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, 2021Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Fleets Use Risk Management Strategies That Emphasize Training, Technology
In an era of nuclear verdicts, fleets are finding it essential to maintain an effective risk management strategy to help protect the safety of their employees and the motoring public while also shielding their businesses from liability.
March 1, 2021Grote Launches New Headlamps
Grote Industries announced its newest forward lighting, the 90mm LED High Beam and Low Beam headlamps and the 90mm Combination High Beam/Low Beam LED headlamp module.
February 26, 2021Dana Taps Byron Foster as Chief Commercial Officer
Dana Inc. announced Byron Foster joined the company as chief commercial, marketing and communications officer.
February 26, 2021Nikola Falls After Paring Output Goals for Debut Electric Trucks
Nikola Corp. shares slipped after the company cut projected output of its first commercial zero-emission vehicles and said it may seek to raise more capital to invest in facilities such as a planned hydrogen-fueling network.
February 26, 2021Peterbilt Launches Updated Vocational Models 567 and 520
Peterbilt Motors Co. has updated its vocational Model 567 and 520 trucks, the company announced Feb. 24.
February 25, 2021Kenworth T680E Eligible for CARB Incentives
Qualifying California purchasers of the new Kenworth T680E battery-electric vehicle are eligible for a $120,000 incentive voucher from the California Air Resources Board, Kenworth Truck Co. announced.
February 24, 2021BorgWarner Agrees to Buy Akasol AG for $915 Million
BorgWarner Inc. and Akasol AG have signed a business combination agreement intended to position BorgWarner to strengthen its commercial vehicle and off-highway battery systems business.
February 23, 2021Daimler Truck AG Taps Cummins to Supply All Medium-Duty Engines
Daimler Truck AG and Cummins Inc. announced a global partnership for medium-duty diesel engine development and production, and are considering other potential collaborations.
February 23, 2021With New Administration, Regulatory Policy Changes Could Be Coming
With a new administration now occupying the White House, the trucking industry soon could see changes in the regulatory landscape.
February 23, 2021