North American Class 8 orders kicked off the year by reaching 42,200 in January, up 146% from a year earlier when they were 17,204, ACT Research reported, citing truck makers’ initial data.
February 4, 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.
Peterbilt Introduces Redesigned Model 579 Flagship
Peterbilt Motors Co. has unveiled a restyled version of its Model 579 flagship on-highway truck that offers a 7% fuel economy improvement compared with the truck it replaces, which was launched in 2012.
February 4, 2021Wabash National Posts Lower Q4 Earnings
Wabash National Corp. reported lower net income and revenue in the fourth quarter as new trailer shipments fell.
February 4, 2021Meritor Reports Lower Fiscal-Year Q1 Earnings, Revenue
Meritor Inc. reported a decline in net income, largely due to interest expenses, and a dip in revenue during its fiscal first quarter.
February 3, 2021California Leads in Electric Vehicle Policies, Practices, Energy Nonprofit Says
California is by far the national leader in enabling the use of electric cars and medium- and heavy-duty electric trucks, according to a state-by-state evaluation of electric vehicle policies and practices compiled by a leading nonprofit energy efficiency group.
February 3, 2021Eaton Reports Higher Q4 Net Income
Power management company Eaton Corp. reported higher fourth-quarter net income and a decline in revenue.
February 3, 2021Knight-Swift Acquires Majority Stake in Software Company Eleos
Knight-Swift Transportation Holdings Inc. announced it acquired a majority stake in Eleos, a Greenville, S.C.-based software company that provides a mobile driver workflow platform for trucking fleets and truck operators.
February 2, 2021TruckLabs’ TruckWings Gains First Canadian Fleet Customer
TruckLabs announced J&R Hall, a Canadian family owned and operated trucking company, became the first Canadian fleet to adopt TruckLabs’ patented TruckWings technology.
February 2, 2021Mack Trucks Names New Regional Vice Presidents
Mack Trucks appointed Zach Bourn regional vice president of the U.S. western region and Jeff Oldham regional vice president of the U.S. central region.Â
February 1, 2021Intermodal Council Scores Win in Latest Round of Ongoing Case Against Ocean Carriers
The Federal Maritime Commission judge overseeing the $1.8 billion case between the Intermodal Motor Carriers Conference of American Trucking Associations and the Ocean Carriers Equipment Management Association has rejected OCEMA’s appeal to have the case stayed.
February 1, 2021