Class 8 orders poked along in July at about 25,000, ACT Research reported as order boards appear full for the remainder of this year.
August 5, 2021Search
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Inspectors Remove 6,710 CMVs, 2,080 Drivers During Roadcheck
Inspectors removed 6,710 commercial motor vehicles and 2,080 drivers from roadways — a 16.5% vehicle and 5.3% driver out-of-service rate — over the May 4-6 International Roadcheck, the Commercial Vehicle Safety Alliance announced.
August 5, 2021CVG Reaches Record Quarterly Revenue in Q2
Commercial vehicle supplier CVG reported higher second-quarter net income and record quarterly revenue as it continued to diversify its customer base and emphasize secular growth.
August 5, 2021Continental Sees Chips, Inflation Dragging on Auto Industry
Continental AG, Europe’s second-biggest supplier of car parts, warned the global bottleneck in chip supply and raw material cost inflation will drag on the auto industry through the rest of the year.
August 5, 2021Meritor Rides Truck Market to Higher Fiscal Q3 Results
Meritor Inc. reported increases in net income and revenue for its fiscal third quarter amid gains in the North American truck market.
August 4, 2021Omnitracs Adds PrePass to Platform
Omnitracs has entered into a partnership with PrePass Safety Alliance to provide PrePass, the weigh station bypass application, on its Omnitracs One platform.
August 4, 2021Despite Chip Shortage, GM Posts $2.8 Billion Profit
DETROIT — Despite a computer chip shortage that temporarily closed some of its factories, General Motors made a healthy $2.8 billion net profit in the second quarter.
August 4, 2021Nikola's Financial Loss Widens in Second Quarter
Nikola Corp. posted a widening second-quarter financial loss as the electric vehicle startup said it is moving forward despite financial setbacks and the federal indictment of its former leader.
August 3, 2021Cummins Posts Strong Q2 Results
Cummins Inc. reported second-quarter net income and revenue soared, powered by North American engine sales. At the same time, the company announced it was exploring what it called “strategic alternatives” for its filtration business unit.
August 3, 2021Daseke Reports Higher Profit, Revenue for Q2
Daseke Inc. saw earnings and revenue increase during the second quarter, the company reported Aug. 3.
August 3, 2021