Lordstown Motors Corp., the electric-truck startup formed specifically to save a shuttered Ohio car factory, has acquired the highly politicized plant from General Motors Co.
November 7, 2019Fleet 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.
GM Sells Shuttered Lordstown, Ohio, Assembly Plant to Electric Vehicle Startup
Elon Musk Schedules Blade Runner-Inspired Pickup Truck Unveiling for Nov. 21
Tesla Inc. Chief Executive Officer Elon Musk set a date for the debut of the electric-car makers first pickup and further tied the truck to the famous sci-fi movie that inspired its design.
November 6, 2019Titanium Reports Softer Q3 Earnings
Titanium Transportation Group was profitable in the third quarter of 2019, but earnings were below 2018s strong numbers.
November 6, 2019Wabash Posts Higher Q3 Earnings, Record Revenue
Wabash National Corp. reported higher earnings and record third-quarter revenue, citing growth in final-mile and commercial trailer products, and higher sales prices.
November 6, 2019Meritor Offers New e-Axles for Global Market
ATLANTA Meritor Inc. announced it expanded its electric drivetrain business and developed friction material with reduced levels of copper ahead of the regulatory deadline, launched an air disc brake package and enhanced certain axles.
November 5, 2019October Class 8 Orders Highest in 11 Months
Preliminary net Class 8 orders for October, a bellwether month, were 22,100 and the highest in 11 months, ACT Research reported.
November 5, 2019Operational Cost of Trucking Up 7.7%, ATRI Report Says
The costs associated with trucking have increased substantially, according to a new report from the American Transportation Research Institute.
November 4, 2019Omnitracs Resolves ELD Disruption That Had Drivers Reverting to Paper Logs
Technology company Omnitracs announced its electronic logging devices that had experienced outages caused by an infrequent update to Global Positioning System operations are now functional.
November 4, 2019VWs Traton Joins Rivals in Warning Demand for Trucks Is Souring
Volkswagen AGs Traton truck-making division echoed competitors in warning its intensively preparing for a much more difficult environment next year.
November 4, 2019Mack Trucks Union Workers Approve Labor Agreement
Mack Trucks announced late on Nov. 3 that United Auto Workers members ratified a four-year collective bargaining agreement with the company. The contract covers more than 3,500 Mack workers across six facilities in Pennsylvania, Maryland and Florida.
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