PS Logistics announced that it has purchased all substantial transportation assets of Patriot Transit and Patriot Logistics. Financial terms were not disclosed.
August 12, 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.
Volvo Delivers Electric Class 8 Truck to New York Metro Area
Volvo Trucks North America has delivered its first electric-powered Class 8 truck on the East Coast to New York-based Manhattan Beer Distributors.
August 12, 2021Lawsuit Could Delay Replacement for Aging Postal Fleet
The delivery of new USPS trucks set for 2023 could be delayed.
August 12, 2021Detroit Supplies Most Class 8 Engines Overall in 2021 First Half
Detroit, the engine brand of Daimler Trucks North America, supplied the most Class 8 engines in North America during the first half of this year, nudging past independent engine maker Cummins Inc. by 1,344Â units or 1.1 percentage points.
August 11, 2021July Class 8 Sales Are Second-Lowest of 2021
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, 2021Eaton 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, 2021