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A federal judge in Chicago has granted final approval of a $135 million settlement between a court-certified class of an estimated 45,000 plaintiffs and Navistar Inc. in connection with the truck maker’s troubled model year 2011-2014 MaxxForce engines.

I Squared Capital acquired a majority stake in FlexiVan Leasing Inc., the private equity firm said. As a result, the company said it is merging FlexiVan with American Intermodal Management.

While revenue and profits dipped in the fourth quarter, Paccar Inc. extended its streak of annual profitability to 81 consecutive years in 2019 as it posted records for net income and revenue.

One month after the International Maritime Organization’s mandate prohibiting the use of heavily polluting bunker fuel in cargo and cruise ships began, oil industry analysts said the diesel fuel market is stable.

The pickup truck market that has gone years without an electric entrant may have another competitor join the fray: Karma Automotive, the Chinese-owned carmaker once known as Fisker.

The National Operations Center of Excellence launched a workforce development campaign geared toward professionals in the transportation systems management and operations field.

C.H. Robinson introduced C.H. Robinson Labs, an innovation incubator in which ideas in logistics and supply chain are created, tested and scaled to build solutions for customers and carriers, the company said in a Jan. 23 news release.

GRAPEVINE, Texas — SAF-Holland will relaunch its aftermarket parts-on-demand electronic catalog in a more comprehensive and user-friendly digital format, POD Plus. The company said the new catalog would be available to all of its distribution channel in the second quarter, calling it another step in SAF-Holland’s digital transformation.

The North Dakota Department of Transportation will use a recently awarded federal grant to deploy an autonomous attenuator truck.