Schneider National launched a new digital marketplace that aims to give bulk shippers more flexibility and visibility, the carrier announced Aug. 4.
August 4, 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.
Allison Cites Resilient Demand in Q2 Revenue Gain
Allison Transmission Holdings Inc. reported gains in net income and revenue in the second quarter as demand continued.
August 4, 2022Nikola Reports $18.1 Million Revenue
Nikola Corp. reported its first meaningful revenue and said itās on track to deliver as many as 500 electric big rigs to customers this year.
August 5, 2022Orange EV Secures $35 Million From Outside Investor
Yard truck maker Orange EV announced Aug. 4 that it has secured $35 million from S2G Ventures ā its first large outside investor.
August 4, 2022TA Reports Strong Q2 Net Income, Revenue
TravelCenters of America Inc. reported second-quarter net income more than doubled and revenue soared amid favorable fuel purchasing conditions.
August 3, 2022Eaton Q2 Income Up; Revenue Flat
Eaton Corp. reported second-quarter net income rose and revenue was flat while segment margins were 20.1%, a quarterly record and above the high end of the guidance.
August 3, 2022Nikola Overcomes Founderās Opposition to Approve New Shares
Nikola Corp. shareholders approved a measure to issue new shares to potentially raise capital, a move that founder and former chair Trevor Milton had opposed.
August 3, 2022Volvo Plans to Make Its Own Batteries in Electric Truck Shift
Volvo AB plans to build a ālarge-scaleā battery plant in Sweden to meet an expected surge in demand for electric trucks and buses.
August 3, 2022Cummins in Q2 Notches Highest-Ever Quarterly Revenue
Cummins Inc. in Q2 posted all-time record quarterly revenue and solid profitability reflecting strength primarily in the North American market, the company announced Aug. 2.
August 3, 2022Pelosiās Taiwan Trip Spurs CATL to Pause EV Battery Plant Plans
A giant Chinese supplier of electric vehicle batteries decided to push back announcing a multibillion-dollar North American plant to supply Tesla Inc. and Ford Motor Co. due to tensions raised by House Speaker Nancy Pelosiās trip to Taiwan, according to people familiar with the matter.
August 2, 2022