Private equity firm ZS Fund has acquired dedicated contract carriage company Lily Transportation Corp., the company announced July 11.
July 11, 2023Search
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Fleets Tackle Parts Shop Organization
Fleets share strategies on how to maintain parts inventory to eliminate downtime and other inefficiencies.
July 14, 2023Natural Gas Truck Engines Could Reduce Fuel, Maintenance
By the middle of next year, Cummins will be offering a full-size truck engine that runs on natural gas, called the X15N.
July 14, 2023Arizona to Standardize Truck-Restriction Highway Signs
Arizona has a new law mandating that vehicle weight-restriction signs can only be enforced on state highways if designed by the state transportation department.
July 11, 2023UAW Strike Threats Heat Up Before Detroit Negotiations Begin
Besides the usual haggling over wages, pensions and health care, the UAW union ahead of negotiations with Detroit automakers has set its sights on securing a foothold in the EV industry.
July 11, 2023How High Temperatures Break Down Electric Car Batteries
Electric vehicles, great for combating climate change, don’t do well in extreme heat. It’s a paradox being thrown into relief as multiple U.S. states bake under heat waves.
July 11, 2023Daimler Stresses ‘Transition’ to Green Energy
BOSTON — Daimler Truck during a Capital Market Day event recommitted to its ambitions for expansion of alternative fuels, stressing that diesel will remain an important part of the mix.
July 11, 2023Renault, China’s Geely Sign $8.8 Billion Powertrain Tie-Up
France’s Renault SA has formally signed a joint venture agreement with China’s Zhejiang Geely Holding Group Co. to set up a new combustion engine and hybrid powertrain company.
July 11, 2023Daimler Truck Increases Full-Year Guidance
BOSTON — Daimler Truck is updating its sales and financial guidance for the year and launching a share buyback program, moves the company said are buoyed by its business momentum.
July 11, 2023Yellow Gains Financial Targets Waiver
Yellow Corp. will not have to meet certain financial targets under a deal with its lenders, winning valuable breathing space as it battles the Teamsters union and the threat of bankruptcy.
July 10, 2023