CHICO, Calif., Oct. 2017 — Work Truck Solutions is pleased to announce that Famous Rhodes joins Work Truck Solutions Board of Directors. His extensive automotive and digital marketing experience will provide the company with tested and proven industry guidance. Work Truck Solutions is expanding their services in the work truck industry and the […]
Hoffa: Senate Committee Right In Reining In Push To Include Trucks In Legislation
In Autonomous Vehicle Debate, Technology Must Serve All Americans Truck Legislation WASHINGTON, Oct. 2017 — The following is a statement from Teamsters General President Jim Hoffa in response to today’s passage of S. 1885, the AV Start Act, out of the Senate Commerce Committee. “The Teamsters continue to follow the development of autonomous driving technology […]
Kalyn Siebert Launches VersaMAXX ™ – Low-Profile Bus/Large Vehicle Transport and Recovery Trailer
Kalyn Siebert Launches VersaMAXX Gatesville, TX – 2017 – Premium heavy-duty trailer manufacturer Kalyn Siebert has announced production of a new low-profile trailer designed specifically for large vehicle transport and recovery operations in metros and locations that demand the utmost in capacity, versatility, maneuverability and ease of use. The VersaMAXX […]
Amsterdam Court Clears Way for Pan-European Truck Cartel Damages Claim; Scania Fined €880m by European Commission
DUBLIN, Ireland, 2017 — The European Commission (EC) announced that it had fined Scania €880 million for its participation in the 1997-2011 truck cartel. This is the second highest fine ever imposed on an individual company by the EC. Last Friday 22 September 2017, the District Court of Amsterdam published a landmark decision endorsing the assignment model […]
Celadon Group Announces Amendment to Revolving Credit Facility, New $22.6 Million Financing, and Other Matters
INDIANAPOLIS, Oct. 2017 — Celadon Group, Inc. (“Celadon” or the “Company”) (NYSE: CGI) today announced an amendment to its primary credit facility, a separate equipment financing to afford additional liquidity, and certain corporate updates. Chief Executive Officer, Paul Svindland, commented: “Over the past two months, Celadon has adopted a new strategic plan and is […]
Ritchie Bros. sells US$52+ million of equipment and trucks in Fort Worth, TX
Online buyers purchased approximately 58 percent of the equipment FORT WORTH, TX, Sept. 2017 – Ritchie Bros. Auctioneers held a two-day auction at its site in Fort Worth, TX this week, selling 3,800+ equipment items and trucks for US$52+ million. More than 4,900 people from 55 countries registered to bid in the unreserved public auction […]
Sell-Out Crowd Sees Huge Bandit Wreck at Highland Rim
BLOOMING PRAIRIE, Minn., Sept. 2017 — Quarter-mile tracks always make things interesting, but Saturday’s Minimizer Bandit Big Rig Series wreck at Highland Rim Speedway left a sold-out crowd speechless. After several tight heat and challenge races, Mike Morgan (#88) and Allen Boles (#3) went all out to try and steal the $10,000 feature race check. Unfortunately, the two made contact in turn four […]
BorgWarner Completes Acquisition of Sevcon
AUBURN HILLS, Mich., Sept. 28, 2017 — BorgWarner announced today that it has finalized its acquisition of Sevcon, Inc. (Sevcon). A global player in electrification technologies, Sevcon complements BorgWarner’s power electronics capabilities utilized to provide electrified propulsion solutions. Sevcon’s annual sales for 2017 are expected to be approximately $60 million. The acquisition is expected […]
Pilot Flying J Celebrates Professional Drivers Through the Return of its Annual Road Warrior Program
Contest to celebrate “heroes on the road” for their hard work, perseverance and passion #ThankYouDriver KNOXVILLE, Tenn., Sept. 2017 — Now in its fourth year, Pilot Flying J today announced the return of its annual Road Warrior program, a contest that honors professional drivers who go the extra mile to ensure that products […]
KAG Proactively Addresses Driver Shortage
Implementing Driver Pay Initiative NORTH CANTON, Ohio, Sept. 2017 — The Kenan Advantage Group, Inc. (KAG), North America’s largest bulk transportation and logistics provider, is implementing a pay increase strategy designed to proactively address the rapidly worsening driver shortage issue facing the entire trucking industry. The program calls for guaranteed pay increases for the next […]