Daimler Truck Eyes Profit Rebound, Electric Rig in Spinoff Year
Daimler AG’s truck unit will focus on restoring earnings this year and start producing an electric big rig as it gets ready to separate from the larger Mercedes-Benz luxury-car division after more than a century.
February 25, 2021Best Trucking Software 2024
For growing asset-based carriers, ensuring you have the right trucking software is essential for managing fleets, optimizing operations, and winning more higher-paying loads.
Peterbilt Launches Updated Vocational Models 567 and 520
Peterbilt Motors Co. has updated its vocational Model 567 and 520 trucks, the company announced Feb. 24.
February 25, 2021Ford CEO Farley Calls for Battery Production in US
Ford Motor Co. CEO Jim Farley said the U.S. must begin building batteries for the coming wave of electric vehicles in order to avoid supply disruptions like the semiconductor shortage now shutting American auto factories.
February 24, 2021Kenworth T680E Eligible for CARB Incentives
Qualifying California purchasers of the new Kenworth T680E battery-electric vehicle are eligible for a $120,000 incentive voucher from the California Air Resources Board, Kenworth Truck Co. announced.
February 24, 2021Biggest Electric School Bus Deal in US Approved in Maryland
A school system outside Washington is poised to become the nation’s biggest operator of electric school buses.
February 24, 2021Tesla Shares Rally in Premarket Trading on ‘Buy the Dip’ Bounce
Shares in Tesla Inc. gained in U.S. premarket trading, indicating that investors are buying the dip following a four-day drop that erased the electric carmaker’s year-to-date gains.
February 24, 2021Workhorse Passed Over as Oshkosh Wins USPS EV Contract
Electric-vehicle maker Workhorse Group Inc. plunged on Feb. 23, triggering multiple trading halts, after a key U.S. Postal Service contract that some had expected it to win went to rival Oshkosh Corp. instead.
February 24, 2021BorgWarner Agrees to Buy Akasol AG for $915 Million
BorgWarner Inc. and Akasol AG have signed a business combination agreement intended to position BorgWarner to strengthen its commercial vehicle and off-highway battery systems business.
February 23, 2021Daimler Truck AG Taps Cummins to Supply All Medium-Duty Engines
Daimler Truck AG and Cummins Inc. announced a global partnership for medium-duty diesel engine development and production, and are considering other potential collaborations.
February 23, 2021With New Administration, Regulatory Policy Changes Could Be Coming
With a new administration now occupying the White House, the trucking industry soon could see changes in the regulatory landscape.
February 23, 2021