Oldies but goodies. Archive

BMW developing high-tech goggles

This wearable is an extension of the self-parking technology already installed in new BMW cars. Connecting with collision avoidance sensors and cameras in the vehicle, the goggles will project the car’s surroundings (like the pavement, pedestrians or oncoming traffic) onto the eyewear while the car’s chassis “disappears” as the driver looks over their

Union Pacific Promotes Lance Fritz to CEO

“I’m humbled and privileged to have the opportunity to lead Union Pacific,” new CEO Fritz said in a statement. “Our experienced leadership team is unparalleled and will continue to play a key role in shaping Union Pacific’s strategy. They join me in sharing all of our employees’ passion for our

Heavy Duty Trucking Honors Fleet Innovators

Heavy Duty Trucking has chosen 4 fleet executives as the 2015 HDT Truck Fleet Innovators. The winners “have consistently shown innovation in areas such as leadership, productivity, business practices, safety maintenance, spec’ing, technology, human resources, fuel efficiency [and] the environment,” says the magazine. Read more here.

US truckload rates to rise 4% to 9%

Tight truck capacity and low fuel prices will shift the balance of power between over-the-road trucking and intermodal rail this year, with some intermodal freight moving to truck despite rising truckload rates, according to Cass Information Systems and Avondale Partners. The freight payment company and investment research firm expect truckload rates

Japanese shipping firm exec admits price-fixing

A top executive of Japanese ocean shipping company Kawasaki Kisen Kaisha pleaded guilty Friday to conspiracy to fix prices for transporting cars and will serve a US prison sentence. Hiroshige Tanioka, who was general manager in K-Line’s car carrier division, admitted he had conspired with others in the industry to fix bids

Paccar Reports Record 2014 Revenues

“Paccar achieved the second-best annual net profit in the company’s history and the 76th consecutive year of net income,” said CEO Ron Armstrong. “Paccar’s financial results reflect the company’s products and services, increased North American truck deliveries, and growth in aftermarket parts revenues and Paccar Financial Services assets. I am