Paccar Inc. notched record quarterly revenue and soaring net income in the first quarter, benefiting from a truck market that continues to climb.
April 24, 2018Business, Equipment
Paccar Sets Record for Quarterly Revenue
Business, Equipment
Caterpillar Gives Vote of Confidence to Global Economy
Caterpillar Inc. raised its earnings forecast in a sign that industries from mining to energy are gaining momentum amid a stronger global economy — assuming no trade wars.
April 24, 2018Business, Equipment
Volvo Reports Higher Quarterly Net Income, Revenue as North American Orders Soar
AB Volvo reported first-quarter net income and revenue increased despite supply chain constraints in North America’s surging truck market.
April 24, 2018Business, Technology, Equipment, Fuel
Electric Buses Starting to Dampen Demand for Diesel
Electric buses were seen as a joke at an industry conference in Belgium seven years ago when Chinese manufacturer BYD Co. showed an early model.
April 24, 2018Business, Equipment
GE Is in Talks to Unload Rail Business in Deal With Wabtec
General Electric Co., the beleaguered manufacturer undergoing a strategic review, is in talks to sell its century-old locomotive business to rail-equipment maker Wabtec Corp., according to people familiar with the matter
April 23, 2018Business, Equipment
VTNA President Göran Nyberg Moves to VW Bus and Truck Division
Göran Nyberg, the president of Volvo Trucks North America, has moved to Volkswagen AG’s European subsidiary MAN Truck & Bus, spurring Volvo to name a veteran to fill Nyberg’s role on an acting basis.
April 23, 2018Business, Equipment
Stemco Offers Automatic TrailerTail
Stemco Products Inc. announced its TrailerTail Automatic fuel-saving system, the newest version of its signature TrailerTail products. It deploys automatically when the trailer reaches 35 mph.
April 23, 2018Business, Equipment
Hino to Launch Class 8 Series in Canada in 2019
Hino Motors Canada announced it will assemble the new Class 8 Hino XL Series in Woodstock, Ontario, beginning in early 2019.
April 23, 2018Government, Business, Equipment, Safety, Logistics, Autonomous
Capitol Agenda for the Week of April 23: Denham Amendment
Rep. Jeff Denham (R-Calif.), Rep. Henry Cuellar (D-Texas) and Rep. Jim Costa (D-Calif.) are seeking consideration on the House floor for an amendment that aims to clarify regulations related to motor carriers in a 1994 aviation policy law. Here's the week ahead for trucking on Capitol Hill.
April 23, 2018Business, Technology, Equipment, Autonomous, TCA
Could Self-Driving Bulldozers Help Fix A Housing Shortage?
As the yellow and black bulldozer-like machine zoomed around the construction site preparing the ground for 700 new houses, all that was missing was someone in the driver’s seat.
April 23, 2018