Jerry Hirsch
Commercial Vehicle Production to Fall 20% Globally in 2020, IHS Forecasts
A Mack truck cab on the assembly line. (Luke Sharrett/Bloomberg News)
Global commercial vehicle production will plunge 20% this year compared with 2019, with the North American market slumping more than 30%, according to an analysis from IHS Markit.
April 20, 2020Analysts: Trucking Ripe With Opportunities for Autonomous Technology
TuSimple is one of the companies pioneering research into the applications for autonomous driving in the commercial vehicle industry. (TuSimple)
Analysts expect autonomous driving to penetrate the commercial vehicle market before the consumer auto market.
April 9, 2020Trucking Volume Linked to Future Spending Trends, Experts Say
Continued purchases of medical supplies, food and beverages will bolster the refrigerated market, according to ACT Research. (John Sommers II for Transport Topics)
Where and how consumers and businesses are spending money now, and how those habits might shift in the near future, will shape how the economy — and the trucking industry — will manage through the impact of the COVID-19 crisis, experts said.
April 6, 2020Yokohama, Continental Suspend Production of New Tires
A Yokohama tire warehouse. The shutdown is scheduled to last two weeks. (Yokohama Tire Corp.)
Two more manufacturers have idled production of new tires amid the nationwide economic slowdown brought on by the coronavirus.
March 27, 2020TuSimple, ZF Pair to Develop Technology for Autonomous Trucks
TuSimple's partnership with ZF Friedrichshafen starts in April and includes potential sales in North America, Europe and China. (TuSimple)
Autonomous driving company TuSimple has reached a deal with German vehicle components maker ZF Friedrichshafen to develop and commercialize technology for autonomous trucks.
March 27, 2020Kicking the Tires Becoming Obsolete as Truck Auctions Shift to Online Sales
Heavy-duty truck auctioneers cite a significant increase in digital transactions. (Ritchie Bros.)
The big auction houses increasingly are turning to digital sales to move used heavy-duty trucks.
March 27, 2020Falling Oil Prices May Stem Demand for Trucks, Experts Warn
Christina Mendenhall/Bloomberg News
The rapid plunge in oil prices could cut into sales of both tractors and liquid tank trailers as well as the trucks that haul fossil fuel extraction equipment, experts said.
March 25, 2020Multiple Hits to Economy Likely to Trigger Recession, Analysis Shows
Stock trader Gregory Rowe reacts at the New York Stock Exchange on March 18. (Mark Lennihan/AP)
The U.S. economy amid the COVID-19 crisis is suffering under the weight of multiple factors, including lower consumer spending, falling business investment and global travel bans, according to a report from S&P Global Economics.
March 18, 2020TuSimple Expands Autonomous Trucking Program With UPS
TuSimple
Autonomous-driving technology company TuSimple is expanding its freight-hauling pilot program with UPS to 20 trips a week and adding another route.
March 5, 2020Ford Plans Electric Version of Transit Cargo Van
A gasoline-powered version of Ford's Transit van. The company plans to start selling an electric model. (Ford Motor Co.)
Ford Motor Co. plans to manufacture an electric version of its popular Transit cargo van for the 2022 model year.
March 3, 2020