Equipment

Navistar International Corp. posted a narrower fiscal second-quarter net loss and about a $1 billion drop in revenue as key business segments and its supply chain were disrupted by the novel coronavirus pandemic.

It has been more than six years since America’s public companies began searching for African “conflict minerals” throughout their supply chains, and it remains difficult for trucking-related companies to know if some of their products are being made using tantalum, tin, tungsten or gold, or “3TG,” mined and refined in Congo and nine of its neighbor countries.

North American Class 8 orders in May fell below 7,000, ACT Research reported, an uptick from April’s historic low as industry analysts said progress will be slow as long as COVID-19 remains a major concern.

VectoIQ Acquisition Corp.’s stockholders on June 2 voted in favor of the previously announced business combination with Nikola Corp., a startup manufacturer of zero-emission heavy-duty trucks.

North America is experiencing a surge in zero-emission commercial vehicle offerings, according to research from Calstart, a clean transportation accelerator.

Schneider launched a new marketplace, Schneider FreightPower, to give shippers access to an expanded and flexible capacity network.

The Technology & Maintenance Council of American Trucking Associations has canceled its competitions geared toward truck technicians that were scheduled for September.

The U.S. Securities and Exchange Commission’s yearslong civil court fight with Daniel Ustian has ended with the former Navistar International CEO agreeing to a $500,000 civil penalty and a permanent ban from serving as an officer or director of a public company.

Paccar Parts announced it opened a 250,000-square-foot parts distribution center in Las Vegas.

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.