Business, Technology, Equipment, Fuel

Nikola Advances Hydrogen Refueling Infrastructure Buildout

Nikola Corp. has taken steps forward in building refueling infrastructure for its Class 8 Tre hydrogen fuel cell electric tractors.

Keiron Greenhalgh | Staff Reporter
January 18, 2024
Business, Logistics

Court Approves Sale of 23 Yellow Leased Terminals

The U.S. Bankruptcy Court for the District of Delaware approved the sale of 23 terminal leases owned by Yellow Corp. to six bidders for an aggregate price of $82.89 million, documents show.

Keiron Greenhalgh | Staff Reporter
January 17, 2024
Business, Equipment

Allison Transmission Employees Ratify Four-Year Labor Deal

Around 1,500 unionized employees at Allison Transmission Holdings on Jan. 16 ratified a revised four-year labor agreement, the United Auto Workers union Local 933 said Jan. 17.

Keiron Greenhalgh | Staff Reporter
January 17, 2024
Business, Technology, Equipment

Schaeffler Pushes Toward Class 8 With Electric Drivetrain

LAS VEGAS — Component maker Schaeffler is developing an electric axle, motor and battery drivetrain package for North American commercial vehicles, up to and including Class 8 trucks.

Keiron Greenhalgh | Staff Reporter
January 17, 2024
Business, Equipment

December Medium-Duty Sales Rise 9.1% Year-Over-Year

U.S. retail sales for medium-duty trucks rose 9.1% year-over-year in December while finishing 2023 some 8.4% higher than 2022’s full-year total, according to data from Wards Intelligence.

Keiron Greenhalgh | Staff Reporter
January 16, 2024
Business, Technology, Equipment, Fuel

Truck Maker Xos Bolsters Finances as Deliveries Ramp Up

Classes 5-8 electric truck maker Xos obtained a $48.5 million capital infusion from serial e-mobility investor ElectraMeccanica, the companies said.

Keiron Greenhalgh | Staff Reporter
January 16, 2024
Business, Technology, Equipment

Cummins to Spend $580 Million on North Carolina Engine Plant

Cummins Inc. plans to spend $580 million on its Rocky Mount Engine Plant in North Carolina, much of it as part of the company’s decarbonization push, it said.

Keiron Greenhalgh | Staff Reporter
January 16, 2024
Business, Equipment

Allison Transmission Workers to Vote Jan. 16 on Labor Deal

Some 1,500 unionized employees at Allison Transmission Holdings are set to vote Jan. 16 on ratifying a revised labor agreement, the United Auto Workers union Local 933 said.

Keiron Greenhalgh | Staff Reporter
January 12, 2024
Business, Equipment, Breaking News

Class 8 Sales Fall for Fifth Consecutive Month in December

Class 8 retail truck sales in December fell year-over-year for a fifth consecutive month, Wards Intelligence data showed, but full-year 2023 sales ended 4.9% higher compared with 2022.

Keiron Greenhalgh | Staff Reporter
January 12, 2024
Business, Logistics

PS Logistics Buys Buddy Moore Trucking

PS Logistics has acquired Buddy Moore Trucking, which is also based in Birmingham, Ala.

Keiron Greenhalgh | Staff Reporter
January 12, 2024