02 May Cummins First-Quarter Earnings, Revenue Increase Despite Weak North American Truck Market Global manufacturer Cummins Inc. posted first-quarter increases in profits and sales that were driven by demand from construction and mining customers rather than North American truck engines. Read more...
02 May Daseke Adds Schilli, Big Freight to its Portfolio of Trucking Companies Flatbed carrier Daseke Inc. said May 1 that it has added two more companies to its portfolio of trucking companies: the Schilli Cos. and Big Freight Systems. Read more...
02 May UPS to Operate First-Ever Hydrogen Electric Class 6 Trucks UPS Inc. announced it will deploy an extended-range hydrogen fuel cell electric Class 6 delivery truck operating in Sacramento, Calif., by the third quarter, saying it will be the first medium-duty truck of its kind. Read more...
02 May Penske Truck Leasing Launches Connected Fleet Platform, Remote Diagnostics Service Penske Truck Leasing has expanded its technology offerings with the launch of its connected fleet solutions, which tap into existing telematics systems to enable services such as a remote diagnostics. Read more...
02 May Accuride Finalizes Acquisition of KIC Accuride Corp. completed its acquisition of KIC and certain of its affiliated entities, following an agreement announced April 26, the company said. Read more...
01 May Diesel Falls 1.2¢ to $2.583 a Gallon, Oil Holds The U.S. average retail price of diesel dropped 1.2 cents to $2.583 a gallon as oil prices remained below $50 a barrel and U.S. rig counts pushed higher. Read more...
01 May PacLease First to Offer Toll Management Paccar Leasing Co., a unit of truck maker Paccar Inc., is offering its lease and rental customers automatic toll billing and collection through its PacToll, program, making it the first leasing company to offer toll management nationwide. Read more...
01 May China's Uber for Trucking Said to Get $156 Million in Funding Truck Alliance Inc., an Uber-type service for trucks in China known as Huochebang, is near an agreement to raise about $156 million, people familiar with the matter said. Read more...
01 May Trump Open to Raising Gas Tax, Says Truckers Back Higher Price for Highways President Donald Trump said he's willing to raise the U.S. gas tax to fund infrastructure development and called the tax-overhaul plan he released last week the beginning of negotiations. Read more...
01 May Pennsylvania Township Transforms Into Logistics Hub With More Than 100 Football Fields of Warehouse Space Just a few miles off Route 22 in Allen Township, Pa., quarter horses gallop through a pasture and farmers tend to soil that will soon sprout corn. By summer, fields of wildflowers will bloom, giving motorists off the beaten path a pleasing dose of nature. Read more...