CEOs Pivot Business Models to Feature Electrification
GRAPEVINE, Texas — Rick Dauch, CEO of Delphi Technologies, maker of fuel injectors for the light and commercial vehicle sectors, told an audience of aftermarket experts the powertrain space will consolidate very quickly over the next 12 months to five years.
February 5, 2020Daily Briefings from Transport Topics
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Class 8 Orders in January Rise 10% Year-Over-Year
North American Class 8 orders for January hit 17,700, a 9.9% increase from the same period a year earlier, and notching the first year-over-year gain since October 2018.
February 4, 2020CARB Launches Zero-Emission Freight Equipment Project
The California Air Resources Board started an initiative to promote zero-emission freight equipment at transportation hubs, such as ports, distribution centers, airports and rail yards.
February 4, 2020Lower Cummins Q4 Results Follow Declines in Key Markets
Independent engine maker Cummins Inc. reported declines in net income and revenue in the fourth quarter amid downturns in key global markets.
February 4, 2020Goodyear Introduces New Truck Tire Management System
Goodyear Tire & Rubber Co. announced Feb. 3 a new tire management system for commercial fleets that combines tire monitoring and service capabilities, as well as new tire sizes.
February 4, 2020Diesel Falls 5.4¢ to $2.956 Per Gallon
The U.S. average retail price of diesel fell 5.4 cents to $2.956 a gallon, the Department of Energy reported Feb. 3.
February 3, 2020As Equipment Market Slows, Truck Dealers Focus on Parts, Service
To compensate for a slowdown in new equipment sales, truck dealers are turning their attention to parts and services as well as other revenue and profit generators.
February 3, 2020Ryder Expands Truck-Sharing Program COOP
Ryder System Inc. will expand its ride-sharing program for trucks to meet growing demand, the Miami-based company announced Feb. 3.
February 3, 2020Wabco Announces New Aftermarket Strategies
Wabco Holdings Inc. announced its expanded product and service online platform will launch in March, enabling customers to access its replacement components and retrofit kits.
February 3, 2020Caterpillar’s 2020 Outlook Adds More Gloom to Markets
Caterpillar Inc., a worldwide barometer for manufacturing, is warning of more pain to come for the global economy in 2020.
January 31, 2020