Equipment
Commercial freight transportation is a machine-based business. Highly technical equipment and advanced engineering are at the center of supply chain and require constant innovation. Transport Topics equipment coverage focuses on the machines and other physical assets that make delivery possible. It looks closely at available truck, trailer, and chassis models, developments in the engineering space, and maintenance innovations and best practices.
Cummins Posts Higher Q4 Earnings, Revenue
Cummins Inc. reported higher earnings and revenue in the fourth quarter amid gains in both its engines and components business segments in China and India.
Old Dominion Posts Q4 Gains in Earnings, Revenue
Old Dominion Freight Line reported gains in fourth-quarter profit and revenue and, despite the COVID-19 pandemic, finished 2020 with a rise in net income.
Class 8 Orders in January Clear 40,000
North American Class 8 orders kicked off the year by reaching 42,200 in January, up 146% from a year earlier when they were 17,204, ACT Research reported, citing truck makers’ initial data.
Peterbilt Introduces Redesigned Model 579 Flagship
Peterbilt Motors Co. has unveiled a restyled version of its Model 579 flagship on-highway truck that offers a 7% fuel economy improvement compared with the truck it replaces, which was launched in 2012.
Wabash National Posts Lower Q4 Earnings
Wabash National Corp. reported lower net income and revenue in the fourth quarter as new trailer shipments fell.
Meritor Reports Lower Fiscal-Year Q1 Earnings, Revenue
Meritor Inc. reported a decline in net income, largely due to interest expenses, and a dip in revenue during its fiscal first quarter.
California Leads in Electric Vehicle Policies, Practices, Energy Nonprofit Says
California is by far the national leader in enabling the use of electric cars and medium- and heavy-duty electric trucks, according to a state-by-state evaluation of electric vehicle policies and practices compiled by a leading nonprofit energy efficiency group.
Eaton Reports Higher Q4 Net Income
Power management company Eaton Corp. reported higher fourth-quarter net income and a decline in revenue.
Knight-Swift Acquires Majority Stake in Software Company Eleos
Knight-Swift Transportation Holdings Inc. announced it acquired a majority stake in Eleos, a Greenville, S.C.-based software company that provides a mobile driver workflow platform for trucking fleets and truck operators.
February 2, 2021TruckLabs’ TruckWings Gains First Canadian Fleet Customer
TruckLabs announced J&R Hall, a Canadian family owned and operated trucking company, became the first Canadian fleet to adopt TruckLabs’ patented TruckWings technology.
February 2, 2021