Navistar’s International SuperTruck II achieved a 60% reduction in weight compared with the baseline model due to a composite cab and trailer box, TPI Composites said.
August 30, 2023Latest News Updates From Keiron Greenhalgh
Composite Use Cuts International SuperTruck II Mass by 60%
Yellow’s Terminals: Analysts Expect More Bids
Analysts are expecting more players to take part in an upcoming auction for the 169 terminals owned by Yellow Corp. beyond those who already have raised their hands.
August 24, 2023Private Equity Firm H.I.G. Buys 3PL Ascent Global Logistics
A unit of H.I.G. Capital is to acquire third-party logistics provider Ascent Global Logistics for an undisclosed sum, the Miami-based private equity group said Aug. 22.
August 23, 2023Volvo Offers Fleets a Leg Up on Charging Infrastructure
Volvo Trucks North America launched a program Aug. 22 it believes will smooth fleet owners’ road to the installation of electric truck charging infrastructure.
August 22, 2023Diesel Price Increase Eases
The national average diesel price showed a modest gain after four straight weeks of accelerated increases, going up 1.1 cents to reach $4.389 a gallon.
August 21, 2023Peterbilt Adds Hendrickson’s Primaax EX Suspension as Option
Truck manufacturer Peterbilt has started offering Hendrickson Truck Commercial Vehicle Systems’ Primaax EX severe-duty vocational air suspension system as an option, Woodridge, Ill.-based Hendrickson said.
August 21, 2023Equipment Financing Industry Confidence Increases in August
Confidence in the prospects for the equipment finance market rose in August, with fewer leaders expecting weaker conditions, according to the Equipment Leasing & Finance Foundation.
August 18, 2023Mexico’s Fultra Buys Ohio-based Trailer Manufacturer East
Mexican truck parts and trailer specialist Fultra bought trailer manufacturer East Manufacturing, the companies said.
August 18, 2023Estes Offers $1.3 Billion for Yellow Terminals
Estes Express Lines is in line to buy the terminals of bankrupt less-than-truckload rival Yellow Corp. after submitting a $1.3 billion bid, a court heard Aug. 17.
August 17, 2023Diesel Price Up Another 13.9¢ to $4.378 a Gallon
Diesel prices climbed another 13.9 cents a gallon for the fourth straight week of a dime-or-more national average surge, according to data from the Energy Information Administration.
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