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Business, Technology, Fuel

Volvo Adds NFI to LIGHTS Project

NFI Volvo LIGHTS Volvo Trucks

Volvo Trucks North America announced diversified carrier NFI is the latest fleet to demonstrate two Volvo VNR Electric trucks as part of the Volvo LIGHTS project.

September 22, 2020
Business, Technology, Equipment, Fuel

Volvo Helps Expand Options for Electric Truck Charging

Volvo The CCS2 connector (left) and charging port location on the Volvo VNR Electric truck model. (Volvo Trucks North America)

Volvo Trucks North America took a step toward the widespread usage of electric trucks by expanding charging options, the company announced Aug. 26.

Connor D. Wolf | Staff Reporter
September 2, 2020
Business, Equipment

Volvo Reports Q2 Net Loss, Lower Revenue Amid Pandemic

Volvo Trucks Volvo's VNR 660 truck model. Revenue in Q2 fell to $8.1 billion compared with $13.6 billion a year earlier. (Volvo Trucks North America)

Volvo Group reported a net loss in the second quarter and lower revenue in a period scarred by the novel coronavirus pandemic.

Roger Gilroy | Senior Reporter
July 17, 2020
Business

Volvo Financial Services Names Patrick Shannon President of North America Region

Volvo grille Justin Ide/Bloomberg

Volvo Financial Services, a unit of Volvo Group, appointed Patrick Shannon president of the company’s North America region.

June 23, 2020
Business, Technology, Equipment, Safety

Truck Financiers Offer Flexibility During Pandemic

Bowerman Bowerman Trucking CEO Matt Bowerman with his fleet. (Bowerman Trucking)

Like many other carriers, Bowerman Trucking in Searcy, Ark., has experienced challenges during the COVID-19 pandemic, but one group has made things easier: its creditors.

Steve Brawner | Contributing Writer
June 2, 2020
Business, Technology, Autonomous

Volvo Says Virus Won’t Slow Its Rollout of Self-Driving Car Tech

An entrance to the Volvo Car AB headquarters in Gothenburg, Sweden, on Jan. 16. An entrance to the Volvo Car AB headquarters in Gothenburg, Sweden, on Jan. 16. (Mikael Sjoberg/Bloomberg News)

Volvo Car AB is grappling with plant shutdowns and layoffs, but one thing it’s not doing amid the fallout from the coronavirus pandemic is pumping the brakes on autonomous driving development.

Gabrielle Coppola | Bloomberg News
May 6, 2020
Business, Technology, Equipment, Safety

Volvo to Share Fleet Performance Tool With Dealers

TT Senior Reporter Roger Gilroy recaps Volvo's announcement at TMC 2020 that it will share an internal tool for reviewing fleet operational performance with dealers.

February 26, 2020
Business, Technology, Equipment

Volvo to Share Fleet Performance Details With Dealers

Volvo The Volvo booth on the exhibit floor. (John Sommers II for Transport Topics)

ATLANTA — Volvo Trucks North America has developed an internal tool called Expert Analysis for reviewing fleet operational performance and will put it in the hands of dealers and some customers later this year.

Roger Gilroy | Senior Reporter
February 26, 2020
Business

Volvo Cars Owner Plots Merger That Puts Listing Back in Play

Li Shufu, head of Geely Group, at an interview in Beijing, China, in March 2018. Li Shufu, chairman of Geely Group and Volvo Cars, at an interview in Beijing, China, in March 2018. (Qilai Shen/Bloomberg News)

Volvo Cars owner Li Shufu set out to combine the Swedish carmaker he bought in 2010 with his Hong Kong-listed automobile unit to create a company with the scale to compete in a rapidly consolidating global market.

February 10, 2020

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