Sunoco Finalizes Deal for Brenco Marketing

Sunoco has completed its $24 million acquisition of Brenco Marketing Corp.’s fuel-distribution business.

Mack, Volvo Enhance Over-the-Air Software Update Capabilities

Mack Trucks and Volvo Trucks have improved upon their over-the-air feature, which allows for updates to occur while a driver has downtime, such as while at a rest stop or home.

Pilot Freight Opens New Salt Lake City Warehouse

Cargo Boom Drives Carl Icahn’s $1.34 Billion Sale of American Railcar

Billionaire investor Carl Icahn agreed to sell American Railcar Industries Inc. for $1.34 billion, quintupling his investment as a freight boom spurs a rebound in demand for rail equipment.

AxleTech, Thor Trucks Partner to Build Heavy-Duty E-Powertrain

AxleTech and Thor Trucks have partnered to create a fully electric commercial vehicle powertrain, according to an Oct. 16 press release. The two will integrate AxleTech’s e-axle technology with Thor’s proprietary battery technology.

Audit of FMCSA’s Revamp of CSA Underway

The Department of Transportation’s Inspector General has begun a congressionally mandated audit of the Federal Motor Carrier Safety Administration’s “corrective action plan” intended to revamp the agency’s Compliance, Safety, Accountability Program methodology.

Wabco Reports Higher 3Q Net Income, Revenue From Uneven Markets

Commercial vehicle supplier Wabco Holdings Inc. reported third-quarter net income and revenue rose on gains in North America and India.

Marathon Considers Selling High-Ethanol Gas in Minnesota

Marathon Petroleum Corp., the largest U.S. oil refiner after its $23.3 billion acquisition of rival Andeavor this month, is weighing a plan to start sales of high-ethanol gasoline at its stations in Minnesota, according to people familiar with the matter.

Uber Launches Powerloop, a Trailer-Rental Business, to Build Drop-Freight Network

Uber Technologies Inc. has started Powerloop, a trailer leasing and rental business, to support drop-freight opportunities for carriers and shippers using its Uber Freight load-matching network.

AB Volvo Posts Record Third Quarter, Higher Income and Revenue

AB Volvo notched a 38% gain in net income as record third-quarter revenue was lifted by stronger truck orders and deliveries.