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Caterpillar Says Chip Shortage May Hurt Equipment Deliveries

Caterpillar Inc. is warning of potential impacts ahead due to a global chip shortage, putting a damper on better-than-expected earnings for the world’s biggest maker of mining and construction equipment.

April 29, 2021

Wabash Posts Higher Q1 Profits, Raises Full-Year Guidance

Trailer maker Wabash National Corp. returned to first-quarter profitability compared with a year earlier and increased its full-year guidance on revenue.

April 28, 2021

N.Y. Bill Orders All-Electric Truck Sales by 2045

ALBANY, N.Y. — The state Senate on April 26 passed a bill that would essentially mandate that all new passenger cars sold in the state run on electric power by 2035 and trucks and other heavy duty vehicles run on electricity by 2045.

April 27, 2021

Paccar Reports Surge in Q1 Net Income

Truck maker Paccar Inc. reported a surge in net income and improved revenue in the first quarter as its parts business achieved record revenue and pretax profits amid strong demand and booming e-commerce sales.

April 27, 2021

Unpaid Taxes Another Troubling Sign for Lordstown Motors

CLEVELAND — The failure of Lordstown Motors, an Ohio-based electric truck startup, to pay $570,000 in real estate taxes due in early March is yet another troubling sign for a company that has been barraged by bad news this year.

April 27, 2021

Ford to Open Battery Research Lab in Electric Vehicle Push

Ford Motor Co. is building a $185 million battery research lab as part of a push to build its own power sources for plug-in cars.

April 27, 2021

Rush Reports Q1 Jump in Net Income, Revenue Flat

Truck dealership Rush Enterprises Inc. reported first-quarter net income nearly doubled and revenue was essentially flat as the company maintained a strict focus on managing expenses.

April 27, 2021

ELD Data Shows Effectiveness, Expert Says

New research and inspection data shows that electronic logging devices are largely on target to reach their goals of improving road safety and simplifying tracking hours of service, according to a technology expert.

April 26, 2021

Cummins, Tula Test Achieves Reduced Emissions

Cummins Inc. and Tula Technology Inc. announced Tula’s diesel Dynamic Skip Fire (dDSF) software was effective in reducing nitrogen oxides and carbon dioxide emissions on a Cummins X15 HD Efficiency Series diesel engine.

April 26, 2021