Commercial Vehicle Group reported a narrower net loss in the fourth quarter compared with a year earlier and higher revenue, including record revenue in its electrical systems segment.
March 10, 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.
Oshkosh Acknowledged Weakness on EVs Before Win in Postal Deal
Oshkosh Corp. executives cautioned investors that they lacked expertise in building electric vehicles several months before the company won a lucrative U.S. Postal Service contract to build next-generation mail-delivery vans with batteries or internal-combustion engines.
March 10, 2021Navistar Reports Net Loss in FY Q1, Along With Market Share Gains
Navistar International Corp. reported a fiscal first-quarter net loss as well as a dip in revenue and market share gains for Classes 6-8 vehicles compared with a year earlier.
March 9, 2021Biden Executive Order Calls on Agencies to Prioritize 'Environmental Justice'
A sweeping executive order from President Joe Biden calls for a review of all Trump-era environmental regulations with a focus on the issue of “environmental justice,” an effort to cut greenhouse gas emissions in low-income and minority communities across the United States that, in many cases, are located near where heavy trucks operate.
March 9, 2021Port Officials, Retailers See Congestion Lasting for Months
Long delays at the nation’s ports are causing companies to rethink their long-term strategies about where their products are manufactured and how to get them to customers.
March 9, 2021Mack Lightens Suspension, Adds Active Steering on Certain Models
Mack Trucks announced improved weight savings on its mRide suspension and the availability of its active steering system on certain models during the virtual 2021 Work Truck Show.
March 9, 2021Ford Telematics Now Available for Non-Ford Commercial Vehicles
Ford Motor Co. is making its telematics system available to all commercial vehicle manufacturers, the company announced.
March 8, 2021Driverless Truck Startup Plus Seeks SPAC Merger
Self-driving truck startup Plus is in advanced talks with a few special purpose acquisition companies for a merger, as it seeks to bankroll its expansion in the autonomous driving industry, according to people familiar with the matter.
March 8, 2021Penske Agrees to Acquire Kansas City Freightliner
Penske Automotive Group Inc. announced it entered into an agreement to acquire Kansas City Freightliner, a retailer of medium- and heavy-duty commercial trucks.
March 5, 2021The 5 Challenges Fleet Maintenance Must Overcome to Get Lean
With a steep technician shortage and tightened capacity stretching fleets to their limits, maximizing vehicle availability is critical. In this white paper, learn how predictive analytics are helping shops get lean and drive operational efficiency, talent retention, and profitability.
March 4, 2021