The used Class 8 truck market showed signs of life in July, with sales climbing nearly 17% compared to the same month last year, according to ACT Research.
Category: News
Houston Receives $3.4M to Study Police-Fire Response
Federal officials announced that Houston would receive $3.4 million for a project to study emergency response times, part of $1 billion aimed at improving street safety nationwide.
BMW to Sell Hydrogen Cars in Partnership With Toyota
BMW AG plans to start selling hydrogen-powered vehicles in four years in a bid to establish the technology as an alternative to battery-electric cars.
Daimler Truck Promotes Karin Rådström to CEO
Daimler Truck announced that Karin Rådström will take over as CEO on Oct. 1, replacing company veteran Martin Daum .
ChargePoint Restructures Workforce Amid Revenue Challenges
ChargePoint Holdings, Inc., operator of the largest electric vehicle charging network in the US, plans to cut 15% of its workforce after missing revenue forecasts.
Biden to Reject $14.1 Billion Nippon Steel-US Steel Deal
U.S. President Joe Biden is preparing to block Nippon Steel Corp.’s $14.1 billion takeover of United States Steel Corp., according to people familiar with the matter.
Truck Driver Pay Weathers Weaker Freight Conditions
The trucking industry continued to increase overall pay for drivers in 2023 despite a freight market downturn, American Trucking Associations reported Sept. 3.
Ollie’s Invests $75M in Illinois Hub to Cut Trucking Miles
A new Ollie’s Bargain Outlet Holdings distribution center in Illinois will save the company 1.2 million trucking miles annually and serve up to 150 stores.
Volvo to Launch Battery-Electric Truck With Longer Range
Volvo Trucks plans to boost the range for one of its global battery-electric trucks to about 372 miles on a single charge, the Swedish original equipment manufacturer said Sept. 3.
Stellantis, UAW at Odds Over Belvidere Plant Timeline
One sentence in a contract document that runs more than 300 pages is drawing scrutiny as the United Auto Workers warns it could strike Stellantis NV.