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Volvo Shares Fall After Outlining Truck Production Cuts

Volvo AB declined after saying it will gradually reduce production in line with normalizing demand after years of supply chain disruptions that left manufacturers with record order banks.

January 26, 2024

Xos Class 8 Tractor Start of Production Remains on Schedule

Xos’ plans for manufacturing a Class 8 tractor remain on schedule even as the electric truck maker sought to bolster its finances earlier in January, CEO Dakota Semler told Transport Topics.

January 25, 2024

Kodiak Opens Truck Port at Ryder Facility in Houston

Kodiak Robotics opened a second truck port for its autonomous semis at a Ryder System Inc. fleet maintenance facility in Houston, the companies said Jan. 23.

January 25, 2024

Daimler Truck to Explore Abu Dhabi’s Green Hydrogen Supply

Daimler Truck AG and Abu Dhabi agreed to explore the Gulf state’s supply of green hydrogen to power future fuel cell rigs in Europe.

January 25, 2024

Governors From 16 States Ask Biden to Roll Back EV Mandates

Governors from 16 states have sent a letter to President Joe Biden, asking him to rescind his electric vehicle mandates in favor of letting the market determine adoption.

January 25, 2024

Tesla Q4 Earnings Fall Short of Analyst Estimates

DETROIT — Tesla’s net income more than doubled last quarter thanks to a one-time tax benefit, but it warned of “notably lower” sales growth this year.

January 24, 2024

German Charging Firm EcoG to Locate Headquarters in Detroit

EcoG, a German electric vehicle charger company, plans to invest $14.4 million to establish its American headquarters in Detroit, with the help of a grant from the Michigan Strategic Fund.

January 24, 2024

Samsara Files Patent Infringement Lawsuit Against Motive

Fleet telematics provider Samsara filed a patent infringement lawsuit alleging that competitor Motive Technologies has covertly stolen its technology patents and adopted them as its own.

January 24, 2024

Hydrogen Company Plug Power Closes In on $1.6 Billion Loan

Plug Power Inc. surged the most in three years after the hydrogen company said it’s getting close to finalizing a $1.6 billion loan from the U.S. Energy Department.

January 23, 2024

REPLAY: ROTATE - Learning Sessions for Equipment and Maintenance Executives

Join us for conversations that will help you ensure your fleet and your trucks put their best foot forward with the right tire management strategy.

April 30, 2024