Fleets that have been at the forefront of testing electric trucks are gaining insights into how these new vehicles perform in real-world freight operations.
April 24, 2020Search
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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.
Diagnostics Could Ease Adoption of Electric Trucks
The advance of diagnostic programs has improved maintenance and uptime for diesel trucks, and it appears the same will be true for electric-powered vehicles.
April 24, 2020Volvo Group Reports Q1 Net Income, Revenue Setbacks
Volvo Group reported first-quarter net income and revenue fell amid lower truck orders and deliveries as the coronavirus pandemic intensified.
April 23, 2020March Net Trailer Orders Dip Below 7,600, ACT Research Says
Net U.S. trailer orders slipped below 7,600 in March as cancellations sliced the gross tally nearly in half, and production slowed, ACT Research reported.
April 23, 2020Alcoa Cuts Supply and Pulls Outlook for Reeling Aluminum Market
One of the most recognizable names in the aluminum market offered little optimism for the industry as it’s rocked by the coronavirus crisis.
April 23, 2020Paccar Sees Q1 Net Income, Sales Fall
Paccar Inc. reported lower net income and revenue in the first quarter as it reacted to weaker demand and the coronavirus, leading to temporary plant closures and lower truck deliveries.
April 21, 2020Commercial Vehicle Production to Fall 20% Globally in 2020, IHS Forecasts
Global commercial vehicle production will plunge 20% this year compared with 2019, with the North American market slumping more than 30%, according to an analysis from IHS Markit.
April 20, 2020Wabash Announces Temporary Idling, Furlough
Wabash National Corp. announced plans to implement a two-week idling of operations and companywide furlough from April 20 to May 3.
April 20, 2020Phillips Industries Promotes Rob Phillips to CEO
Phillips Industries announced Rob Phillips succeeded his father, Bob Phillips, as CEO, effective March 15.
April 20, 2020Greenbrier Suspends Railcar Operations at Oregon Facility
The Greenbrier Cos. is cutting hundreds from its workforce and suspending railcar production at its Portland, Ore., facility due to the economic impact of the coronavirus, the company announced April 16.
April 20, 2020