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Industrial Opportunity Partners (IOP) has announced it has partnered with the current management team and owners of Monroe Truck Equipment, Inc. in an investment to support a recapitalization of the business. Terms of the transaction were not disclosed.
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The average price of a gallon of unleaded gasoline rose 8.3 cents to $2.274 for the week ending Feb. 16 for a second consecutive week of rising petroleum-based fuel prices.
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Lightning Hybrids, developer and manufacturer of hydraulic hybrid systems for medium- and heavy-duty trucks and buses, will introduce the application of its first emission-reducing brake regeneration technology on a walk-in box truck.
Read More →Motion Industries, Inc. a wholly owned subsidiary of Genuine Parts Company, has entered into a definitive agreement whereby Motion Industries has agreed to acquire Miller Bearings, Inc., headquartered in Orlando, Fla., in the first quarter of 2015.
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South Korean-based Hyundai announced it's making a big push in the commercial vehicle market, and published reports indicate it plans to introduce a van model into the U.S. market.
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Ricky Beggs will retire from Black Book on April 1 as one of the leading authorities in the vehicle remarketing industry after a 34-year career with the used-vehicle data provider.
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The U.S. Postal Service will meet with automotive manufacturers in Washington, D.C., this week to field questions about its proposal to replace its aging delivery fleet with a next-generation vehicle, according to federal records.
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For field workers in the utility industry, this infographic provides insight on how tablets are used and where the industry is heading in using this mobile technology.
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Here is some safety advice, provided by the Wisconsin Department of Transportation, on how to merge onto a major highway. It's a driving task that demands total focus.
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The final tally for vehicle safety recalls last year shattered the previous record of 30.81 million in 2004.
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