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Navistar Reports Drop in Fiscal Q3 Earnings

A near 50% decline in truck sales, caused by the impact of COVID-19 on the economy, resulted in Lisle, Ill.-based Navistar International Corp. reporting sharp losses in its fiscal third quarter.

September 9, 2020

Fortistar, Paloma Dairy Partner on RNG Production to Fuel Trucks

Private investment firm Fortistar and large family-owned Paloma Dairy announced they are constructing a dairy digester facility to capture methane and produce renewable natural gas to fuel the Class 8 market, as well as for a public utility.

September 9, 2020

Omnitracs Acquires Onboard Video Firm SmartDrive

Trucking technology supplier Omnitracs has agreed to acquire SmartDrive Systems, one of the transportation industry’s largest providers of onboard cameras and video-based safety systems.

September 9, 2020

Great Dane, Aurora Parts & Accessories Form Strategic Partnership

Great Dane and Aurora Parts & Accessories announced a strategic partnership combining Great Dane’s service to the goods mobility industry with Aurora’s aftermarket operational expertise, distribution services and digital platforms.

September 8, 2020

The Lion Electric Co. Secures Order From CN for Electric Trucks

The Lion Electric Co. announced a memorandum of understanding for Class I freight railway CN to acquire 50 heavy-duty zero-emission trucks for intermodal use to reduce greenhouse gas emissions.

September 8, 2020

Uber Freight Expands Enterprise Shipping Offerings

Uber Freight launched two new software solutions aimed at expanding its enterprise shipper offerings, the company announced Sept. 8.

September 8, 2020

House Panel Considers Rural Energy Aid Bill

Legislation meant to assist rural electric cooperatives was scheduled for consideration by the U.S. House Energy and Commerce Committee on Sept. 9.

September 8, 2020

Tesla Shares Plunge After GM’s Nikola Stake, S&P Omission

Tesla Inc. shares slid on Sept. 8 after the electric-vehicle maker missed out on being included in the S&P 500 Index, taking investors who had bet on its entry to the benchmark by surprise.

September 8, 2020

Peterbilt Offers Lease Deal on New 220EV

Peterbilt Motors Co. announced an introductory lease offer on its Model 220EV through PacLease. The zero-emission cabover truck is intended for the Class 6 and Class 7 segments.

September 8, 2020