Category: News

Sunoco has completed its $24 million acquisition of Brenco Marketing Corp.’s fuel-distribution business.

Mack Trucks and Volvo Trucks have improved upon their over-the-air feature, which allows for updates to occur while a driver has downtime, such as while at a rest stop or home.

Billionaire investor Carl Icahn agreed to sell American Railcar Industries Inc. for $1.34 billion, quintupling his investment as a freight boom spurs a rebound in demand for rail equipment.

AxleTech and Thor Trucks have partnered to create a fully electric commercial vehicle powertrain, according to an Oct. 16 press release. The two will integrate AxleTech’s e-axle technology with Thor’s proprietary battery technology.

The Department of Transportation’s Inspector General has begun a congressionally mandated audit of the Federal Motor Carrier Safety Administration’s “corrective action plan” intended to revamp the agency’s Compliance, Safety, Accountability Program methodology.

Commercial vehicle supplier Wabco Holdings Inc. reported third-quarter net income and revenue rose on gains in North America and India.

Marathon Petroleum Corp., the largest U.S. oil refiner after its $23.3 billion acquisition of rival Andeavor this month, is weighing a plan to start sales of high-ethanol gasoline at its stations in Minnesota, according to people familiar with the matter.

Uber Technologies Inc. has started Powerloop, a trailer leasing and rental business to support drop-freight opportunities for carriers and shippers using its Uber Freight load-matching network.

Former Camco Clean Energy executive Andy Dvoracek joins Amp Americas.