Diversified supplier Commercial Vehicle Group Inc. reported net income fell sharply and revenue slipped in the first quarter as it dealt with challenges on three fronts.
May 24, 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.
Hyliion Q1 Revenue Rises on Sales of Hybrid ePowertrain
Hyliion Holdings Corp. reported a net loss and higher revenue in the first quarter as it worked to move its core electric products into the market.
May 23, 2022Experts Urge Preparation Now for Transition to EVs
SCOTTSDALE, Ariz. — Sometime in the 2020s or early 2030s a growing number of traditional longhaul trucks could be running on hydrogen fuel cell systems while vans and trucks running regional and local routes — in the 150- to 250-mile per day range or going in and out of ports — will rely on battery-electric propulsion systems.
May 23, 2022Fleets Find Challenges in Rising Maintenance Costs, Parts Shortages
With a laundry list of hurdles facing many trucking companies, the focus on preventive maintenance becomes clearer as fleets are adding alternative suppliers and providers, and stockpiling inventory to help control costs and reduce downtime.
May 24, 2022Ports Maintain High Volumes in April
Imports continue to dominate the cargo at the nation’s ports, and the nation’s busiest — the Port of Los Angeles — reported its second-busiest April in its 115-year-plus history,
May 23, 2022Average Age of US Cars Hits Record 12.2 Years
Cars on U.S. roads are as old as they’ve ever been, potentially complicating efforts to expand the use of new safety and emissions-reduction technologies.
May 23, 2022Hyundai Announces $5.5 Billion EV Plant in Georgia
ELLABELL, Ga. — Hyundai Motor Group confirmed May 20 the company will spend $5.5 billion on a huge electric vehicle plant near Savannah that will employ thousands — a deal Georgia’s governor called the largest economic development project in the state’s history.
May 20, 2022Groups Urge Cautious Approach With EPA NOx Proposal
Transportation groups expressed general support for the goal of reducing nitrogen oxides emissions in comments filed with federal regulators regarding a proposal to set stricter NOx limits for trucks, but cautioned against an overly aggressive approach that could be harmful to motor carriers’ operations and ability to serve the public.
May 19, 2022ATA’s Chris Spear Touts Efforts to Address Parking, Training at Mid-Year Session
SCOTTSDALE, Ariz. — American Trucking Associations President Chris Spear said the group’s recently completed Mid-Year Management Session tackled key issues facing the industry, but stressed that much work remains to address the biggest challenges confronting motor carriers.
May 19, 2022Daimler to Deploy 800 eCascadias to Sysco
Food service distributor Sysco Corp. and Daimler Truck North America jointly announced Sysco’s letter of intent to deploy 800 battery-electric Freightliner eCascadia Class 8 tractors by 2026.
May 19, 2022