Brightstar Capital Partners has signed a definitive agreement to acquire Novae Corp. in partnership with the company’s founder and senior management team, the private equity firm reported Dec. 15. Steve Bermes, chief executive of Novae…
Bipartisan legislation to repeal the 12-percent federal excise tax (FET) on the sale of heavy-duty trucks and trailers is getting “strong support” from American Trucking Associations (ATA) and Modernize the Truck Fleet (MTF), a coalition…
XL Fleet, a provider of vehicle electrification solutions, has announced a development and supply agreement with eNow, a provider of solar and battery-powered systems for fully electric transport refrigeration units (eTRUs) for Class 8 commercial…
Amazon is planning to launch an “Amazon Freight Partners” program to help train delivery upstarts that would, in turn, join Amazon’s fleet of exclusive delivery partners, per a new report from The Information. The e-commerce…
Trailers are 13 feet, 6 inches high, right? That’s not always the case for Oakbrook, Ill.-based Hub Group, which developed a special 14-foot-high trailer designed for a dedicated customer based in California. Many western states allow 14-foot-high…
J&J Truck Bodies and Trailers, a division of Somerset Welding and Steel, appointed Nolan Link national trailer sales manager. “We are very excited to welcome Nolan to the J&J Team,” said Jason Cornell, director of…
The list of things to like from the current economic, freight and commercial vehicle demand perspectives is long, according to ACT Research’s latest release of the North American Commercial Vehicle Outlook. “From the freight perspective…
American Chemistry Council (ACC) recently presented its 2021 Responsible Care Partner of the Year Award to Highway Transport of Knoxville, Tenn. The 2021 Partner of the Year Award recognizes an ACC partner that demonstrates “superb…
Alabama authorities last month proposed a plan to place a toll on tractor trailers only to help fund the construction of a new bridge. During a news conference held in Spanish Fort, Ala., City of…
Record freight rates continue to push commercial vehicle demand beyond truck and trailer manufacturers’ ability to supply equipment in a timely manner, according to ACT Research. Preliminary reports indicate that February’s net order volume of…
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