Daimler Truck Advances Battery-Electric Ambitions in Germany
Daimler Truck’s battery-electric vehicle ambitions took another step forward as the world’s largest truck maker opened a center devoted to developing battery expertise in Germany.
European Truck Sales Slump Hurts Paccar Q2 Profits
Paccar Inc. profits fell in the second quarter of 2024 on the back of sagging European truck sales and lower parts and financial services divisions profits.
Atlas Energy to Deploy Self-Driving Trucks for Fracking Sand
Atlas Energy plans to deploy self-driving trucks developed by Kodiak Robotics for delivery of fracking sand to Permian Basin oil and natural gas wells in Texas beginning in early 2025.
Volvo Trucks North America Offers CARB-Compliant Engine
Volvo Trucks North America announced the availability of a diesel engine that meets CARB requirements for nitrogen oxide and particulate matter emissions standards.
Freight Recession Still Squeezing Marten’s Profits, Margins
Profits and margins at Marten Transport continued to weaken in Q2 of 2024, dented by the ongoing industrywide supply-demand imbalance, higher costs and softer freight rates.
Truck Maker Hyzon Raises Funds for Working Capital
Hyzon Motors is set to bolster its working capital through an equity sale, the latest move in the hydrogen fuel cell-powered truck maker’s ongoing restructuring, it said July 19.
Volvo Q2 Profits Jump on Price, Margin Increases
Volvo Group profits jumped year on year in the second quarter of 2024 on the back of truck price increases and improved margins for construction equipment plus marine and industrial engines.
Paccar Technical Center Expands Campus, Adds Staff
The Paccar Technical Center continues to grow in size and head count, some 42 years after the Mount Vernon, Wash., facility began operations, according to its top executive.
Peterbilt Rolls Out SmartLINQ Prognostics Software Addition
Peterbilt recently launched a broader rollout of its Prognostics diagnostics software, a senior executive said.
Daimler Truck Takes Chinese JV Write-Down, Cites Weak Sales
Daimler Truck will take a writedown on the value of its Chinese joint venture due to a persistently weak market in Asia’s largest economy, the German truck manufacturer said July 16.