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Tribe Transportation Grows Trailer Fleet

Tribe Transportation announced it expanded its fleet with 111 new 53-foot trailers equipped with Carrier Transicold X4 7500 refrigeration units to help it meet demand in the fast-growing life sciences sector, including transport of pharmaceutical products.

February 10, 2021

Battery-Electric Technologies Face Challenges, Cummins’ Linebarger Says

The challenge for emerging battery-electric technologies is the systems have not yet demonstrated benefits that will drive the commercial vehicle market’s adoption of them, Cummins Inc.'s CEO said.

February 10, 2021

Plus Signs Agreement for Lidar Sensors From Ouster

Plus, a developer of automated truck technology, announced Ouster Inc. will provide its digital lidar sensor to outfit key elements of Plus’ automated truck system.

February 10, 2021

ZF Expands US Transmission Production

ZF Friedrichshafen AG announced it is investing $200 million in commercial vehicle transmission manufacturing in North America.

February 9, 2021

DTNA Announces Detroit Brand ePowertrain

Daimler Trucks North America announced its proprietary Detroit ePowertrain for the upcoming Freightliner eCascadia and Freightliner eM2 models, and plans a $20 million investment in its Detroit brand manufacturing facility that will serve as the North American source of Detroit ePowertrain components.

February 9, 2021

Hyzon SPAC Merger Includes $400 Million Investment

Fuel cell truck startup Hyzon Motors Inc. agreed to a merger with blank-check company Decarbonization Plus Acquisition Corp. in a deal that values the two combined at more than $2 billion.

February 9, 2021

American Tire to Eye $1 Billion Refinancing Post Bankruptcy

Bankers for American Tire Distributors Inc. are sounding out investors on a junk bond sale that would help the company refinance its debt more than two years after exiting bankruptcy, according to people with knowledge of the matter.

February 8, 2021

Daimler Restructuring ‘Dream Come True,’ Martin Daum Says

The head of Daimler’s global truck operation believes the upcoming restructuring into a separate company positions it to accelerate growth in terms of both innovation and financial opportunity.

February 8, 2021

CEO Hawkins Says Yellow Well-Positioned as Economy Improves

With hundreds of new tractors and trailers already purchased and more on the way, the company formerly known as YRC Worldwide is poised to be highly competitive in the LTL freight sector, according to its CEO.

February 5, 2021