Equipment

Nikola Corp. founder and former chairman Trevor Milton raised about $77 million selling shares in the electric truck manufacturer, days after pleading not guilty to charges he misled investors to hype the stock.

Refrigerated warehouse operator Americold Realty Trust saw revenue rise in the second quarter but swung to a loss for the period because of disruptions in the global food supply chain.

The Environmental Protection Agency on Aug. 5 announced plans to reduce greenhouse gas emissions and other harmful air pollutants from heavy-duty trucks in a series of major rulemakings over the next three years.

Transport Topics has launched a digital event series that spotlights its supplemental publications, and featured its new Calibrate equipment-focused magazine and redesigned iTECH technology publication in its debut episodes.

Class 8 orders poked along in July at about 25,000, ACT Research reported as order boards appear full for the remainder of this year.

Inspectors removed 6,710 commercial motor vehicles and 2,080 drivers from roadways — a 16.5% vehicle and 5.3% driver out-of-service rate — over the May 4-6 International Roadcheck, the Commercial Vehicle Safety Alliance announced.

Commercial vehicle supplier CVG reported higher second-quarter net income and record quarterly revenue as it continued to diversify its customer base and emphasize secular growth.

Continental AG, Europe’s second-biggest supplier of car parts, warned the global bottleneck in chip supply and raw material cost inflation will drag on the auto industry through the rest of the year.

Meritor Inc. reported increases in net income and revenue for its fiscal third quarter amid gains in the North American truck market.

Omnitracs has entered into a partnership with PrePass Safety Alliance to provide PrePass, the weigh station bypass application, on its Omnitracs One platform.