Fleet Advantage reports continued growth
Fleet Advantage completed the year with $232.6 million in lease origination along with additions of several new high-profile clients, according to the company. Fleet Advantage’s greenhouse gas initiative, highlighted by EXchangeIT, is continuing to demonstrate the changing mindset among fleet managers seeking to reduce operating costs by converting their equipment to a three- or four-year
Proper wheel maintenance contributes to efficiency, cost savings
Maintenance is a critical component of ensuring reliability and safety of fleets, their drivers and others on the road. Wheel maintenance is also a significant contributor to the overall efficiency, lifetime operating costs and appearance of commercial vehicle wheels. When wheels need continuous refurbishing, it can become maintenance and time intensive. Steel wheels require refurbishing,
Tire, wheel programs can help fleets reduce downtime
“The more you see them, the fewer problems you’ll experience,” says Walt Weller, vice president of sales at Double Coin Tire, the exclusive distributor of Double Coin products in North America. “One of the most expensive issues for fleets is road service for tires, and much of the time those are preventable problems.” Double Coin,
Penske Logistics acquires Transfreight North America
Penske Logistics has reached an agreement to acquire Transfreight North America, a provider of third-party logistics and supply chain solutions, from Mitsui & Co. Ltd. The financial terms of the deal were not disclosed. “The Transfreight and Mitsui management teams have built a well-run and respected business over the last 27 years,” said Penske Logistics
Kenworth chooses remote diagnostics telematics technology provider
PeopleNet has been selected by Kenworth to be the exclusive telematics provider for Kenworth’s remote diagnostics system that is being rolled out this summer for new Kenworth Class 8 trucks powered by Paccar MX-13 engines, according to the service provider. This technology will help fleets better manage the uptime of their vehicles by automatically notifying
TMW releases transportation, logistics study
The 2014 TMW Transportation & Logistics Study is now available from TMW Systems. In its second year, the industry benchmarking study has more than doubled the number of companies participating, with detailed results collected from more than 130 businesses representing the truckload irregular, truckload dedicated and brokerage/non-asset segments, according to TMW Systems. Designed to assist
Link debuts electronic air kit for UltraRide suspension
Link Manufacturing Ltd. introduced an improved compact Integrated Electronic Air Kit for its UltraRide chassis air suspension system. The UltraRide is designed to improve the ride and handling of light- and medium-duty work trucks, buses and emergency service vehicles, according to Link. The newly introduced small air kit’s footprint – less than 2-ft. of frame
FTR predicts deteriorating shippers conditions
FTR’s Shippers Conditions Index for January rose to a positive 2.6 reading. The positive reading reflects a one-month reaction to fuel price reductions and adjustment for reversal of the 2013 Hours of Service changes, according to the research firm. FTR noted that the index will fall back into neutral territory and deteriorate as the year
IdleAir announces milestones, future plans
This year, Convoy Solutions LLC celebrated its fifth anniversary operating as IdleAir. Over the past five years, Convoy Solutions has realized a number of milestones, it said. Since 2010, IdleAir has preserved its virtual motel network with more than 1,000 active rooms and more than 6,000 parking spaces of intact expansion capacity. Since 2011, IdleAir has
Volvo: ‘Connectivity will deliver uptime breakthroughs’
During the Heavy Duty Manufacturers Association 25th Annual HDMA Breakfast & Briefing held on March 27, Keynote Speaker Olof Persson, president of AB Volvo and chief executive officer, The Volvo Group, discussed the current trucking trends and innovations that are moving the industry forward. Among the most important trends is the move toward connected trucks
