Kane Is Able Inc., a warehousing and distribution business in operation since 1930, announced that Harkness Capital Partners agreed to make an unspecified equity investment in the firm as part of a strategy to expand the company’s services and national presence.
March 19, 2019Search
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GM’s Cruze-Producing Ohio Plant Goes Idle
A sprawling General Motors assembly plant near Youngstown, Ohio, will be idled March 6 after more than 50 years producing cars and other vehicles, a move that will eliminate nearly 1,700 hourly positions by month’s end.
March 6, 2019TMC Annual Meeting Goes ‘Beyond the Frontier of Maintenance’
The evolution of trucks and truck maintenance is apparent in key highlights on the agenda for the upcoming annual meeting of the Technology & Maintenance Council of American Trucking Associations.
March 14, 2019Warning Signs Flash for Detroit as Jeep Wranglers Pile Up on Dealer Lots
An unexpected spike in inventory of Fiat Chrysler Automobile NV’s iconic Jeep is stoking concern that the American SUV boom that has fueled Detroit automakers’ profit is reaching its limits.
February 26, 2019Wabtec Merger Complete as Strike Threat Hangs Over GE Plant
The merger of GE Transportation, one of the original business units of the General Electric Co., and Westinghouse Air Brake Technologies Corp. is complete as of Feb. 25.
February 25, 2019Daimler Joins BMW in Bid to Be a Force in Ride-Hailing Sector
Daimler AG and BMW AG are pouring more than 1 billion euros into their joint car-sharing and ride-hailing businesses to take on the likes of Uber Technologies Inc. and Lyft Inc.
February 22, 2019BNSF Plans $400 Million in Upgrades to Texas Rail System
Fort Worth-based BNSF Railway Co. will spend $405 million this year to upgrade its rail system running throughout Texas.
February 22, 2019Amazon to Disclose More Details on Environmental Impact
Amazon.com announced it will disclose its carbon footprint later this year, giving consumers and investors new insight into the environmental cost of its popular two-day shipping.
February 20, 2019Get Smart: Best Practices for Rightsizing Your Trailer Fleet
Not long ago, trailer telematics was tech only top fleets employed. Today, soaring adoption rates signal trailer management is critical to crushing it in a high-demand market. Hear from seasoned pros at marquee transportation companies tell how they are maximizing utilization, rightsizing busy trailer fleets, and killing the competition.
February 28, 2019Robot Package Delivery Trucks Developed in Detroit Ready for China, US
Looking like a delegation of toasters from space, a generation of electrically powered, self-driving mail trucks will roll out of a suburban Detroit industrial park later this year. Their mission: Revolutionize mail and package delivery.
February 11, 2019