The price of the average used Class 8 truck sold in August fell year-over-year for the first time in 20 months as inventory piled up, ACT Research reported.
September 26, 2019Search
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China Battery Giant Shrugs Off Headwinds With $1.4 Billion Plan
China’s top maker of electric-vehicle batteries plans to spend $1.4 billion (10 billion yuan) building its first factory in the southwest of the country, adding to ambitious plans for the next decade even as the short-term EV outlook gets buffeted by subsidy cuts and demand uncertainties.
September 26, 2019Daimler Fined $960 Million to Settle Rigged Diesel-Car Probe
German prosecutors fined Daimler AG 870 million euros for “negligent violation” in a probe into selling rigged diesel cars.
September 24, 2019Navistar Takes New Path Toward Market Gains
LISLE, Ill. — Navistar International Corp. announced it is pushing into 2020 with plans for a new truck plant, electric trucks and a Class 8 with a Level 2 option, and it will place greater reliance on a single vehicle platform to optimize R&D, parts and tooling.
September 24, 2019Navistar to Build Truck Plant in Texas
Navistar Inc. announced it will build a manufacturing facility for Classes 6-8 trucks in San Antonio, signaling it is bullish on the industry’s strength and the company’s ability to increase its market share.
September 23, 2019Ritchie Bros. Offers PriorityBid
Auctioneer Ritchie Bros. announced PriorityBid, a feature that enables buyers to make proxy bids online for items in its live auctions up to a week before the sale.
September 20, 2019AI-Powered Analytics: Company Reports Can Now Write Themselves
Truckers looking to autogenerate written reports from their databases now have a raft of choices available, thanks to the emergence of artificial intelligence-enabled Âwriting software. Essentially, these AI-generated writing solutions can drill down into company databases and autoproduce easy-to-understand, written reports.
September 20, 2019Self-Driving Trucks: A Reality Check
No discussion of the future of the trucking industry is complete without considering the advance of automated driving technology, and how it might support the movement of freight in the years and decades ahead.
September 20, 2019Pronto Aims for 'Crash-Proof Trucks'
CENTREVILLE, Va. —While some self-driving truck developers are focused on building a future when heavy-duty vehicles will operate autonomously on the highway, another startup has already begun to commercialize an automated driving system that it believes is market-ready today.
September 20, 2019Rail, Intermodal Providers Add Technology, Improve Operations to Boost Efficiency
LONG BEACH, Calif. — Rail and intermodal providers said they are increasing speed and efficiency to become more competitive, and technology is helping them improve operations.
September 19, 2019