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Nikola Q4 Loss Dives 30.8% as R&D Costs Fall

Losses at Class 8 vehicle manufacturer Nikola Corp. narrowed 30.8% year-over-year in the fourth quarter of 2023 as research and development costs plummeted.

February 22, 2024

Volvo Stays Positive on Class 8 Truck Sales Prospects in ’24

Volvo Trucks North America is forecasting a solid year for Class 8 sales, but expects activity soon for a pre-buy of new trucks ahead of federal emission rules taking effect in 2027.

February 22, 2024

Rivian Plans to Cut 10% of Salaried Staff as EV Rush Stalls

Rivian Automotive Inc. shares fell in early trading after the electric vehicle maker issued a disappointing production forecast and announced another round of job cuts.

February 22, 2024

FMCSA Planning New Study on Detention Time

FMCSA is planning an in-depth research study that will analyze data collected by approximately 80 carriers and 2,500 drivers to help determine the frequency and severity of detention time.

February 22, 2024

Five Questions: Chris DeMillo, Leonard's Express

Chris DeMillo was promoted to vice president of information technology in September after holding several IT positions since joining the company in 2005.

February 23, 2024

ZF Eyes US Commercial Vehicle Drivetrain Sales Expansion

Some of component manufacturer ZF’s latest product launches are set to service the growth in trucks using nontraditional fuels.

February 21, 2024

Short-Term Funding Bills Unlikely, Senior Republican Says

As Congress faces a government funding deadline March 1, House Republicans are unlikely to be asked to consider another short-term fix to avert a shutdown.

February 21, 2024

Virginia Officials Laud WCS Logistics’ Cold Storage Expansion

Virginia Gov. Glenn Youngkin announced a $27 million cold storage expansion by WCS Logistics along the Interstate 81 trucking corridor in Frederick County.

February 21, 2024

Autonomous Trucking Landscape Is Shifting Rapidly

The anticipated benefits of autonomous trucking have attracted an influx of entrepreneurs determined to bring highly automated driving technology to the commercial vehicle market.

February 23, 2024