Westport Acquires Dutch Supplier of Propane, Nat-Gas Systems
Westport Innovations Inc. said it has acquired Prins Autogassystemen Holding B.V., a Dutch supplier of propane and natural-gas vehicle technologies, in a deal valued at 12.2 million euros, or about $15 million.
December 5, 2014Truckbase Business Overview, Features, Reviews 2024
Truckbase has emerged as the next-generation truck dispatch software leader with its suite of easy-to-use tools for truckload carriers.
Con-way Workers Reject Union at Texas Terminal
Con-way Freight said workers at its terminal in Harlingen, Texas, have rejected Teamsters representation in the latest result of the union’s organizing drive.
December 5, 2014C.H. Robinson Boosting Dividend
C.H. Robinson Worldwide will increase its regular quarterly cash dividend to 38 cents per share, from 35 cents. The increase will be payable Dec. 31 to shareholders of record as of Dec. 15.
December 5, 2014Carriers Set Driver-Pay Increases
Several trucking companies announced driver pay increases earlier this month.
December 5, 2014Oil Falls to Five-Year Low $65.84 a Barrel
Oil fell almost $1 to a five-year low $65.84 a barrel Dec. 5, as Saudi Arabia offered its oil customers in Asia the biggest discount on record, signaling it will defend its market share.
December 5, 2014Navistar Offers ProStar Fuel-Efficiency Package
Navistar Inc. has announced a new fuel-efficiency package for its International ProStar model, marking the latest enhancement to the company’s lineup.
December 5, 2014J.B. Hunt Pledges to Hire 10,000 Veterans
J.B. Hunt Transport Services has launched an initiative to hire 10,000 U.S. military veterans by 2020.
December 5, 2014Intermodal Rail Traffic Rises in November
Intermodal rail volume for November rose 2.7%, and the weekly average volume was the highest level on record for the month, the Association of American Railroads reported.
December 5, 2014Trucking Adds 3,000 Jobs in November as Unemployment Rate Holds at Six-Year Low
The trucking industry added 3,000 jobs in November, and the unemployment rate was unchanged at 5.8%, the lowest level in six years, the Labor Department reported Dec. 5.
December 5, 2014Trade Gap Little Changed as Imports, Exports Increase
The trade deficit was little changed in October as an improving U.S. economy caused imports to climb to a record while exports also rose.
December 5, 2014