Latest News Updates From Keiron Greenhalgh

Business, Equipment

Continental Slashes 2023 Truck Tire Sales Forecast

Continental AG slashed its expectations for North American commercial vehicle replacement tire sales in 2023.

November 8, 2023
Business

Daimler Truck Posts Lower Earnings in Q3

Profits at Daimler Truck Holding AG in the third quarter fell on the back of lower sales due to supply constraints and the absence of a tax benefit that boosted the year-ago period’s results.

November 7, 2023
Government, Business, Fuel

Diesel Price Slides 8.8¢ to $4.366 a Gallon

The national average diesel price fell 8.8 cents to settle at $4.366 a gallon, according to Energy Information Administration data released Nov. 6.

November 6, 2023
Business, Equipment, Fuel

Tevva Files Suit Against ElectraMeccanica in Arizona

Tevva Motors Ltd. filed suit against ElectraMeccanica Vehicles Corp. Nov. 3 as the dispute between the onetime partners in building a Class 8 hydrogen-powered truck escalates.

November 6, 2023
Logistics

Schneider Q3 Profit Slumps, Misses Analyst Expectations

Profits at Schneider in the third quarter of 2023 slumped 72% year-over-year in what the company believes was the most challenging phase of the ongoing freight recession.

November 3, 2023

TeraWatt Breaks Ground on First Heavy-Duty Truck Facility

TeraWatt Infrastructure broke ground Nov. 2 on its first heavy-duty electric truck charging site in California, the company said.

November 3, 2023
Business, Equipment

Mack Trucks Launches Subscription-Based Leasing for MD Electric

SONOMA, Calif. — Mack Trucks on Oct. 30 launched ElectriFi Subscription, a usage-based leasing option for the MD Electric truck.

November 2, 2023
Business, Equipment, Fuel

Mack Trucks Showcases MD Electric Truck in California

SONOMA, Calif. — Mack Trucks showcased its medium-duty MD Electric truck Oct. 30 through Nov. 1 at Sonoma Raceway.

November 2, 2023
Business, Equipment

Cummins Profit Soars as Meritor Deal Boosts Revenue

Cummins Inc. posted a 64% year-over-year jump in profits in the third quarter of 2023 as the acquisition of axles and brakes specialist Meritor continued to boost the company’s bottom line.

November 2, 2023
Business, Technology, Equipment

Eaton Q3 Profit Jumps, Beats Analyst Expectations

Profits at Eaton Corp. jumped year-over-year in the third quarter, but executives are not optimistic about commercial vehicle prospects in 2024.

November 1, 2023