According to the latest reports, negotiators have reached a tentative contract covering West Coast dockworkers. It is anticipated that it will end a protracted labor dispute that has stalled international trade at seaports handling $1 trillion worth of cargo annually. The tentative contract reached Friday evening still must be approved by the 13,000-member International Longshore […]
If you’re looking to green your fleet, now may be the best time to do so. Crosspoint Kinetics last month announced that its Kinetics Hybrid for class 3-7 trucks and buses qualifies for Drive Clean Chicago vouchers which would reimburse up to 80% of the cost for a Kinetics Hybrid as part of an ongoing […]
TransCore Link Logistics Canadian Freight Index has started 2015 by continuing last year’s trend of high load volumes — near the highest ever. Though month-over-month and year-over-year load volumes decreased one and 18 percent, respectively, January set the second-highest recorded volumes compared to the same month in any year. Noticeable shifts in cross-border load volumes […]
As Ford ramps up production of the all-new F-150, the company has announced it will add 1,550 new jobs across its Kansas City Assembly, Dearborn Stamping, Dearborn Diversified and Sterling Axle facilities in the first quarter of 2015. The new jobs will support production and growing customer demand for the recently launched 2015 Ford F-150. […]
As fuel prices drop, the shift away from smaller, more fuel-efficient vehicles could result in lower wholesale vehicle prices and marginally slow the asset performance of auto asset backed security (ABS) transactions according to the latest research. According to Fitch, the group “expects used vehicle supply to rise in 2015 and place pressure on wholesale […]
BYD Motors Inc. has officially unveiled the world’s first long range, 100% battery electric over-the-road coach bus. Named the BYD C9, it is a two-axle, 40′ coach with the seating capacity to carry 47 people at highway speed for over 190 miles. The BYD C9 is the first of three 100% battery electric coaches the […]
