A flurry of reports over the past few days speculate that GE Transportation will be sold to a longtime supplier, Westinghouse Air Brake Technologies Corp., which does business as Wabtec Corp.
April 25, 2018Search
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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.
Jaguar CEO Ralf Speth Says Nobody Can Go It Alone in Autonomous Driving
Jaguar Land Rover, which is teaming with Waymo to develop autonomous vehicles, is testing the technology predominantly in the United Kingdom and sharpening efforts to make the roads safer with such cars, CEO Ralf Speth said.
April 25, 2018China’s Uber for Trucks Is Said to Raise $1.9 Billion in Funding
Full Truck Alliance Group, China’s biggest app for Uber-like truck services, raised $1.9 billion in funding to fuel its expansion, sources familiar with the matter said.
April 25, 2018Orders Rise, but Market Share Falls for Mack Trucks in First Quarter
Everybody knows about the up-and-down, cyclical nature of the heavy-duty truck market. But as Mack Trucks proved in the first quarter, sometimes you can be up — and down — at the same time.
April 25, 2018Bosch Claims Breakthrough That Can Save Diesel Engines
Robert Bosch GmbH said its engineers have developed a new diesel-exhaust system that cuts emissions far below legal limits taking effect in 2020 and can help automakers avoid potential driving bans in Europe that threaten to doom the engine technology.
April 25, 2018Ryder System Posts Higher Sales, Lower Profits in First Quarter
Ryder System generated record revenue and lower net earnings in the first quarter as strong sales for the Miami-based equipment leasing and logistics service provider were offset by a write-down of goodwill for its operations in the United Kingdom and higher expenses associated with the sale of used vehicles.
April 24, 2018Trail King, Goldhofer Reach Distribution Agreement
Trail King Industries announced it would become the exclusive U.S. and Canadian distributor of highway trailers made in Germany by Goldhofer AG, which also will become the sole distributor of Trail King products globally.
April 24, 2018Yamato, DeNA Test Autonomous Delivery System in Japan
On April 24, Yamato Transport Co. and DeNA Co. tested an autonomous vehicle delivery service to gauge the potential of self-driving technology in the field of logistics.
April 24, 2018Paccar Sets Record for Quarterly Revenue
Paccar Inc. notched record quarterly revenue and soaring net income in the first quarter, benefiting from a truck market that continues to climb.
April 24, 2018Caterpillar Gives Vote of Confidence to Global Economy
Caterpillar Inc. raised its earnings forecast in a sign that industries from mining to energy are gaining momentum amid a stronger global economy — assuming no trade wars.
April 24, 2018