A wrinkle has emerged in the yearlong, multibillion-dollar battle between rival railroad giants Canadian National Railway and Canadian Pacific Railway Ltd. over which of the Class I railroads will own and operate the smaller, but strategically important, freight carrier Kansas City Southern.
March 2, 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.
NextGen EkoStinger Fairing Boosts Fuel Savings in Test
Mesilla Valley Transportation Solutions announced that the NextGen EkoStinger, an aerodynamic fairing for Class 8 tractor-trailers, boosted fuel mileage.
March 2, 2022Ford Reorganizes to Run EV, Engine Businesses Separately
Ford Motor Co. will separate its fast-growing electric vehicle operations from its legacy combustion engine business in a historic reorganization of the 118-year-old company.
March 2, 2022CVG Reports Higher Q4 Net Income, Revenue
CVG, a supplier to the commercial vehicle industry and others, reported increased net income and revenue in the fourth quarter on the strength of its vehicle solutions business, its largest segment.
March 2, 2022January Class 8 Retail Prices for Used Trucks Soar to New High
January’s average retail sales price for a used Class 8 truck burst past $88,000 to set a new monthly record and post an 83.2% gain compared with a year earlier, ACT Research reported.
March 1, 2022Lucid Sinks After Cutting Production Goal on Commodity Woes
Lucid Group Inc. slumped after lowering its production target for this year to between 12,000 and 14,000 cars, down from a previous goal of 20,000, citing “extraordinary” challenges with logistics and its supply chain.
March 1, 2022Toyota to Resume Japan Production After Supplier Cyberattack
Toyota Motor Corp. will resume work at all its Japanese factories March 2 after a one-day shutdown, limiting the fallout from a cyberattack on one if its key suppliers.
March 1, 2022Class 8 Truck Makers, Buyers Struggle to Get in Sync on Orders
No one asked for these challenges: not the truck buyers staring at a rising tide of freight demand, and not truck makers delivering as many new heavy-duty trucks as they can to customers, but still way too few.
February 28, 2022Blacklisted Chinese Chipmaker Seeks Vindication in US Trial
A Chinese chipmaker blacklisted by Washington as a technology thief more than three years ago is getting a chance to prove it was wrongly accused.
February 28, 2022Toyota Idles All Japan Plants Due to Supplier System Outage
Toyota Motor Corp. will suspend output at all of its Japan factories on March 1 following disruptions to a supplier’s systems, marking another setback for the world’s top auto producer.
February 28, 2022