Nikola Corp. posted quarterly sales above expectations as production of its battery-electric trucks ramped up, but didn’t provide updated guidance on its previous goal of delivering at least 300 trucks this year.
November 3, 2022Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
TravelCenters of America Prospers in Q3
TravelCenters of America Inc. reported net income and revenue rose in the third quarter as it delivered slightly more diesel and less gasoline, and achieved a 24.9% increase in fuel gross margin.
November 2, 2022Self-Driving Veteran Jur van den Berg Joins Waabi
Autonomous truck developer Waabi has expanded its leadership team by hiring self-driving vehicle technologist Jur van den Berg as its principal software engineer.
November 3, 2022Jacobs Showcases New Valvetrain Systems With Demo Truck
THOMPSON, Conn. — Jacobs Vehicle Systems on Nov. 1 showcased new cylinder deactivation and active decompression systems while launching the third iteration of its demonstration truck to highlight the new technologies.
November 2, 2022Korean Air to Check Airbus A330 Fleet After Runway Overshoot
Korean Air Lines Co. will inspect the remaining 24 Airbus SE A330 aircraft in its fleet after one overshot a runway in the Philippines last month, the carrier’s president said Nov. 2.
November 2, 2022Maersk Warns of Worsening Container Demand and Inflation
One of the world’s biggest shipping companies just issued a downbeat assessment of the global economy, saying container demand will fall as much as 4% this year.
November 2, 2022Tesla Gives Demo to California DMV Probing Self-Driving Claims
Tesla Inc. demonstrated a beta version of its driver-assistance system for California transportation officials, including outside consultants the automaker previously sought to bar from the event.
November 1, 2022Eaton Notches Record Quarterly Segment Margins of 21.2%
Diversified supplier Eaton Corp. reported lower net income and higher revenue in the third quarter as it notched record quarterly segment margins of 21.2% — above the high end of guidance and 1.3% above the same quarter in 2021.
November 1, 2022Embark Launches Nine Sites for Pilot Operations
Embark Trucks Inc. announced the launch of the nine-site, coast-to-coast backbone of the Embark coverage map, preparing key Sun Belt markets to be served by fleet partners.
November 1, 2022Congress Looks to States for Highway Trust Fund Revenue Solution
As electric vehicles appear more and more to be the future of transportation in America, the decades-old method of funding the nation’s roads and bridges with gasoline taxes will soon be a relic of its past.
November 1, 2022