced by the U.S. Department of Transportation, the U.S. Environmental Protection Agency and the state of California. The announcement could extend the current National Clean Car Program, providing […]
January 24, 2011
Business
DOT issues Connected Vehicle Technology Challenge
The U.S. Department of Transportation’s Research and Innovative Technology Administration announced the Connected Vehicle Technology Challenge, a new national competition seeking ideas for using wireless connectivity between vehicles to make transportation safer, greener and easier. Through the competition, RITA is soliciting ideas for products or applications that use Dedicated Short Range Communications, an advanced wireless […]
January 24, 2011
Business
Court backs Swift on lease chargebacks
Swift Transportation is not required to disclose the precise amount of its chargebacks to owner-operators that represent markups or administrative fees as opposed to actual costs, a federal appeals court confirmed Jan. 20. Based on litigation by the Owner-Operator Independent Drivers Association, Swift changed its lease agreements in 2008 to disclose that chargebacks would include […]
January 24, 2011
Business
Despite filing for bankruptcy, CTS says it’s still rolling
Cargo Transportation Services said Monday, Jan. 24, that despite filing for bankruptcy, it’s still business as usual for customers, vendors and employees, thanks to recent moves by management to preserve the company’s liquidity and keep its cash flowing. At a hearing on Jan. 19, CTS and Comerica reached agreement for Comerica to continue to extend […]
January 24, 2011
Business
Grant to upgrade, certify California logistics work force skills
Southern California has started a three-year $4.3 million U.S. Department of Labor training grant to upgrade and certify work force skills in the nation’s largest logistics hub. A group of community colleges began to deliver various courses this January to prepare both entry-level and incumbent workers in the advanced skills needed by the region to […]
January 24, 2011
Business
FedEx has new solution for deep frozen shipments
FedEx Corp. announced the launch of its FedEx Deep Frozen Shipping Solution, which offers an end-to-end service for the shipping of temperature-sensitive healthcare products around the world. FedEx says the new offering is an important component of the broader FedEx HealthCare Solutions portfolio of services for customers in the life sciences and biopharma industries. The […]
January 24, 2011
Business
Bergstrom enters strategic partnership with KBi/Kold-Ban
Bergstrom Inc., manufacturer of battery-powered Nite no-idle systems, has entered into a strategic partnership with KBi/Kold-Ban International to help market and provide sales leads for KBi’s KAPower super capacitor system. The partnership is intended to capitalize on the research, development and manufacturing strengths of KBi and the technical expertise and relationships of Bergstrom’s Nite system. […]
January 24, 2011
Business
Zurich Fleet Intelligence targets operating costs, driver safety
To help fleet managers minimize their fleet’s operating costs and reduce crashes, all while keeping their vehicles up-and-running and their drivers safe, North American fleet insurer Zurich announced a U.S. program that combines its in-depth understanding of fleet insurance, operations and risk engineering to create Zurich Fleet Intelligence. “Zurich Fleet Intelligence allows fleet managers to […]
January 24, 2011
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