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Rivian Stumbles in Earnings Debut With Miss on EV Output

Rivian Automotive Inc. said it expects to fall short of its annual production target as the electric pickup maker gave investors the first look at its operations as a public company.

December 16, 2021

Equipment Segment Marched to Higher Ground in 2021

The year 2021 will not soon be forgotten in truck equipment circles that were buffeted by a persistent severe virus carried over from 2020, by its new variants and more related supply chain and labor disruptions.

December 16, 2021

November Trailer Orders Near Year’s Best

U.S. trailer orders surged in November to 31,000, down from 39,645 a year earlier, ACT Research reported, citing manufacturers’ initial data that will be finalized soon.

December 16, 2021

Trucking Industry M&A Activity Surges During 2021

2021 was an especially busy year for trucking in terms of acquisitions, with various factors creating an ideal market for buyers and sellers.

December 16, 2021

Aurora, Uber Freight Collaborate on Texas Pilot

Autonomous vehicle technology developer Aurora Innovation Inc. will launch a pilot program with Uber Freight to move goods in Texas.

December 15, 2021

Singapore Air Picks Airbus Freighters to Renew Cargo Fleet

Singapore Airlines Ltd. signed a letter of intent with Airbus SE for seven A350 freighters with an option to take five more as the carrier phases out its aging cargo fleet.

December 15, 2021

Medium-Duty Sales Spotty in November

U.S. retail sales in November of Classes 4-7 commercial vehicles revealed the two lighter segments propping up the medium-duty market, with overall sales in the segment rising 1.7% to 18,637 compared with 18,318 last year, WardsAuto .com reported.

December 14, 2021

Bluewire Aims to Save Carriers’ Reputations

A data-driven approach to reputation management that could help trucking companies counter plaintiffs’ attorneys’ attacks in trials involving crashes is under development.

December 14, 2021

Spot Market Bounces Back After Thanksgiving Slump

Spot freight volumes fell Thanksgiving week, but they have more than recovered.

December 13, 2021

VW to Spend $2.3 Billion on Battery Hub, Sets Up New Unit

Volkswagen AG will invest 2 billion euros in a planned battery hub in Germany as part of a decision to create a dedicated company for the carmaker’s battery business.

December 13, 2021