Element Financial Closes Acquisition of GE's Fleet Unit

Element Financial Corp. has closed its acquisition of GE Capital's U.S. fleet business and will now turn its attention toward integrating the two entities, the Toronto-based company announced Aug. 31.

PacLease Names North American Franchise of the Year

Headquartered in Springfield, Missouri, TLG Peterbilt PacLease offers Peterbilt’s full line of medium- and heavy-duty trucks for lease and rental.

ZoomSafer Audit on Construction Company Found 62% of Employees Distracted

In an audit of a fleet of 100 FMCSA-regulated vehicles found that there were 450 cell phone distractions per day, 111 distractions per hour and four distractions per mile driven.

Navistar Reports Net 4Q Loss of $154 Million

Navistar International Corporation has announced a fourth quarter 2013 net loss of $154 million, or $1.91 per diluted share, compared to a fourth quarter 2012 net loss of $2.8 billion, or $40.13 per diluted share.

Reading Truck Group Closes Acquisition of Three PalFleet Sites

Reading Truck Group announced that it closed the acquisition of three upfitting facilities from PalFleet Truck Equipment Company, pursuant to a previously executed purchase agreement.

Toyota Plans Hybrid Version of Lexus LS430 Luxury Sedan

State of the Commercial Tire Industry in 2024

As transportation needs change, tiremakers must adapt to modernized fleets. What role does the tire industry have in helping fleets attain goals for safety, efficiency, and sustainability?

Mountain Tarp Expands Network of Installation and Repair Facilities

Mountain Tarp announces the opening of its newest tarping installation and repair facility in Winamac, Ind.

National Safety Council Predicts Fourth of July Road Deaths

The National Safety Council predicts that there will be a more than 6% increase in roadway fatalities during the Fourth of July weekend compared to a year ago with 565 deaths over the four days.