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Traton, Navistar Agree to Definitive Merger

Fully embracing an alliance begun in 2017, the boards of directors at truck makers Traton SE and Navistar International Corp. approved a definitive agreement to merge, the companies announced Nov. 7.

November 9, 2020

Wabash Reports Q3 Earnings Decline, Prepares for Increased Demand

Trailer and truck body manufacturer Wabash National Corp. reported lower net income and revenue in the third quarter, and saw gains in its consolidated gross margin.

November 5, 2020

Class 8 Orders Spike in October

Preliminary net Class 8 orders for October, typically a bellwether month, were nearly 40,000 and the highest in 24 months, ACT Research reported.

November 5, 2020

Ford’s October Sales Fall as F-150 Factory Retooling Takes Toll

Ford Motor Co.’s U.S. sales fell 6.1% in October, dragged down in part by a factory overhaul to produce the redesigned version of its top-selling F-150 pickup.

November 4, 2020

Eaton Exceeds Own Expectations as Net Income, Revenue Fall

Eaton Corp. reported lower net income and revenue in the third quarter, but called it a stronger than expected performance.

November 3, 2020

Volvo, Daimler Sign Binding Agreement for Fuel Cell Joint Venture

The Volvo Group and Daimler Truck AG announced they have signed a binding agreement covering a previously announced joint venture to develop, produce and commercialize fuel cell systems primarily for heavy-duty trucks as well as other applications.

November 3, 2020

FlowBelow to Relocate Texas Headquarters

FlowBelow Aero Inc. announced it will move its Texas headquarters and manufacturing operations from Austin to Round Rock on Dec. 1.

November 2, 2020

US Manufacturing Gauge Expands at Fastest Pace Since 2018

U.S. manufacturing expanded in October at the fastest pace in more than two years, fueled by the strongest orders growth since early 2004 and a pickup in employment.

November 2, 2020

Paccar Adds Hoods to Aftermarket Parts

Paccar Parts added TRP Hoods to its growing line of all-makes collision parts.

November 2, 2020