Paccar Inc. reported sharply lower third-quarter net income and revenue as its aftermarket presence, financial services and rebounding truck production bolstered the results.
October 20, 2020Search
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VTNA Awarded $21.7 Million in Grants to Deploy Electric Trucks
VTNA said it was awarded $21.7 million in federal and state grants to deploy 70 VNR Electric trucks in Southern California for regional freight distribution and drayage.
October 19, 2020Traton, Navistar Reach Agreement on $3.7 Billion Buyout
Traton SE announced Oct. 16 it had agreed to Navistar International Corp.’s condition of a per-share price of $44.50 and will acquire all shares it does not already own as part of a $3.7 billion purchase of the U.S. truck maker.
October 16, 2020September Trailer Orders Surge Past 50,000
U.S. trailer orders in September went through the roof — preliminarily clearing 50,000 — to reach the third-highest monthly total ever, analysts said.
October 15, 2020Bollinger Motors to Build Battery Packs for Its Electric Trucks
Oak Park, Mich.-based electric-vehicle startup Bollinger Motors on Oct. 15 said it will produce its own battery packs for its vehicles according to a new design it developed and for which it has submitted a patent.
October 15, 2020Fiat Chrysler to Invest Up to $1.1 Billion in Canadian Plants
Fiat Chrysler Automobiles NV agreed to invest as much as $1.1 billion (C$ 1.5 billion) in one of its two assembly plants in Canada as part of a tentative agreement reached with more than 9,000 local autoworkers.
October 15, 2020Cummins Set to Produce 2021 EPA-Compliant On-Highway Engines Jan. 1
Cummins Inc. announced its 2021 heavy-duty X12 and X15 series engines that are Environmental Protection Agency emissions-compliant are in limited production with full production scheduled for Jan. 1.
October 14, 20202020 MCE Photo Gallery
Photos from American Trucking Associations' 2020 Management Conference & Exhibition, held virtually Oct. 19-23 and 26-28, 2020, due to the coronavirus pandemic.
October 13, 2020September Medium-Duty Sales Flat
Classes 4-7 U.S. retail sales were flat in September compared with a year earlier, reaching 20,268, steadied by a 36.4% gain in the Classes 4-5 segment
October 13, 2020September Class 8 Sales Highest for the Year
U.S. Class 8 retail sales in September climbed above 19,000 to the highest point of the year, but were down nearly 33% compared with year-ago levels.
October 13, 2020