Allison Transmission’s profit in the third quarter jumped 26.6% on the back of demand for Class 8 vocational trucks in North America, with executives saying it shows no sign of slowing down.
November 4, 2024Search
Showing 10 of 7843 results
= Premium Content
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Waymo Valued Over $45B After Latest Funding Round
The business said late last week that it had raised $5.6 billion in new capital at an undisclosed value. The financing was led by Alphabet, which also owns Google.
October 31, 2024Truckload Turnaround, Pre-Buy to Boost 2025 Sales, OEMs Say
Truck makers are becoming more optimistic about the prospects for 2025 Class 8 purchases.
October 31, 2024Stellantis Revenue Falls 27% in Q3
Stellantis NV’s third-quarter revenues slumped 27% as the automaker shipped fewer cars from factories in most of its major markets.
October 31, 2024EPA Grants 4 States $248.9M for I-95 EV Truck Charging Sites
EPA is paying $248.9 million to develop 24 electric truck charging sites for medium- and heavy-duty vehicles along the Interstate 95 freight corridor in four East Coast states.
October 31, 2024VW Proposes 10% Pay Cut in Effort to Avoid Factory Closures
Arne Meiswinkel, the automaker’s chief negotiator, said the plan includes a 10% pay cut and revised bonus system. The measures aim to strengthen the VW brand.
October 30, 2024Trucking Stakeholders Tackle Biggest Cybersecurity Concerns
CLEVELAND — Trucking is dealing with an evolving cybersecurity environment that raised concerns among industry experts during a panel discussion Oct. 28.
October 30, 2024Stellantis Pauses Production at Detroit Assembly Complex
Stellantis continued to slash vehicle production and cut jobs in the United States this week, including at the automaker’s Detroit Assembly Complex.
October 30, 2024Daimler Truck Says It’s Reviewing China Operations
BERLIN — German commercial vehicle manufacturer Daimler Truck has announced it is reassessing the future of its operations in China.
October 30, 2024Caterpillar Misses Estimates on Weakening Construction
Caterpillar Inc. posted a third-quarter profit that missed analysts’ expectations as the machinery producer grappled with weakening demand in construction around the world.
October 30, 2024