Ryder System said late Wednesday it will acquire Philadelphia-based Gordon Truck Leasing. Terms were not disclosed.
August 7, 2008Search
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iTECH 鈥 Driver Monitoring: Parsing the Cost of Behavior Modification
Camera-based driver monitoring costs $400 to $1,000 per device, plus monthly monitoring fees of $20 to $40 per vehicle, according to vendor reports.
September 2, 2008Forward Air to Acquire Service Express
Forward Air Corp. said Monday its wholly owned subsidiary, Forward Air Solutions Inc., has entered into an agreement to acquire certain assets of Service Express, a privately held provider of pool distribution and related services headquartered in Spartanburg, S.C.
September 2, 2008IdleAire Re-Forms with New Ownership
IdleAire Inc., comprised of six investment management companies, said Monday it now owns essentially all of the bankrupt IdleAire Technologies Corp.鈥檚 assets with the official closing late Friday on their successful $17.5 million bid submitted earlier this year.
September 2, 2008Oil Gains on Concern Over New Hurricane
Oil prices rose early Tuesday on concerns that newly formed Hurricane Gustav may be on track to move into the Gulf of Mexico, the Associated Press reported.
August 26, 2008Freightliner to Offer Meritor WABCO System
Freightliner Trucks, part of Daimler Trucks North America, said it will offer Meritor WABCO鈥檚 new automatic forward-collision warning and braking system on its models Cascadia and Century Class S/T tractors.
August 25, 2008NYC Plans to Track Vehicles Entering City
New York City is developing a plan to track every vehicle that enters Manhattan to help guard against potential terrorist attacks, the New York Times reported Tuesday.
August 12, 2008Volvo Offers Bendix Air Disc Brakes on Heavy Trucks
Volvo Trucks North America said Monday it is now offering Bendix heavy-duty air disc brakes on Volvo VN and VT model trucks.
August 4, 2008Iteris, Delphi to Team on Safety Technologies
Iteris Inc. and Delphi Corp. said Monday that Iteris has been named the exclusive distributor of Delphi鈥檚 forward collision warning system for the North American commercial vehicle market.
August 4, 2008DOT Issues Transport Plan
Declaring the current system irrevocably 鈥渂roken,鈥 Transportation Secretary Mary Peters unveiled the Bush administration鈥檚 final major surface transportation policy initiative 鈥 a reform of the highway program that includes unlimited tolling and an increased emphasis on private capital.
August 4, 2008