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Eaton Reports Increases in Net Income, Revenue

Power management company Eaton Corp. reported higher net income and modest revenue gains in the fourth quarter, noting that revenue in its vehicle segment dipped but inched up in eMobility — its two smallest segments.

February 7, 2022

Toshiba to Split, Sell Stake in Carrier

TOKYO — Embattled Japanese technology giant Toshiba plans to split into two companies, and intends to sell its joint venture stake in Toshiba Carrier Corp. to U.S.-based Carrier Group, for about 100 billion yen ($877 million).

February 7, 2022

TuSimple to Haul Union Pacific Goods Between Tucson, Phoenix

Self-driving truck developer TuSimple says Union Pacific Railroad will be its first customer to move freight on the company’s fully automated trucking route between Tucson and Phoenix, after making a test run on a similar route in December.

February 4, 2022

Google to Work With Ford on Detroit Research Hub

DETROIT — Ford Motor Co. announced Feb. 4 that Google is joining the automaker’s effort to transform a once-dilapidated Detroit train station into a research hub focused on electric and self-driving vehicles.

February 4, 2022

Cummins Q4 Net Income Falls, Revenue Flat

Cummins Inc. reported a decline in fourth-quarter net income on flat revenue as supply chain constraints continued to present headwinds.

February 3, 2022

Wabash Reports Q4 Net Loss, Higher Revenue

Wabash reported a net loss and increased revenue in the fourth quarter as the supply chain continued to struggle to support its production activity, temporarily causing acute disruptions within certain product lines.

February 2, 2022

Broken Lights Top Violation for North American Truckers

Inoperable vehicle lamps caused the most violations in national roadside inspections of trucks from the United States, Mexico and Canada last year, according to Federal Motor Carrier Safety Administration statistics.

February 2, 2022

BTS to Survey 150,000 Truck Owners This Year

A branch of the U.S. Department of Transportation this month is reviving a research effort to help gain a better understanding of the features and purposes of commercial vehicles on the country’s roadways.

February 1, 2022

North Dakota Trailer Length Pilot Program Extends Deadline

Regulators in North Dakota have extended a deadline for freight haulers to apply to participate in a pilot program that would allow longer trailer configurations on state roads.

February 1, 2022