Navistar parent company Traton is standing firm in its belief that battery-electric trucks are the best alternative for trucking fleets looking to decarbonize their operations.
Category: News
Norfolk Southern Reports Lower Earnings After Settlement
Norfolk Southern’s first-quarter earnings report gave the railroad the opportunity to publicly defend CEO Alan Shaw’s strategy again before investors decide on May 9 whether to back him.
Biden Advances Plan to Make Freight Shipping Carbon-Free
The Biden administration is laying out more of its vision for decarbonizing the freight industry, including plans for standardizing charging infrastructure for electric trucks.
Buttigieg Announces Infrastructure Funds
Assuring the country about the Biden administration’s efforts to improve connectivity along mobility corridors is atop Secretary Pete Buttigieg’s spring agenda.
Lower Used Truck Prices, Weak Rental Market Hurt Ryder Profits
Ryder’s profits fell in the first quarter on sharply lower used tractor and truck prices and weak rental market conditions, the company said April 23, but saw a boost from recent acquisitions.
As Q1 Profit Falls 55%, Tesla to Focus on Cheaper Vehicles
Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading April 23 as the company said it would accelerate production of more affordable vehicles.
Truck Body Repair Collaborations Help Streamline Planning
Repairing the body on a Class 8 truck is a process of handling moving parts while performing a proper assessment and eventually restoring the unit to a safe, roadworthy state as quickly as possible.
Baltimore Port to Open Deeper Channel
Officials plan to open a deeper channel for commercial ships to access the Port of Baltimore starting April 25, marking a significant step toward reopening the major maritime shipping hub.
Tonnage Numbers Hit 13th Month of Declines
Truck tonnage reached 13 consecutive months of year-over-year declines after a slight decrease in March, American Trucking Associations reported April 23.
Tesla to Cut More Than 6,000 Jobs in Texas, California
Tesla Inc. plans to cut more than 6,000 jobs across Texas and California as part of CEO Elon Musk’s demand to slash more than 10% of the global workforce.