The price of the average used Class 8 vehicle in October skidded, as did estimated industry sales, with each falling 19% compared with a year earlier, ACT Research reported.
November 26, 2019BusinessEquipment
Cummins to Lay Off 2,000 Salaried Workers
Two thousand salaried Cummins employees will be laid off in the first quarter of 2020, the Columbus, Ind.-based engine manufacturer announced Nov. 25.
November 26, 2019BusinessEquipment
Longtime Wabash National Chairman Martin Jischke to Retire
Wabash National Corp., the nation’s largest manufacturer of trailers and liquid transportation systems, announced Nov. 25 that board Chairman Martin Jischke is retiring after the 2020 annual stockholder’s meeting.
November 25, 2019BusinessTechnologyEquipment
Despite Unveiling Issues, Elon Musk Says Tesla Pickup Truck Orders Hit 200,000
Tesla Inc. Chief Executive Officer Elon Musk said orders for its Cybertruck have climbed to 200,000 even after two windows unexpectedly shattered in the big reveal Nov. 21.
November 25, 2019BusinessEquipmentLogistics
SunTrust Extends $16 Million Loan to Tribe Transportation
SunTrust Banks Inc. will serve as the sole lender of a $16 million deal to support the growth of Tribe Transportation, a Native American, female-owned transportation enterprise in Gainesville, Ga.
November 25, 2019BusinessEquipmentTCA
GM Announces $175 Million Diesel Truck Engine Component Plant in Ohio
The Dayton, Ohio, area will soon be home to a new General Motors plant making components for Duramax diesel truck engines.
November 22, 2019BusinessTechnologyEquipmentFuel
Webasto Announces Modular Battery, Other Technologies
Webasto Group announced a new modular battery system as well as thermal management and charging technologies for the North American commercial vehicle and automotive e-mobility markets.
November 22, 2019BusinessEquipmentSafety
Treatments, Tools Help Fleets Battle Corrosion, Snow Accumulation
Snow and ice, as well as the chemicals used to keep highways clear, can bring additional challenges to fleets during winter months.
November 22, 2019BusinessEquipment
Thermo King of Central California Joins Vipar Heavy Duty Network
Thermo King of Central California announced it joined the Vipar Heavy Duty network of independent distributors of aftermarket commercial vehicle parts.
November 22, 2019BusinessEquipmentSafety
Fleets Take Precautions to Keep Equipment Running in Extreme Weather
As temperatures drop, drivers and technicians have to take extra precautions to ensure equipment operates properly and everyone remains safe.
November 22, 2019