Transportation technology provider Cubic Corp. has acquired Sugar Land, Texas-based Trafficware for about $235.7 million in cash, according to an Oct. 24 statement.
Author: Transport Topics
United Rentals Agrees to Acquire BlueLine Rental
United Rentals Inc. has agreed to purchase BlueLine Rental, a construction equipment rental business based in The Woodlands, Texas, from Platinum Equity for $2.1 billion in cash.
Class 8 Orders Push Higher 12 Months After Surge Began
North American Class 8 orders hit 43,600 in October, up 21% from a year earlier when the strong current cycle in orders began, ACT Research Co. reported, citing preliminary data that will be updated when final numbers from truck makers are available la…
Rush Debuts Stock Repurchase of Up to $150 Million
Rush Enterprises Inc., the only publicly traded network of commercial vehicle dealerships in North America, announced a new stock repurchase program of up to $150 million of its shares of common stock.
Shell Lubricants Announces Synthetic Oil for Trucks With Gasoline Engines
Shell Lubricants next year will introduce Shell Rotella Gas Truck, a full synthetic engine oil for towing and hauling in gasoline-powered pickup trucks and SUVs.
Zonar, Cummins Partner on Engine Diagnostics
Fleet management services provider Zonar and engine maker Cummins Inc. announced that they are offering joint customers Cummins Connected Diagnostics with Connected Advisor, two wireless uptime technologies that are included with Cummins engines.
Haldex, Wabash Sign Standard Position Agreement
Haldex and Wabash National Corp. announced an agreement through 2021 for Haldex to be the standard brake adjuster and actuator supplier on the Wabash, Transcraft, Benson, Brenner, Beall, Walker and bulk trailer brands.
Haldex, Wabash Sign Standard Position Agreement
Haldex and Wabash National Corp. announced an agreement through 2021 for Haldex to be the standard brake adjuster and actuator supplier on the Wabash, Transcraft, Benson, Brenner, Beall, Walker and bulk trailer brands.
Paccar Parts Opens Distribution Center in Toronto
Paccar Parts opened a new 160,000-square-foot parts distribution center in Toronto, intended to increase parts availability and maximize uptime for customers across eastern Canada.
Mark Van Port Fleet Appointed Michigan DOT Director
Michigan Gov. Rick Snyder recently announced that longtime Michigan Department of Transportation employee Mark Van Port Fleet will serve as the agency’s new director.