Operations

American Trucking Associations’ Technology & Maintenance Council and Decisiv Inc., said that parts and labor expenses stabilized during the first quarter of 2023, according to data released in the latest Decisiv/TMC North American Service Event Benchmark Report.“Fleets are weathering the impact of aging trucks and higher parts prices, and are addressing the need for technicians,” said Decisiv President and CEO ...

The American Transportation Research Institute released a new report that assesses the impacts of marijuana legalization on the trucking industry. The analysis, which was a 2022 top priority of ATRI’s Research Advisory Committee (RAC), covers several critical topics related to state-level marijuana legalization, including: a review of the latest demographic trends in marijuana legalization; an overview of research and data related ...

Now that the winter is behind us, dealers are reflecting on how things went financially and how to shift gears for the remainder of the year to get back on track with their annual profit targets. If you were like most full-service dealers, you experienced a mix of ups and downs over the course of this past winter. For the ...

Reit Energy of Warminster, Pa., acquired assets related to the delivered fuels, HVAC, and plumbing business of Walter A. Dwyer, Inc., of Ambler, Pa., Cetane Associates announced. With beginnings dating back to 1875, merely ten years after the U.S. Civil War, Dwyer has a lengthy history that includes selling building materials, coal, oil, heating services, boilers, and plumbing. Its founder, ...

Heating and cooling industry finance veteran Jeffrey Simpson announced the formation of private investment firm Notch Capital, LLC to partner with founder and family-owned fuel distribution, HVAC and home services companies. The firm will invest private capital for majority business purchases and equity recapitalizations. Notch Capital will structure acquisition transactions to permit owners to sell their stake in its entirety ...

Checkout pages are critical to your business’ website. There are two choices. Marci Gagnon explains. Marci Gagnon When it comes to designing your website, it’s crucial that you make your checkout page as convenient, simple and easy to navigate as possible for your customers. After all, the checkout page is where your customers ultimately decide to place an order or ...

Cetane Associates announced that Bob Williamson joined its financial advisory firm as Director, effective April 1. Williamson has spent the last thirty-plus years managing home services that include retail propane/delivered fuels, HVAC, plumbing, home security, swimming pool, lawn and tree care, and pest control industries. Much of his career has involved engagement in acquisitions, business consulting, and transition planning. He ...

Connecticut imposed a new per-mile truck tax on Class 8 through Class 13 motor vehicles, effective Jan. 1, 2023. The Connecticut Business & Industry Association reports that the Department of Revenue Services recently issued guidance for the highway user fee, enacted by the legislature in 2021, to assist trucking companies with compliance. “According to the nonpartisan Office of Fiscal Analysis, the tax is ...

Sail Energy of Portsmouth, N.H., acquired the assets related to the full-service propane and heating oil delivery and HVAC business of Klebe Fuel Co., whose primary office is in Winsted, Conn. Matthew “Matt” T. Klebe founded Klebe Fuel in 1989. Starting as a heating oil business, the company grew in 1997 with the addition of a service department, in 2011 ...

Sail Energy LLC, of Portsmouth, New Hampshire, has acquired the assets related to the full-service propane and heating oil delivery and HVAC business of Tower Energy LLC and its affiliates located in Plainville, Connecticut. The transaction closed on Feb. 1, 2023. In 2004, Tower Energy was founded by Nicholas Scata, who purchased separate entities Tower Energy and Plainville Oil Company. ...