Equipment Manufacturers Shift to Counter Supply Chain Uncertainty
Some major equipment manufacturers said they are rethinking their operations and taking new steps to confront volatility in the supply chain.
November 9, 2021FMCSA Announces Final Rule Requiring Annual Inspections of Rear Underride Guards
The Federal Motor Carrier Safety Administration has issued a final rule amending safety regulations to specifically add rear underride impact guards as a required item on the list of annual inspections for motor carriers and roadside inspectors.
November 9, 2021Rivian IPO Puts Slow Race to Commercial EV to Public Market Test
Eleven years after Tesla Inc. went public with a market value of less than $2 billion, one of its most closely watched competitors is following in its tire treads with a much richer valuation.
November 9, 2021Dorsey Intermodal Set to Deliver 5,000 Chassis to S.C. Ports
Dorsey Intermodal is on track to fulfill an agreement to supply more than 5,000 new chassis for the South Carolina Ports Authority, the trailer manufacturer announced Nov. 8.
November 8, 2021Twitter Users Back Musk Selling 10% of Stake
Tesla Inc. declined after Elon Musk’s Twitter followers voted in favor of selling 10% of his stake in a poll set up by the electric car chief.
November 8, 2021Arbon Equipment Acquires Pugleasa
Milwaukee-based Arbon Equipment Corp., a wholly owned subsidiary of Rite-Hite, announced it acquired Pugleasa Co. Inc., a loading dock and industrial door sales and service organization headquartered in Arden Hills, Minn.
November 8, 2021$10 Billion Rivian IPO Would Be Seventh-Largest on Record
Rivian Automotive Inc., the electric truck maker backed by Amazon .com Inc., has elevated the marketed range of its initial public offering to raise as much as $10 billion.
November 5, 2021Navistar Adds Fleetrite Aftermarket Retail Stores
Navistar Inc. announced its Fleetrite all-makes and models aftermarket truck and bus parts segment opened five more retail locations.
November 5, 2021DOE Provides $128 Million for Electrified Truck Development
The Department of Energy's Office of Energy Efficiency and Renewable Energy is providing funding to five original equipment manufacturers as part of its SuperTruck 3 initiative.
November 5, 2021FleetPride Acquires Garden Spot Frame & Alignment
FleetPride Inc. announced it acquired the assets of Denver, Pa.-based Garden Spot Frame & Alignment.
November 5, 2021