Power management company Eaton announced its Vehicle Group formed a new ePowertrain business unit, which will focus on products from Eaton’s electrified vehicle transmission, reduction gearing and differential portfolios.
February 22, 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.
Cummins to Buy Parts Manufacturer Meritor for $3.7 Billion
Engine maker Cummins Inc. is acquiring components manufacturer Meritor in a $3.7 billion cash deal announced Feb. 22.
February 22, 2022Kenworth Receives Its Largest Order to Date for BEVs
Kenworth Truck Co. announced it received its largest Kenworth battery-electric vehicle order placed to date. Jack Khudikyan, owner of AJR Trucking and MDB Transportation, ordered 15 Kenworth T680E and 10 Kenworth K270E battery-electric vehicles from Inland Kenworth in Montebello, Calif.
February 18, 2022Lion Electric Launches New Financing Division
Lion Electric Co. announced the launch of LionCapital Solutions, a new division dedicated to providing customers with flexible financing options specifically tailored to the medium- and heavy-duty electric vehicle market.
February 18, 2022Allison Reports Q4 Increases in Net Income, Revenue
Allison Transmission Holdings Inc. reported Q4 net income nearly doubled as diluted earnings per share jumped 117% and revenue in the period climbed 20%.
February 17, 2022Rush Q4 Results Powered by Aftermarket Business
Rush Enterprises reported gains in fourth-quarter net income and revenue largely on the strength of its aftermarket segment and sales of used vehicles.
February 17, 20222022 TMC Photo Gallery
Photos from American Trucking Associations' 2022 Technology & Maintenance Council annual meeting in Orlando, Fla., March 7-10, 2022.
March 5, 2022Oshkosh Decision to Build Mail Trucks in South Carolina Questioned
Major manufacturer Oshkosh Defense says it’s sticking with South Carolina for its $155 million mail truck plant, despite efforts by Wisconsin officials and union leaders to keep the company’s new investment in their state. The Oshkosh, Wis.-based company expects to hire 1,000 workers in South Carolina’s Upstate.
February 16, 2022Truck Driving Simulator Excites Idaho High School Students
A new Idaho Trucking Association program using a truck simulator traveling to high schools appears to be paying off, by getting teens interested in driving careers.
February 16, 2022US Factory Output Rises as Firms Navigate Supply Constraints
Production at U.S. factories rose modestly in January, suggesting manufacturers gradually are working through pandemic-related shortages of materials and labor that hobbled output in the prior month.
February 16, 2022