Equipment

Self-driving truck technology developer Plus announced it signed a memorandum of understanding with Iveco, a brand of CNH Industrial N.V., to jointly develop autonomous trucks that will be deployed across China, Europe and other areas.

U.S. Class 8 retail sales in March jumped 33.7% to 22,031 as all truck makers posted gains compared with a year earlier, WardsAuto.com reported.

Utility Trailer Manufacturing Co. announced ConMet Preset Plus wheel end hubs as the standard base specification on all Utility trailer models.

Dobbs Truck Group announced it broke ground on its latest Peterbilt Motors Co. dealership, as well as Dobbs Truck Group corporate office in Sumner, Wash.

Volvo Group has signed a collaboration agreement with steel company SSAB to cover research and development of what Volvo called the world’s first vehicles to be made of fossil-free steel.

DETROIT — The global shortage of semiconductors has forced General Motors and Ford to further cut production at their North American factories as chip supplies seem to be growing tighter.

After carrying the weight of the global economy since World War II with little fanfare, the lowly shipping pallet is finally commanding some respect.

Peterbilt Motors Co. announced two new medium-duty box truck models — the 535 and 536 — aimed at the lease and rental segment; and two other models — the 537 and 548 — intended for the vocational “Class 7/8 market” that allow for multiple body builder integrations.

Royal Dutch Shell Plc expects to make its first profit from pumping oil since the start of the pandemic, the petroleum giant said.

Haldex said in its recently released annual report that the outlook for 2021 is positive as it continues its role as a global supplier of brake products and air suspension systems for heavy-duty trucks and trailers.