Allison Transmission Employees Ratify Four-Year Labor Deal
Around 1,500 unionized employees at Allison Transmission Holdings on Jan. 16 ratified a revised four-year labor agreement, the United Auto Workers union Local 933 said Jan. 17.
Schaeffler Pushes Toward Class 8 With Electric Drivetrain
LAS VEGAS — Component maker Schaeffler is developing an electric axle, motor and battery drivetrain package for North American commercial vehicles, up to and including Class 8 trucks.
December Medium-Duty Sales Rise 9.1% Year-Over-Year
U.S. retail sales for medium-duty trucks rose 9.1% year-over-year in December while finishing 2023 some 8.4% higher than 2022’s full-year total, according to data from Wards Intelligence.
Truck Maker Xos Bolsters Finances as Deliveries Ramp Up
Classes 5-8 electric truck maker Xos obtained a $48.5 million capital infusion from serial e-mobility investor ElectraMeccanica, the companies said.
Cummins to Spend $580 Million on North Carolina Engine Plant
Cummins Inc. plans to spend $580 million on its Rocky Mount Engine Plant in North Carolina, much of it as part of the company’s decarbonization push, it said.
Allison Transmission Workers to Vote Jan. 16 on Labor Deal
Some 1,500 unionized employees at Allison Transmission Holdings are set to vote Jan. 16 on ratifying a revised labor agreement, the United Auto Workers union Local 933 said.
Class 8 Sales Fall for Fifth Consecutive Month in December
Class 8 retail truck sales in December fell year-over-year for a fifth consecutive month, Wards Intelligence data showed, but full-year 2023 sales ended 4.9% higher compared with 2022.
PS Logistics Buys Buddy Moore Trucking
PS Logistics has acquired Buddy Moore Trucking, which is also based in Birmingham, Ala.
Battery Plant Location Decision Nears for Paccar, Partners
LAS VEGAS — Paccar, Daimler and Cummins are nearing a decision on the location of a factory to produce lithium-iron phosphate batteries.
Kenco Buys The Shippers Group
Chattanooga, Tenn.-based third-party logistics group Kenco is to buy The Shippers Group, a Dallas-based third-party warehousing company, it said.