Electrified powertrain company Hyliion Holdings Corp. announced it is set to join the broad-market Russell 3000 Index at the conclusion of the 2021 Russell indexes annual reconstitution.
June 18, 2021Search
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Perspective: Pivotal Opportunity to Repeal FET
Congress and President Joe Biden are currently focused on improving America’s infrastructure, with a key sticking point being how to pay for the improvements. This debate presents an opportunity for Congress to finally resolve funding for the insolvent Highway Trust Fund by replacing antiquated funding mechanisms — such as the federal excise tax on heavy-duty trucks and trailers — with solutions that are more reflective of today’s transportation landscape.
June 21, 2021Bridgestone Invests in Kodiak Robotics
Bridgestone Americas announced it made a minority investment in self-driving truck technology company Kodiak Robotics Inc.
June 18, 2021Xos Forms Powertrain Division
Electric truck manufacturer Xos Inc. announced it established a new powertrain division called Powered by Xos.
June 18, 2021Labor, Driver Shortages Delay Commercial, Military Moves
The moving industry is facing mammoth labor and truck driver shortages during the peak military moving season and an explosion of moving demands in the commercial market, possibly delaying unscheduled summer moves until August or September, according to American Trucking Associations' Moving and Storage Conference.
June 16, 2021GM to Spend More on Electric Vehicles, Add Battery Plants
DETROIT — General Motors will raise its spending on electric and autonomous vehicles and add two U.S. battery factories as it gambles that consumers will eagerly switch from gasoline to the new technology.
June 16, 2021May Medium-Duty Sales Climb 36% From 2020 Period
U.S. retail sales in May for Classes 4-7 improved 36% compared with a year earlier, as all but the heaviest class showed strong gains, WardsAuto .com reported.
June 16, 2021US to Seek Automated Braking Requirement for Heavy Trucks
The National Highway Traffic Safety Administration has announced plans “over the next year and beyond” to issue a new proposal that would set standards and require heavy trucks to be equipped with automatic emergency braking systems.
June 14, 2021May Trailer Orders Mark Year’s Low Point
U.S. trailer order volume was the lowest of the year but well above last year’s comparable results that were depressed by the coronavirus pandemic.
June 11, 2021New Colors for CentriFuse Brake Drums
Motor Wheel, the manufacturer of CentriFuse brake drums and Crewson brake adjusters, announced the re-colorization of its CentriFuse brake drums to differentiate the products from what the company called imitations and off-shore clones.
June 11, 2021