Equipment
Equipment Finance Leaders Report Improved Confidence
skynesher/Getty Images
Confidence in the equipment finance market rose in August, according to the Equipment Leasing & Finance Foundation.
August 20, 2020Day & Ross Continues Growth Plan by Expanding Into Ohio
Day & Ross
Day & Ross detailed the potential next steps of its multiyear expansion plan amid the completion of a new facility Aug. 19.
August 20, 2020July Trailer Orders Keep Rising From COVID Bottom
Trailers on an assembly line at a Wabash manufacturing plant. (Wabash National Corp.)
U.S. trailer orders climbed again in July, reaching 19,300, the most this year, FTR reported.
August 18, 2020Xos Trucks Secures $20 Million in New Funding Round
Xos Trucks co-founder and CEO Dakota Semler (left) and co-founder and chief operating officer Giordano Sordoni. (Xos Trucks Inc.)
Fledgling electric vehicle developer Xos Trucks Inc. completed a new round of financing, raising $20 million from a group of investors.
August 18, 2020Jennifer Polli to Step Down as Trac Intermodal CEO
A Trac Intermodal chassis. Jennifer Polli led the company through its sale to Stonepeak Infrastructure Partners and the coronavirus pandemic. (Trac Intermodal)
Trac Intermodal on Aug. 17 announced that President and CEO Jennifer Polli is leaving the company and will be succeeded by Daniel Walsh, formerly of XPO Logistics.
August 17, 2020Black Horse Carriers Joins Penske’s Electric Vehicle Program
Penske Truck Leasing
Penske Truck Leasing announced that dedicated fleet services company Black Horse Carriers has joined its electric vehicle program.
August 17, 2020Navistar Locates NEXT eMobility Unit in Michigan
The new Navistar NEXT eMobility business unit facility in Rochester Hills, Mich. (Navistar)
Navistar announced its NEXT eMobility business unit will be located in a new facility in Rochester Hills, Mich.
August 14, 2020Jacobs to Supply Engine Brake to Hino in China
Jacobs Vehicle Systems
Jacobs Vehicle Systems announced it will supply its compression release engine brake in China to Hino Motors Co. for its new 10.5-liter U11C diesel engine.
August 14, 2020Stoughton Marks Trailer Milestone With UPS
Stoughton celebrates its 50,000th UPS trailer. (Stoughton Trailers)
Stoughton Trailers announced it has built its 50,000th dry van trailer for UPS Inc.
August 14, 2020Portion of Anheuser-Busch Fleet to Use Renewable Natural Gas
A Budweiser truck in Columbus, Ohio. (Kiichiro Sato/Associated Press)
Anheuser-Busch is transitioning more than 180 Class 8 trucks, representing 30% of its dedicated fleet, to renewable natural gas.
August 14, 2020