Electric vehicle maker Rivian said Nov. 7 that it will allow other companies to purchase its fleet of delivery vans, ending an exclusive agreement with Amazon.
November 8, 2023Search
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Watchdog Group Cites Widespread ‘Predatory’ Lease Agreements
A study by a U.S. government financial consumer group has concluded that there is widespread risk for truckers being rushed into signing so-called predatory lease-purchase agreements.
November 7, 2023Tevva Files Suit Against ElectraMeccanica in Arizona
Tevva Motors Ltd. filed suit against ElectraMeccanica Vehicles Corp. Nov. 3 as the dispute between the onetime partners in building a Class 8 hydrogen-powered truck escalates.
November 6, 2023Aftermarket Parts Costs Are Stabilizing
Industry leaders are pointing to several positive indicators that have caused a drop in aftermarket parts prices in the second quarter of 2023 from the first quarter.
November 6, 2023UAW Members at Michigan Ford Plant Approve New Contract
DETROIT — Autoworkers at the first Ford factory to go on strike have voted overwhelmingly in favor of a tentative contract agreement reached with the company.
November 3, 2023Mack Trucks Launches Subscription-Based Leasing for MD Electric
SONOMA, Calif. — Mack Trucks on Oct. 30 launched ElectriFi Subscription, a usage-based leasing option for the MD Electric truck.
November 2, 2023Mack Trucks Showcases MD Electric Truck in California
SONOMA, Calif. — Mack Trucks showcased its medium-duty MD Electric truck Oct. 30 through Nov. 1 at Sonoma Raceway.
November 2, 2023Cummins Profit Soars as Meritor Deal Boosts Revenue
Cummins Inc. posted a 64% year-over-year jump in profits in the third quarter of 2023 as the acquisition of axles and brakes specialist Meritor continued to boost the company’s bottom line.
November 2, 2023How Trucking Can Fight Back Against Cyberthreats
HOUSTON — The trucking industry faces an increasingly dangerous and complex cybersecurity landscape, but there are ways to counter the threats, according to experts.
November 2, 2023September Used Class 8 Sales Down 4.7% Year-Over-Year
Sales of used Class 8 trucks in September declined at a modest clip compared with year-ago levels, but the prices paid for those trucks took a far steeper drop, ACT Research reported.
November 2, 2023