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Cummins Tackles Chip Shortage, Production Issues

Engine production issues go beyond the semiconductor chip shortage, Cummins Chief Financial Officer Mark Smith said Nov. 10 during the 51st Annual Baird Global Industrial Conference.

November 12, 2021

Toyota December Production Outlook Shows Supply Woes Are Easing

Toyota Motor Corp. is targeting a level of output in December higher than what it’s seen in recent years, a sign that supply disruptions may be receding.

November 12, 2021

Post IPO, Rivian Pursues Stand-Alone Battery Plant

Fresh off a $12 billion initial public offering, Rivian Automotive Inc. is investing in a dizzying array of expansion projects and actively pursuing a site for a stand-alone battery factory in addition to a pair of new vehicle-assembly plants already planned.

November 12, 2021

Rivian’s Trading Debut Pushes Value to Almost $88 Billion

Rivian Automotive Inc. ended its first day as a public company valued at almost $88 billion, more than tripling its last private valuation after investors piled into 2021’s biggest initial public offering.

November 10, 2021

Class 8 Sales Falter in October

Class 8 U.S. retail sales in October fell nearly 10% compared with a year ago as three truck brands grew sales while four could not, WardsAuto .com reported.

November 10, 2021

Hyliion Reports Net Loss, No Income for Q3

Hyliion Holdings Corp. reported a wider third-quarter net loss and no revenue as it worked to bring its two electrified powertrain solutions for Class 8 trucks to market.

November 10, 2021

Isaac, Trimble Among First to Receive ELD Certification in Canada

A handful of electronic logging devices have now received certification for Canada’s federal ELD mandate.

November 10, 2021

Rivian Set for IPO That Will Rank as Year’s Biggest

Electric vehicle-maker Rivian Automotive Inc. priced shares in its initial public offering at $78 apiece to raise about $11.9 billion, according to people familiar with the matter.

November 9, 2021

Optimize Trucking & Freight Capabilities with Connected Vehicle Data

Are you using big data for intelligent routing & optimization? This ebook explores how big data helps you unlock highly granular and accurate mobility insights to optimize routing and planning, expand in-car delivery options and create a better experience for drivers.

November 1, 2021