Ryder System Inc. has launched Ryder TranSync, an automated tool for providing customers of Ryder Dedicated or Transportation Management Solutions with dynamic transportation planning.
China's heavy and medium truck and tractor markets remained soft in the first quarter of 2015. Total sales (domestic and export) were just over 135,000 heavy trucks and tractors in Q1'15, compared to approximately 162,000 units sold in Q4'14, a decline of more than 33 percent year over year and 16 percent quarter over quarter. This was reported in the most recent China Commercial Vehicle Outlook, jointly published quarterly by ACT and China's State Information Center (SIC). The Outlook includes an overview of the China economy and a review and forecast of China's heavy and medium-duty truck and bus markets, as well as analysis of OEM market shares within China.
New "clean truck" standards have been proposed by the U.S. Environmental Protection Agency and the Department of Transportation to improve fuel economy and reduce pollution from the nation's freight trucks and buses.
TNT is deploying seven 3.5-tonne electric express delivery vehicles for its operations in and around Amsterdam and Rotterdam, The Netherlands, as a partner of Freight Electric Vehicles in Urban Europe, an urban e-mobility project supported by the European Commission. FREVUE seeks to demonstrate to industry, consumers and policy makers how electric vehicles can meet the growing need for sustainable urban logistics.
U.S. average rates on the spot truckload market remained elevated during the week ending June 13, according to DAT Solutions, which operates the DAT network of load boards. Rates in all three equipment categories held firm on the heels of big increases during the first week of June.
Whilst welcoming the positive news of rising employment in the United Kingdom, the chief executive of the Road Haulage Association, Richard Burnett, has warned that a chronic skills shortage continues to affect the UK road haulage industry.
Ryder System Inc. has extended its U.S. preferred lender agreement with CIT Group Inc., a provider of commercial lending and leasing services, to include Ryder customers in Canada.