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Caterpillar Sells Majority Interest in 3PL to Private Equity Firm for $750 Million
Friday, 18 May 2012
Caterpillar Inc. has agreed to sell a majority interest in its third-party logistics business to privately held Platinum Equity for about $750 million, while retaining its in-house international network to support its dealers and customers....
Industrious Trucking Entrepreneur Wins Award
Friday, 18 May 2012
TORONTO - Kumar's secret to success: "Two to three hours of sleep was enough."...
Volvo Trucks Planning 13-Liter LNG Engine
Friday, 18 May 2012
MIAMI - Volvo Trucks plans to introduce a new 13-liter liquefied natural gas engine for its North American over-the-road customers in 2014, the latest development in the fast-growing move to natural gas products, company officials said Friday....
YRC Freight Plans to Hire 200 Drivers
Friday, 18 May 2012
YRC Freight, the national less-than-truckload unit of YRC Worldwide, said it plans to immediately add 200 over-the-road drivers in 13 locations....
Preparing a roadmap to PC-11
Friday, 18 May 2012
JOPLIN, MO. Work is getting underway to develop the new PC-11 classification of engine oil for on-highway trucks, with eight meetings scheduled among lubricant makers this year in order to ensure testing procedures are locked down and ready to commence by the end of 2013.
While diesel prices fall elsewhere, they jump in California
Friday, 18 May 2012
Truckers hauling to California be forewarned, while the average price of diesel in the country continues to drop, fueling up in the Sunshine State can cost you a pretty penny with at least one fuel station in the state listing the price for diesel at close to $6/gal. this week.
According to the May 14 Diesel Boss Fuel Report, the price of...