Business, Technology, Equipment, Fuel

Daimler Steals Tesla’s Thunder With Heavy-Duty Electric Truck

Daimler Trucks

Daimler AG is jumping the gun on Tesla Inc. by showing off a battery-powered heavy-duty truck weeks before the California electric-car maker’s own planned unveiling, in a sign of the growing rivalry between the companies.

Elisabeth Behrmann | Bloomberg News
October 26, 2017
Business, Equipment

Rush Reports Record Quarterly Earnings on Higher Truck Sales, Aftermarket Strength

Rush dealership Rush Enterprises Inc.

National truck dealership Rush Enterprises Inc. posted record quarterly profits as net income and revenue rose in the third quarter.

Transport Topics
October 26, 2017
Business, Equipment

Haldex 3Q Earnings Mixed; Renews Ties to US Truck Makers

Commercial vehicle supplier Haldex AB reported net income fell and revenue inched up in the third quarter compared with a year earlier.

Roger Gilroy | Staff Reporter
October 26, 2017
Business, Equipment

Used-Truck Sales Climb in September, Powered by Retail Transactions

Used truck lot in Kentucky John Sommers II for Transport Topics

Sales of used Class 8 vehicles rose 25% in September as the economy churned through inventory and cleared the way for more freight to be moved, ACT Research Co. reported.

Transport Topics
October 25, 2017
Business, Equipment

Direct ChassisLink Inc. Acquires Trac Intermodal’s Domestic Chassis Fleet

DCLI chassis Direct ChassisLink Inc.

Direct ChassisLink Inc. has signed an agreement to make a major acquisition, purchasing the entire domestic chassis fleet from competitor Trac Intermodal.

Ari Ashe | Staff Reporter
October 25, 2017
Government, Business, Technology, Equipment, Logistics, Autonomous

Amazon’s Dream of Drone Deliveries Gets Closer With Trump’s Executive Order

Drone deliveries got a step closer to reality as the White House issued an order giving local governments more authority to conduct tests of the burgeoning new technology.

Alan Levin | Bloomberg News
October 25, 2017
Business, Equipment

Gain in Equipment Orders Underscores Robust US Investment

Daniel Acker/Bloomberg News

U.S. orders for business equipment increased more than forecast in September, indicating solid investment momentum as the third quarter drew to a close, Commerce Department figures showed Oct. 25.

Sho Chandra | Bloomberg News
October 25, 2017
Business, Equipment, Autonomous

DTNA Pursuing Advanced Driver-Assist Tech, not Autonomous Trucks, CEO Says

Daimler's Roger Nielsen Nielsen by Joseph Terry/Transport Topics

ORLANDO, Fla. — Daimler Trucks North America continues its pursuit of automated driving technology, but that development path is focused not on “autonomous” trucks but advanced driver-assistance systems, CEO Roger Nielsen said.

Seth Clevenger | Managing Editor, Features
October 24, 2017
Business, Technology, Equipment, Autonomous

Delphi Acquires Self-Driving Startup nuTonomy for $450 Million

Sam Kang Li/Bloomberg News Sam Kang Li/Bloomberg News

Auto supplier Delphi Automotive said Oct. 24 it has acquired self-driving software startup nuTonomy Inc. for $450 million in an effort to speed the development of autonomous vehicles.

Dee-Ann Durbin | AP Auto Writer
October 24, 2017
Government, Equipment

ATA Thanks Share the Road, America’s Road Team Program Sponsors and Supporters

Road Team members Road Team members by John Sommers II for Transport Topics

ORLANDO, Fla. — An estimated 1.2 billion people saw President Donald Trump sit in the cab of a Mack truck at the White House and speak with the driver in March — the logo of American Trucking Associations prominently displayed on the truck’s door — but what they didn’t know was that the truck was part of the Share the Road campaign.

Burney Simpson | Staff Reporter
October 24, 2017