Volvo completes purchase of large share of Dongfeng subsidiary preview image Volvo completes purchase of large share of Dongfeng subsidiary January 6, 2015 GOTHENBURG, SWEDEN - The purchase price for 45% of Dongfeng Commercial Vehicles Co. amounted to 5.5 billion yuan - equivalent to about US $885 million.
Quala purchases Iowa tank wash company preview image Quala purchases Iowa tank wash company January 6, 2015 TAMPA, FL - Quala expands into new market and expands its food-grade service footprint with acquisition of Cronbaugh Tank Wash in Cedar Rapids, IA.
Hendrickson concludes purchase of Frauenthal operations preview image Hendrickson concludes purchase of Frauenthal operations January 6, 2015 ITASCA, IL – Suspension maker Hendrickson International has completed its purchase of the heavy duty leaf spring and stabilizer segments of the Frauenthal Group…
ABF Logistics acquires Smart Lines Transportation Group preview image ABF Logistics acquires Smart Lines Transportation Group January 6, 2015 FORT SMITH, AR - ABF Logistics pays $5.17 million in cash for carrier serving the food, energy and industrial segments.
CVSA reports increase in brake violations preview image CVSA reports increase in brake violations January 6, 2015 GREENBELT, MD - Out-of-service rate during annual Brake Safety Week was 16.2% in 2014, compared with 13.5% for the 2013 event.
Cowan Systems names new president preview image Cowan Systems names new president January 6, 2015 BALTIMORE, MD - Dennis Morgan is logistics company's new president, as of Jan. 1. Joe Cowan remains as CEO and chairman of the board.
Trucker praised for efforts to save crash victim preview image Trucker praised for efforts to save crash victim January 5, 2015 WOODSTOCK, ON - Off-duty driver comes across accident scene, pulls 11-year-old girl from wreckage, and begins CPR.
OTA working with mayor on solution to Toronto gridlock January 5, 2015 TORONTO, ON - Ontario Trucking Association asks new mayor John Tory to "revisit" his zero-tolerance policy toward vehicles seen to be impeding traffic particularly during rush hours.
U.S. spot freight rates fall from previous week preview image U.S. spot freight rates fall from previous week December 29, 2014 Biggest drop was 0.9% in the flatbed sector Dec. 14 through Dec. 20 compared to the previous seven days, for an average of $2.30 per mile. This is its lowest level out of the last four weeks.
Top 10 stories of 2014 preview image Top 10 stories of 2014 December 29, 2014 TORONTO, ON – We’ve designed this web site to be a reference tool for the Canadian trucking industry… and, happily, that’s how it is being used. Here’s what caught your…
Ryder eliminates language barrier for used trucks customers preview image Ryder eliminates language barrier for used trucks customers December 29, 2014 MIAMI, FL - Fleet management company introduces free language translation service for pre-owned vehicle customers.
Oil prices will ‘snap back’ by mid-2015, analyst predicts preview image Oil prices will ‘snap back’ by mid-2015, analyst predicts December 24, 2014 TORONTO, ON – Scotiabank VP and commodity analyst Patricia Mohr expects a dramatic rebound in oil prices next year. In a recent Scotiabank Commodity Price Index report, she predicted, “Oil…
Judicial panel rolls 14 lawsuits against Navistar into one preview image Judicial panel rolls 14 lawsuits against Navistar into one December 24, 2014 LISLE, IL – A five-judge panel has consolidated 14 lawsuits against alleged defects of Navistar’s EGR-only engines. In October, Navistar International had requested that all lawsuits pertaining to…
ATA has holiday reminders for travelers preview image ATA has holiday reminders for travelers December 24, 2014 ARLINGTON, VA - American Trucking Associations releases public service announcement urging motoring public to watch out for truck blind sides.
Saskatchewan to amend vehicle seizure policy preview image Saskatchewan to amend vehicle seizure policy December 23, 2014 REGINA, SK - Changes include stronger penalties for drivers and a new process for business owners to appeal vehicle seizures.