Monthly Archive: May 2019
Direct ChassisLink Inc. (DCLI) and is subsidiary Blume Global will be acquired by Apollo Global Management, a private equity fund, officials at the two companies said recently. Reuters reported the deal was for about $2.5B…
National Tank Truck Carriers (NTC) has joined the Federal Motor Carrier Safety Administration’s (FMCSA) Our Roads, Our Safety Coalition, the trade groups announced recently. As a coalition partner, NTTC will collaborate with FMCSA and other…
Surging production of U.S. liquefied natural gas (LNG) and slower growth of demand in Asia this year could leave companies that have committed to long-term purchase contracts struggling to find markets, analysts say. Over the…
Navistar, parent company of International Trucks, has been ordered by an Ohio-based jury to pay Dutch Maid Logistics, a 150-truck fleet out of Willard, Ohio, at least $1.3 million in damages relating to Navistar’s now-defunct…
The Federal Motor Carrier Safety Administration (FMCSA) is making it easier and less expensive for truck drivers to upgrade their commercial driver’s license from a Class B to Class A through a change to its…
The recent geographical developments in the liquified natural gas (LNG) industry are occurring at a time of consolidation. The $53 billion combination of Royal Dutch Shell and BG Group has created the world’s largest LNG…
The trailer industry’s strong order streak, which started in the fall of 2017, came to an end at the close of 2018, but the softness was not necessarily due to a change in fleet confidence…