The Greenbrier Cos. reported lower net income and higher revenue for its fiscal 2019 first quarter amid strong orders for double-stack intermodal units, tank cars and heavy-duty flat cars.
January 14, 2019Search
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Motorcar Parts of America Acquires Dixie Electric
Motorcar Parts of America Inc., a remanufacturer, manufacturer and distributor of automotive aftermarket parts, has acquired heavy-duty rotating electrical products company Dixie Electric, according to a Jan. 10 press release.
January 14, 2019Electric, Automated Trucks Offer Glimpse of Industry’s Future at CES
LAS VEGAS — Amid a sea of gadgets, drones, robots and virtual reality demos, commercial trucking carved out a significant niche for itself here at the Consumer Electronics Show, the world’s largest technology event.
January 11, 2019Editorial: Trucks and Tech at CES
If anyone needed more proof that trucking is a tech-savvy industry, look no further than the bright lights of Las Vegas, where the annual CES technology show featured a string of announcements from major industry players.
January 10, 2019Kenworth, Toyota Partner to Develop 10 Hydrogen-Electric Trucks
LAS VEGAS — Kenworth Truck Co. and Toyota are collaborating to develop 10 hydrogen-electric tractors for drayage operations in the Los Angeles basin, the companies announced.
January 10, 2019CIT Northbridge Arranges $53.8 Million in Credit for Circle 8 Crane Services
CIT Group Inc., the financial holding company of CIT Bank, has announced that its financing unit served as the sole lead arranger on a $53.8 million senior secured credit facility for Circle 8 Crane Services, a full-service crane rental company serving the Southwest.
January 9, 2019Fleets Reap Riches by Expanding Into Last-Mile Service
Truck driver Justin Osborne pulled up to a house in the Dallas suburbs last month and started unloading an oven, a dishwasher and a microwave. His mission: Help J.B. Hunt Transport Services Inc. win the battle for new delivery riches spurred by e-commerce.
January 9, 2019Peterbilt Unveils Electric Medium-Duty Truck at CES
LAS VEGAS — Peterbilt Motors Co. has unveiled an all-electric medium-duty truck, adding a third model to its emerging electric-vehicle lineup.
January 8, 2019Savage Inland Marine Acquires Assets of Progressive Barge Line
Savage Inland Marine has acquired the assets of Progressive Barge Line, according to a Dec. 28 press release.
January 7, 2019OnDeck to Offer Equipment Finance Loans
OnDeck, an online lender for small businesses, has announced that it will begin offering equipment finance loans in 2019.
January 7, 2019