A majority of heavy-duty repair shops saw a significant drop in revenue due to the coronavirus pandemic in 2020, a new report found.
March 4, 2021Business, Equipment
Heavy-Duty Repair Shops Report Drop in Revenue Due to Pandemic
Business, Technology, Equipment, Fuel
GM Looks for Location for Second US Battery Factory
General Motors is looking for a site to build a second U.S. battery factory with joint venture partner LG Chem of Korea.
March 4, 2021Government, Business, Technology, Equipment, Fuel, Top 100
FedEx Sets Plan for Carbon-Neutral Operations by 2040
FedEx Corp. announced plans to achieve carbon–neutral operations globally by 2040, with vehicle electrification a key tenet of the strategy.
March 3, 2021Government, Business, Equipment
Frothy Cargo Market Spurs Vessel Owners to Flip Ships
Flip this ship. That’s exactly what some containership owners are opting to do, capitalizing on a hot ocean freight market that shows few signs of cooling off.
March 3, 2021Business, Equipment, Top 100
Class 8 Orders Surge 212% to 43,800
North American Class 8 orders hit 43,800 in February, up 212% compared with a year earlier, ACT Research reported, citing truck makers’ preliminary data.
March 3, 2021Business, Technology, Equipment, Safety
Lightweighting of Trucks Could Become More Prevalent, NACFE Finds
Some truck buyers require lightweighting while most others move toward it slowly, if at all, but the coming of electric trucks may demand more of it, according to an updated confidence report from the North American Council for Freight Efficiency.
March 3, 2021Business, Technology, Equipment
Navistar Stockholders Approve Merger With Traton SE
Moving one step closer to being acquired, Navistar International Corp. announced stockholders approved Traton SE’s proposal to buy all of Navistar’s outstanding common shares for $44.50 per share in cash, or $3.7 billion.
March 2, 2021Business, Equipment
Navistar Offers Free Warranty on Certain Used LT and RH Models
Navistar International Corp. announced it is offering a free one-year, 100,000-mile factory-backed warranty for engine and aftertreatment systems on its most popular used on-highway vehicles, the LT and RH series, that meet certain criteria.
March 2, 2021Business, Equipment
Jackson Group Peterbilt Wins Awards From Peterbilt, Paccar Parts
Peterbilt Motors Co. named Jackson Group Peterbilt its 2020 North American Dealer of the Year.
March 1, 2021Business, Equipment, Fuel
CMA CGM Dedicates Six LNG-Powered Vessels to Service U.S. Customers
French ocean carrier CMA CGM Group will dedicate six liquefied natural gas-powered containerships to the United States..
March 1, 2021