Jerry Hirsch
NACFE Report Says Challenges Remain for Broad Fuel Cell Adoption
Mercedes-Benz GenH2 Truck (Daimler Truck AG)
Hydrogen fuel cell technology will likely roll out in heavy-duty trucks over the next five years, but hurdles remain before U.S. motor carriers will adopt them beyond small numbers of test vehicles, according to a new report.
December 16, 2020New Toyota Fuel Cell System Close to Being Available to Class 8 Makers
Toyota has developed a second-generation hydrogen fuel cell system to work with Kenworth's T680 chassis. (Toyota)
Toyota Motor Corp. unveiled a second-generation fuel cell system that is nearing the point when it could be offered to heavy-duty truck builders looking to build hydrogen-powered tractors.
December 14, 2020XPO Logistics Plans to Split Into Two Companies
XPO Logistics
XPO Logistics Inc. plans to split into two by spinning off its logistics business in a tax-free transaction that will create a separate publicly traded company.
December 2, 20202021 Expected to Be Pivotal Year for Commercialization of Electric Vehicles
Volvo Trucks North America plans to launch full-scale production of the VNR Electric at its New River Valley manufacturing plant in Dublin, Va., in 2021. (Volvo Trucks)
With major truck manufacturers pushing into factory-built electric vehicles, 2021 is poised to be the year for the technology to transition from pilot testing to commercialization.
November 24, 2020DTNA Enhances Customer Service Experience
A technician works on a laptop. (Daimler Trucks North America)
Daimler Trucks North America is making headway on a yearlong customer service improvement initiative as it works with dealers to have parts and technicians ready to go when a broken truck reaches the service bay.
November 19, 2020Nikola’s Losses Widen in Third Quarter
The Nikola Badger. (Nikola Corp.)
Zero-emission truck developer Nikola Corp. saw losses grow as it spent heavily on research and development and legal fees during the third quarter.
November 10, 2020COVID-19 Jolts Workhorse Production; Year-Over-Year Losses Widen
More than 36% of Workhorse's production staff is currently out with COVID-19. The electric vehicle maker's net loss grew to $84.1 million in Q3 from $11.5 million in the same quarter a year earlier. (Workhorse Group)
A COVID-19 outbreak has upended production at electric truck startup Workhorse Group as nearly 40% of the company’s factory workforce have become infected or exposed to the virus.
November 9, 2020XPO Posts Revenue Increase, Net Income Decrease in Q3
XPO said net income declined 28.2% to $84 million in the third quarter compared to a profit of $117 million in the same period a year earlier, but revenue rose 1.6% to $4.22 billion from $4.15 billion. (XPO Logistics Inc.)
XPO Logistics Inc. saw revenue tick up and net income dip in the third quarter, and the company said business activity has bounced back from earlier downturns.
November 5, 2020Expeditors Posts Rise in Profit, Revenue for Q3
Both net income and revenue increased 19% for Expeditors in the third quarter. (Expeditors International of Washington)
Expeditors International of Washington posted third-quarter gains in profit and revenue as the logistics company capitalized on a rebounding economy.
November 3, 2020ArcBest Records Increase in Q3 Net Income, Revenue
ArcBest said third-quarter revenue rose by 0.9% to $795 million from $788 million. (John Sommers II for Transport Topics)
ArcBest Corp. posted gains in net income and revenue in the third quarter as its business rebounded from the economic impact of the coronavirus pandemic.
November 3, 2020