Daimler AG and Jaguar Land Rover became the latest carmakers to warn of crimped sales as a result of the global semiconductor shortage, with the latter flagging that deliveries in the second quarter will be 50% worse than initially thought.
July 6, 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.
Class 8 Orders Clear 25,000 in June
Class 8 orders in June cleared 25,000 and bounced 61% higher than those placed a year earlier in the pandemic, ACT Research reported, citing truck makers’ preliminary data.
July 6, 2021Daimler, Volvo, Traton Form $593 Million Truck-Charging Venture
Daimler AG, Volvo AB and Traton SE plan to set up a joint venture for a high-performance charging network for battery-electric trucks and coaches across Europe to keep up with tightening regulation in the European Union.
July 6, 2021Industry, Regulators Target Higher Adoption Rates for Onboard Safety Technologies
Can a concerted outreach campaign convince more motor carriers to voluntarily embrace proven safety technologies, or will it take a potential regulatory mandate to drive adoption rates?
July 6, 2021LTL Trucking Enters Summer With Strong Tailwinds
The less-than-truckload sector is moving through summer with strong tailwinds at its back, experts say.
July 1, 2021Mack to Sell LR Electric Refuse Trucks to DSNY
Mack Trucks announced the New York City Department of Sanitation plans to purchase seven Mack LR Electric refuse models, which will operate in each of the city’s boroughs.
June 30, 2021FleetPride Partners With TRW for ZF Remanufactured Steering Gears
Aftermarket parts distributor FleetPride announced it reached a preferred supplier agreement to provide TRW-remanufactured steering gears from ZF.
June 29, 2021Average Used Class 8 in May Brings All-Time High Price
The average sales price for a used Class 8 vehicle sold in May set the all-time record, jumping ahead of April’s claim to that title, amid the trend of strong demand for trucks once again outpacing the available supply, ACT Research reported.
June 29, 2021Mack Opens Dedicated Production Line for Army Truck
Mack Defense, a unit of Mack Trucks, announced it is now producing heavy dump trucks at the Mack Experience Center, after a $6.5 million investment to create a dedicated production line at the facility in Allentown, Pa.
June 25, 2021Mullen Group Completes Acquisition of Two Companies
Mullen Group has closed acquisitions on two transportation businesses, the Okotoks, Alberta, company announced June 24.
June 25, 2021