Toyota announced plans May 3 to build its own autonomous vehicle testing site within the Michigan Technical Resource Park, a privately operated automotive proving grounds.
May 4, 2018BusinessEquipment
VW CEO Herbert Diess Urges Corporate Culture Change Amid Sweeping Revamp
Herbert Diess, CEO of Volkswagen AG, pledged to step up integrity and compliance efforts as part of the German manufacturer’s deepest overhaul since the diesel-emissions scandal came to light in 2015.
May 4, 2018BusinessTechnologyEquipmentSafetyAutonomousTCA
Minnesota Safety Officials Look to Driverless Vehicles to Reduce Fatalities
The late snowfalls in Minnesota this year might help autonomous vehicle developers save lives.
May 3, 2018BusinessEquipment
Meritor Reports 2Q Results in Busy Week
Parts supplier Meritor Inc. had a busy week, attending the Advanced Clean Transportation Expo in Long Beach, Calif., releasing quarterly results, buying a manufacturing company and announcing a collaboration with major truck manufacturer Peterbilt.
May 3, 2018BusinessEquipment
Eaton Posts 12% Increase in 1Q Earnings
Eaton Corp. reported May 1 that first-quarter net income was $488 million, up 12% or $1.10 per share, which compares with $435 million or $0.96 per share for the first quarter of 2017, according to the Dublin-based power management company.
May 3, 2018BusinessEquipmentLogistics
Canadian National to Buy 350 Center Beam Railcars
Canadian National Railway plans to purchase 350 73-foot center beam railcars to meet the growing demand for transporting lumber products, the Montreal-based railroad announced May 2.
May 3, 2018BusinessTechnologyEquipment
Anheuser-Busch Orders 800 Nikola Hydrogen-Electric Trucks
Anheuser-Busch announced it has placed an order for up to 800 hydrogen-electric powered heavy-duty trucks from Nikola Motor Co. as the beverage company moves to convert its entire longhaul dedicated fleet to renewable-energy powered trucks by 2025 — underscoring how trucks can support broader corporate sustainability goals.
May 3, 2018BusinessTechnologyEquipmentFuelTop 100
Electrification Finds Its Ground Zero in California
LONG BEACH, Calif. — Expanding options for battery-electric technology and hybrid-electric and natural-gas engines are converging alongside efforts to protect forthcoming clear-air regulations, and longtime industry players must be ready to react to this evolving landscape, panelists said here at the Advanced Clean Transportation Expo, held April 30-May 3.
May 2, 2018BusinessEquipmentFuel
Penske Looks to Help Customers Understand Alternative Fuels
LONG BEACH, Calif. — The interest in alternative fuels is steady, and when customers call wanting, for instance, an electric truck, they want it right now, according to Penske Truck Leasing executives.
May 2, 2018BusinessEquipment
Wabash Reports 1Q Gains, Record Backlog
Trailer maker Wabash National Corp. posted slightly higher net income in the first quarter as revenue and backlog soared.
May 2, 2018