25 Jan Ford Ranks as Revenue Heavyweight Among US Companies Ford Motor Co.’s haul from selling just pickups and commercial vehicles rivals household-name companies including IBM and Boeing. Read more...
25 Jan Parts Demand Is Surging A growing economy and strong new truck sales have increased demand for aftermarket parts, creating supply challenges. Truck manufacturers and component suppliers said they’re working to alleviate pressure on the industry by expanding offerings, improving distribution channels and using predictive forecasting tools to get ahead of demand. Read more...
25 Jan Tackling Electrical Systems Technicians often don't troubleshoot a truck's electrical system to the extent they could, according to a recent assessment by the Technology & Maintenance Council of American Trucking Associations. Here's why. Read more...
25 Jan FedEx Express Agrees to Buy International Business From Israeli Firm FedEx Express is acquiring the international express delivery business of Flying Cargo Group, a company based in Israel that has been a service partner with FedEx since 1990, company officials announced Jan. 15. Read more...
24 Jan MUFG Union Bank to Acquire Trade Payable Services Mitsubishi UFJ Financial Group Union Bank, a subsidiary of MUFG Americas Holdings, will acquire Trade Payable Services, a supply chain finance platform, from GE Capital, per a Jan. 16 press release. Terms were not disclosed. Read more...
24 Jan Editorial: Watching the Slowdowns, Ending the Shutdown A gangbusters year marked by soaring freight rates and frenzied order and sales activity for equipment ended on a soft note, as December saw reported declines in both truck tonnage and trailer orders. It had to happen eventually, but some may feel cheated that the industry didn’t get to close out this otherwise stellar year on a high note. Read more...
24 Jan Experts Discuss Autonomous Tech’s Effect on Freight WASHINGTON — As they become more prevalent, autonomous technologies will bear a bigger impact on freight transportation, according to panelists assembled at the U.S. Conference of Mayors’ winter meeting. Read more...
24 Jan U.S. Xpress Moves to Divest U.S.-Mexico Trucking Operations U.S. Xpress Enterprises has decided to cut back on its cross-border trucking operations, agreeing to sell its terminal in Laredo, Texas, along with 700 dry van trailers and divest its ownership of Xpress Internacional, a company based in Mexico that U.S. Xpress has operated since 2007. Read more...
24 Jan Ryder Expands Truck-Sharing Platform to South Florida Ryder System Inc. announced it has expanded its digital truck-sharing platform, Coop by Ryder, to South Florida. Read more...
24 Jan Government Shutdown Strains Emerge in US Air Travel System The strain of a 34-day partial government shutdown is weighing on the nation’s air-travel system, both the federal workers who make it go and the airlines that depend on them. Air traffic controllers and airport security agents continued to work without pay — they will miss a second biweekly paycheck Jan. 25 — but high absentee rates raise the threat of long airport lines, or worse. Read more...