The North American Class 8 market kicked off the opening of order boards for next year with September figures below a prior-year surge, according to ACT Research.
October 5, 2023Fleet Equipment News
Commercial freight transportation is a machine-based business. Highly technical equipment and advanced engineering are at the center of supply chain and require constant innovation. Transport Topics equipment coverage focuses on the machines and other physical assets that make delivery possible. It looks closely at available truck, trailer, and chassis models, developments in the engineering space, and maintenance innovations and best practices.
Class 8 Orders Season Launches Below Year-Ago High Point
Nikola Celebrates Entry Into HFCEV Market
Hydrogen fuel cell electric vehicles will be delivered to customers within a few weeks, company says.
October 5, 2023Rivian Plans to Issue $1.5 Billion in Convertible Debt
Rivian Automotive Inc. shares fell the most ever after the electric-vehicle maker announced plans to issue $1.5 billion in convertible debt.
October 5, 2023Trailer OEMs Work to Keep Up With Supply, Labor Demands
Trailer manufacturers are whittling down pandemic-related backlog, but some #supplychain headwinds persist. Steve Brawner has the details. #equipment #manufacturing
October 4, 2023Ford Electric F-150 Sales Drop 46% as Deliveries Delayed
Ford Motor Co. reported sales of its F-150 Lightning plug-in pickup fell 46% in the third quarter as the automaker expanded its factory and delayed delivery of trucks for “quality checks.â€
October 4, 2023US Automakers’ Sales Rose Sharply Over the Summer
DETROIT — Automakers posted big increases in new vehicle sales during the summer, despite high prices, rising interest rates and even a limited strike against Detroit companies.
October 4, 2023Cummins Unit Completes Acquisition of Faurecia Plants
Cummins Emission Solutions completed the acquisition of two Faurecia commercial vehicle manufacturing plants in Indiana and the Netherlands for $208.56 million, Cummins Inc. said.
October 3, 2023Texas to Invest $240 Million in 31 Port Projects
Thirty-one port projects in Texas will begin receiving an estimated $240 million in state funds to improve those facilities and bolster the state’s supply chains.
October 3, 2023Hendrickson Buys Brake Component Specialist Brunner
Hendrickson acquired commercial vehicle brake component specialist Brunner for an undisclosed sum Oct. 2, the Woodridge, Ill.-based company said.
October 3, 2023Mack Trucks Reaches Tentative Agreement With UAW
Mack Trucks and the United Auto Workers Union have announced they’ve come to a tentative agreement, which now avoids any potential strike among thousands of workers at the Lower Macungie, Pa., plant.
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