Tribe Transportation Grows Trailer Fleet
Tribe Transportation announced it expanded its fleet with 111 new 53-foot trailers equipped with Carrier Transicold X4 7500 refrigeration units to help it meet demand in the fast-growing life sciences sector, including transport of pharmaceutical products.
February 10, 2021Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
Class 8 Retail Sales Rise 7.7% in January
Class 8 U.S. retail sales in January improved 7.7% compared with a year earlier, reaching 16,844 compared with 15,645 in 2020, WardsAuto .com reported.
February 10, 2021Battery-Electric Technologies Face Challenges, Cummins’ Linebarger Says
The challenge for emerging battery-electric technologies is the systems have not yet demonstrated benefits that will drive the commercial vehicle market’s adoption of them, Cummins Inc.'s CEO said.
February 10, 2021Plus Signs Agreement for Lidar Sensors From Ouster
Plus, a developer of automated truck technology, announced Ouster Inc. will provide its digital lidar sensor to outfit key elements of Plus’ automated truck system.
February 10, 2021ZF Expands US Transmission Production
ZF Friedrichshafen AG announced it is investing $200 million in commercial vehicle transmission manufacturing in North America.
February 9, 2021DTNA Announces Detroit Brand ePowertrain
Daimler Trucks North America announced its proprietary Detroit ePowertrain for the upcoming Freightliner eCascadia and Freightliner eM2 models, and plans a $20 million investment in its Detroit brand manufacturing facility that will serve as the North American source of Detroit ePowertrain components.
February 9, 2021Hyzon SPAC Merger Includes $400 Million Investment
Fuel cell truck startup Hyzon Motors Inc. agreed to a merger with blank-check company Decarbonization Plus Acquisition Corp. in a deal that values the two combined at more than $2 billion.
February 9, 2021American Tire to Eye $1 Billion Refinancing Post Bankruptcy
Bankers for American Tire Distributors Inc. are sounding out investors on a junk bond sale that would help the company refinance its debt more than two years after exiting bankruptcy, according to people with knowledge of the matter.
February 8, 2021Daimler Restructuring ‘Dream Come True,’ Martin Daum Says
The head of Daimler’s global truck operation believes the upcoming restructuring into a separate company positions it to accelerate growth in terms of both innovation and financial opportunity.
February 8, 2021CEO Hawkins Says Yellow Well-Positioned as Economy Improves
With hundreds of new tractors and trailers already purchased and more on the way, the company formerly known as YRC Worldwide is poised to be highly competitive in the LTL freight sector, according to its CEO.
February 5, 2021