Class 8 retail sales in July neared 17,000 and improved 16.3% compared with a year earlier, but landed at the year’s second-lowest level, WardsAuto .com reported.
August 19, 2021Search
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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.
Eaton Profits, Revenue Soar in Q2
Eaton Corp. reported second-quarter net income and revenue surged while segments margins set a record for the quarter.
August 11, 2021July US Trailer Orders Hit Lowest Level of 2021, FTR Reports
U.S. trailer orders in July slid some more, barely clearing 8,000 units and setting a new low point of this cycle, FTR reported.
August 19, 2021Uber-Backed Joby Aviation Goes Public; Share Price Slides
Joby Aviation, which promises to build and operate a commercial fleet of aerial taxis by 2024, will begin trading Aug. 11, testing the imaginations of public investors.
August 11, 2021Bridgestone Breaks Ground on Expansion of Kentucky Air Springs Plant
Bridgestone Americas broke ground on a $51 million expansion to its air springs production facility in Williamsburg, Ky., the company said recently.Â
August 9, 2021Xos to Supply FedEx Ground With 120 Medium-Duty EVs
Xos Inc., a manufacturer of Classes 5-8 electric commercial vehicles, announced an agreement to deliver 120 zero-emission, medium-duty electric trucks to 35 different FedEx Ground operators in five states.
August 9, 2021Startup TextLocate Seeks to Improve Freight Tracking
In today’s digitally connected world, the status and location of most freight shipments can be immediately determined by GPS trackers, phone apps or simply making a cellphone call to the trucker hauling the package for delivery.
August 9, 2021Maersk’s Green Shipping Plan Runs Up Against Scarce Cooking Oil
A.P. Moller Maersk A/S’s efforts to become carbon-neutral face an unusual hurdle: There isn’t enough used cooking oil to make the biofuel that powers the vessels.
August 9, 2021Kenworth T680 Next Generation Earns EPA SmartWay Designation
One of Kenworth Truck Co.’s new models received a government designation certifying its energy efficiency and reduced emissions, the original equipment manufacturer announced Aug. 5.
August 9, 2021Nikola’s Indicted Ex-Chairman Milton Sells $77 Million of Stock
Nikola Corp. founder and former chairman Trevor Milton raised about $77 million selling shares in the electric truck manufacturer, days after pleading not guilty to charges he misled investors to hype the stock.
August 9, 2021