VW could use Traton’s IPO proceeds to expand the division’s footprint in North America — the truck industry’s largest profit pool — where the carmaker holds a stake in Navistar.
Category: News
What’s happening in the commodity market?
How is the world economy affecting trucking industry needs such as tires, lubricants and maintenance?
Amp Americas sells ampCNG unit to American Natural Gas
Amp Americas recently closed the $41 million sale of its 20 ampCNG fueling stations to American Natural Gas (ANG).
Amp Americas, a pioneer in the renewable transportation fuel industry, plans to continue owning and operating its Indiana biogas opera
Senators introduce bill to limit trucks to 65 mph
U.S. Sens. Johnny Isakson (R-GA), and Chris Coons (D-DE) on June 27 introduced legislation that would require all new commercial trucks with a gross weight of 26,001 pounds or more to be equipped with speed-limiting devices set to a maximum speed of
Volvo to upgrade, expand New River Valley plant
The Volvo Group said it will invest about $400 million over six years to upgrade its manufacturing plant in New River Valley, VA. The plant produces all Volvo trucks sold in North America.
“The outstanding product line currently produced at NRV has
Roadrunner CFO Terence Rogers to Step Down in August
Terence Rogers, Roadrunner Transportation Systems Inc.’s executive vice president and chief financial officer, has resigned from the company effective at the end of August.
Cummins in Agreement to Acquire Hydrogenics
Cummins Inc. has entered into an agreement to acquire fuel cell systems provider Hydrogenics Corp. for about $290 million, or $15 per share, the independent engine maker said.
Volvo Group to Spend $400 Million on Plant Upgrades, Expansion
The Volvo Group on June 28 announced plans to invest nearly $400 million over six years to upgrade its New River Valley, Va., plant that produces all Volvo trucks sold in North America.
Trump, Xi to Meet at Trade-War Crossroads Fraught With Risks
President Donald Trump and China’s Xi Jinping are set to meet June 29 amid hopes they will hit the pause button in their trade war and resume the search for a longer-term peace.
Trump, Xi to Meet at Trade-War Crossroads Fraught With Risks
President Donald Trump and China’s Xi Jinping are set to meet June 29 amid hopes they will hit the pause button in their trade war and resume the search for a longer-term peace.