WASHINGTON — Republican congressional leaders sent a letter to Ford CEO Jim Farley claiming documents show hundreds of jobs at a planned battery plant will go to employees of a Chinese firm.
July 24, 2023Search
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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.
‘Family’ Reunion: Swan Qualifies for Sixth Nationals
Preparation paid off for FedEx Freight driver Paul Swan at the Colorado Truck Driving Championships. That it felt like a family reunion was just the cherry on top.Â
July 21, 2023Leasing Offers Pathway for Fleets Interested in EVs
Fleets that want to test the waters with electric vehicles or other technology don’t have to do it themselves or even use their own trucks. Leasing companies are providing that opportunity.
July 24, 2023Volvo Signs Fuel System JV Deal With Canada’s Westport
Truck manufacturer Volvo Group is set to establish a high-pressure gas-injection fuel system joint venture with Westport Fuel Systems.
July 21, 2023June Trailer Orders Drop 59% Year-Over-Year
U.S. trailer orders continued the trend of year-over-year declines with a large drop in June, according to data released by ACT Research.
July 20, 2023Trucking Takes Steps Toward Hydrogen Technology
Truck makers and suppliers are taking steps toward developing hydrogen combustion engines on the path to a zero-emission future.
July 20, 2023Tesla Income Jumps 20% to $2.7 Billion
SAN FRANCISCO — Elon Musk’s big bet that Tesla price cuts could boost sales and profits amid increasing competition and poor economic sentiment appears to be yielding mixed results.Â
July 20, 2023June Medium-Duty Truck Sales Increase 22.7%
U.S. medium-duty truck retail sales increased 22.7% in June compared with the year-ago period, according to Wards Intelligence data.
July 19, 2023Volvo Group Q2 Profit Nudges Higher, Margin Improves
Volvo Group posted net income of $1.06 billion, or 52 cents per share, in the three months that ended June 30, compared with $1.03 billion, or 50 cents, in the year-ago period, the company said.
July 19, 2023High Cost of Hydrogen Remains a Drag on Adoption
If hydrogen fuel cell technology is going to become a desired and viable electric vehicle power source, the cost will have to come down.
July 18, 2023