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Old Dominion Posts Q4 Gains in Earnings, Revenue

Old Dominion Freight Line reported gains in fourth-quarter profit and revenue and, despite the COVID-19 pandemic, finished 2020 with a rise in net income.

February 4, 2021

Class 8 Orders in January Clear 40,000

North American Class 8 orders kicked off the year by reaching 42,200 in January, up 146% from a year earlier when they were 17,204, ACT Research reported, citing truck makers’ initial data.

February 4, 2021

Peterbilt Introduces Redesigned Model 579 Flagship

Peterbilt Motors Co. has unveiled a restyled version of its Model 579 flagship on-highway truck that offers a 7% fuel economy improvement compared with the truck it replaces, which was launched in 2012.

February 4, 2021

Wabash National Posts Lower Q4 Earnings

Wabash National Corp. reported lower net income and revenue in the fourth quarter as new trailer shipments fell.

February 4, 2021

Meritor Reports Lower Fiscal-Year Q1 Earnings, Revenue

Meritor Inc. reported a decline in net income, largely due to interest expenses, and a dip in revenue during its fiscal first quarter.

February 3, 2021

California Leads in Electric Vehicle Policies, Practices, Energy Nonprofit Says

California is by far the national leader in enabling the use of electric cars and medium- and heavy-duty electric trucks, according to a state-by-state evaluation of electric vehicle policies and practices compiled by a leading nonprofit energy efficiency group.

February 3, 2021

Eaton Reports Higher Q4 Net Income

Power management company Eaton Corp. reported higher fourth-quarter net income and a decline in revenue.

February 3, 2021

Knight-Swift Acquires Majority Stake in Software Company Eleos

Knight-Swift Transportation Holdings Inc. announced it acquired a majority stake in Eleos, a Greenville, S.C.-based software company that provides a mobile driver workflow platform for trucking fleets and truck operators.

February 2, 2021

TruckLabs’ TruckWings Gains First Canadian Fleet Customer

TruckLabs announced J&R Hall, a Canadian family owned and operated trucking company, became the first Canadian fleet to adopt TruckLabs’ patented TruckWings technology.

February 2, 2021

Mack Trucks Names New Regional Vice Presidents

Mack Trucks appointed Zach Bourn regional vice president of the U.S. western region and Jeff Oldham regional vice president of the U.S. central region. 

February 1, 2021