Tag: Trucking News

Iteris Unveils Powerful New Asset Management SaaS Solution

ClearAsset Enables Remote Lifecycle Management of Intelligent Transportation System Assets for State, Regional and Local Transportation Agencies ClearAsset helps transportation agencies track and maintain inventory and operational status of equipment deployed in the field or warehoused, conduct lifecycle analysis, and monitor performance over time. Asset management SaaS solution increases device uptime for better overall operations, […]

Hino Trucks Begins Real World Testing and Validation of Allison’s Next Generation Fully Electric Axle on Track for Production Launch

The Allison eGen PowerTM 100D e-Axle Commences Testing and Validation in Hino’s XL heavy duty vehicles. INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions, is pleased to report that Hino Trucks has completed the vehicle integration, and commenced testing and validation of Allison’s next generation eGen PowerTM 100D […]

VSE Corporation Awarded ~$100 Million Sole-Source Bridge Contract With U.S. Navy

ALEXANDRIA, Va.–(BUSINESS WIRE)–VSE Corporation (NASDAQ: VSEC, “VSE,” or the “Company”), a leading provider of aftermarket distribution and maintenance, repair and overhaul (MRO) services for land, sea and air transportation assets for government and commercial markets, today announced that its Federal and Defense segment has been awarded a 12-month, ~$100 million contract by Naval Sea Systems […]

Spartan Acquisition Corp. III Stockholders Approve Previously Announced Business Combination with Allego Holding B.V.

Spartan stockholders have approved the previously announced business combination at the Special Meeting held on March 8, 2022 Transaction Expected to Close Week of March 14, 2022 PARIS & ARNHEM, Netherlands & NEW YORK–(BUSINESS WIRE)–Spartan Acquisition Corp. III (“Spartan”) (NYSE: SPAQ), a publicly traded special purpose acquisition company, today announced that stockholders of record as […]

Convoy Named to Fast Company’s World’s Most Innovative Companies List for 2022

Digital freight network recognized for use of technology and data to solve problems of waste and inefficiency in the trucking industry SEATTLE–(BUSINESS WIRE)–Convoy, the nation’s leading digital freight network, has been named to Fast Company’s annual list of the World’s Most Innovative Companies for 2022 in the Logistics category. This year’s list recognizes 528 organizations […]

Overseas Shipholding Group Reports Fourth Quarter and Full Year 2021 Results

TAMPA, Fla.–(BUSINESS WIRE)–Overseas Shipholding Group, Inc. (NYSE: OSG) (the “Company” or “OSG”), a leading provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, today reported results for the fourth quarter and full year 2021. Shipping revenues for the fourth quarter 2021 were $95.5 million, an increase of $1.5 […]

West Coast Terminal Operators Expand Actions to Relieve Supply Chain Pressure

LONG BEACH, Calif.–(BUSINESS WIRE)–The West Coast MTO Agreement (WCMTOA) today provided an update on measures underway to mitigate the effects in Southern California of the continued surge in cargo impacting global supply chains. WCMTOA comprises the 12 international container terminals serving the Port of Los Angeles and Port of Long Beach. These measures include: Empty […]