Torc Robotics, C.R. England Team on Autonomous Pilot
Self-driving-trucks technology firm Torc Robotics and refrigerated carrier C.R. England are teaming up on a pilot program.
Study Urges Excise Tax Repeal for Electric Trucking Takeoff
Repeal of the federal excise tax on heavy-duty commercial vehicles should be a key tool in the push to reduce trucking’s greenhouse gas emissions through electrification, a study says.
Renewable Diesel Output Rises as Alternatives Proliferate
U.S. renewable diesel production took a number of steps forward over the past couple of weeks as two more facilities came online and another ramped up.
Westport Posts Q1 Loss
Westport Fuel Systems Inc. shifted to the red from the black in the first three months of 2023, it said May 9.
Nikola to Pause Battery-Electric Truck Production
Nikola Corp. is set to pause battery-electric truck production at its Coolidge, Ariz., facility by the end of May ahead of a pivot in its operations to hydrogen fuel cell vehicles, the company said.
Daimler Truck Q1 Sales Jump
A 15% year-over-year jump in sales at Daimler Truck powered a jump in revenue and profit in the first three months of 2023, and North American sales rose 12% compared with the year-ago period.
Diesel Tumbles 9.6¢ to $3.922 a Gallon
The national average price for a gallon of diesel tumbled 9.6 cents — its largest drop of the year — to reach $3.922, according to Energy Information Administration data released May 8.
Electrified Fleet Grid Upgrades Could Benefit Utilities
Paying for power grid upgrades trucking companies need to charge electrified medium- and heavy-duty fleets would provide a long-term financial boon to utilities.
Eaton Q1 Profit Rises 19.7% as It Eyes Megaprojects
Profits at Eaton Corp. rose 19.7% in the first quarter of 2023 on sales growth that beat company expectations.
Cummins Reports Record Q1 Profits
The impact of buying Meritor along with heavy-duty truck engine sales pushed Cummins Inc.’s earnings to record heights in the first quarter of 2023, the original equipment manufacturer said May 2.