Daimler Unwraps Autonomous, Electric Demonstration Truck
Daimler Truck unveiled plans May 8 to begin operating an autonomous, battery-electric Freightliner eCascadia demonstration truck.
Detroit Reman Completes Expansion of Minnesota Facility
An expansion of Detroit Diesel Remanufacturing’s Hibbing, Minn., plant is complete, doubling the facility’s manufacturing and remanufacturing footprint, the division of DTNA said.
WattEV’s Bakersfield Battery-Electric Charging Depot Opens
WattEV opened a battery-electric charging depot in Bakersfield, Calif., on May 6, its largest yet, the company said.
Daimler Truck Q1 Profit Rises Even as Sales Fall
Daimler Truck profits rose year-over-year in Q1 2024, with executives and analysts more optimistic about the company’s North American business than its European operations.
UAW Members Ratify Four-Year Freightliner Labor Deal
United Auto Workers members ratified a four-year labor deal with Daimler Truck North America covering 7,400 mostly Freightliner employees, the union said May 4.
Eaton Q1 Profit Jumps 28.7% as Margins Increase
Profits at Eaton Corp. soared in the first quarter as sales and margins jumped at the component manufacturer’s largest reporting unit — Electrical Americas.
Paccar Q1 Profit Rises, Earnings Top Expectations
Profits at Paccar Inc. surged 63.5% in the first quarter of 2024, outstripping analysts’ expectations.
Saia Q1 Profit Increases 19.2% as Revenue Rises 14.3%
Saia Inc. posted a 19.2% increase in profits in the first quarter of 2024 but undershot analyst and market expectations, even as key metrics improved.
Waabi Opens Texas Terminal as Hub for Self-Driving Trucks
Waabi Innovation opened a terminal in Lancaster, Texas, to serve as the center of the company’s operations in the state, which are at the heart of the self-driving truck specialist’s ambitions.
Air Products Plans Alberta Hydrogen Truck Refueling Network
Air Products plans to build a network of hydrogen refueling stations between Edmonton and Calgary in Alberta for trucks, the industrial gas giant said.