Meritor Reports 2Q Results in Busy Week
Parts supplier Meritor Inc. had a busy week, attending the Advanced Clean Transportation Expo in Long Beach, Calif., releasing quarterly results, buying a manufacturing company and announcing a collaboration with major truck manufacturer Peterbilt.
May 3, 2018Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
Eaton Posts 12% Increase in 1Q Earnings
Eaton Corp. reported May 1 that first-quarter net income was $488 million, up 12% or $1.10 per share, which compares with $435 million or $0.96 per share for the first quarter of 2017, according to the Dublin-based power management company.
May 3, 2018Canadian National to Buy 350 Center Beam Railcars
Canadian National Railway plans to purchase 350 73-foot center beam railcars to meet the growing demand for transporting lumber products, the Montreal-based railroad announced May 2.
May 3, 2018Anheuser-Busch Orders 800 Nikola Hydrogen-Electric Trucks
Anheuser-Busch announced it has placed an order for up to 800 hydrogen-electric powered heavy-duty trucks from Nikola Motor Co. as the beverage company moves to convert its entire longhaul dedicated fleet to renewable-energy powered trucks by 2025 — underscoring how trucks can support broader corporate sustainability goals.
May 3, 2018Electrification Finds Its Ground Zero in California
LONG BEACH, Calif. — Expanding options for battery-electric technology and hybrid-electric and natural-gas engines are converging alongside efforts to protect forthcoming clear-air regulations, and longtime industry players must be ready to react to this evolving landscape, panelists said here at the Advanced Clean Transportation Expo, held April 30-May 3.
May 2, 2018Penske Looks to Help Customers Understand Alternative Fuels
LONG BEACH, Calif. — The interest in alternative fuels is steady, and when customers call wanting, for instance, an electric truck, they want it right now, according to Penske Truck Leasing executives.
May 2, 2018Wabash Reports 1Q Gains, Record Backlog
Trailer maker Wabash National Corp. posted slightly higher net income in the first quarter as revenue and backlog soared.
May 2, 2018Autonomous Cars’ Shortcomings Revealed in California DMV Reports
A demand from the California DMV of eight companies testing self-driving cars has highlighted a number of areas where the technology falls short of being safe to operate with no human backup.
May 1, 2018Haldex AB Net Income More Than Doubles in 1Q
Haldex AB reported net income doubled in the first quarter as revenue rose 9% amid growing demand for the Scandinavian company’s brake adjusters, disc brakes and actuators.
May 1, 2018Dana Reports Rise in 1Q Net Income, Revenue
Dana Inc. reported April 30 first-quarter net income of $108 million, or 73 cents per share, on revenue of $2.1 billion, a 26% rise from $1.7 billion in the first quarter of 2017.
May 1, 2018