DB Schenker to Carry Out Range Energy Trailer Testing in H2
DB Schenker will carry out a pilot program testing Range Energy’s electrified dry van trailers in the second half of 2024, the startup said.
Peterbilt Introduces Additional Mirrors for 579, 567 Models
Peterbilt is set to offer digital vision system-mirrors for its Models 579 and 567, and the truck maker expects to improve truck drivers’ visibility options and safety, it said.
Traton Profits Rise on Higher Prices, 'Favorable' Markets
Profits for global truck manufacturer Traton rose in the first quarter on momentum from favorable market conditions and higher prices, including for the International Trucks brand.
DTNA, UAW Ink Tentative Labor Deal for Freightliner Plants
Daimler Truck North America inked a tentative four-year labor agreement with the UAW on April 26, hours before the prior deal at Freightliner manufacturing sites in the U.S. was set to expire.
Labor Deal Signing Bonuses Dampen Record Allison Sales
Signing bonuses linked to a labor contract ratified by United Auto Workers members in January hurt profits at Allison Transmission Holdings in the first quarter of 2024.
TFI Profit Falls 17.1% on ‘Worse Than Expected’ Market
Profits at TFI International fell 17.1% year-over-year in the first quarter of 2024 on the back of what CEO Alain Bédard said was a particularly weak freight environment.
Intermodal Chassis Manufacturers Pull Back on Output
Intermodal chassis manufacturers are scaling back production as a result of weak demand as well as a supply overhang, company executives said.
Truck, Trailer Reefer Weakness Hurts Carrier Global Profits
Carrier Global profits dropped in the first quarter of 2024, with results hurt by weaker North American truck and trailer refrigeration sales, the company said April 25.
Tesla Promises Semi Truck Production to Begin in Late 2025
Tesla Inc.’s touted Class 8 Semi tractor is likely to begin rolling off the company’s Reno, Nev., production line late next year, according to a senior executive.
Covenant Q1 Profit Slumps 76% on Freight Rate Weakness
Covenant Logistics Group profits tumbled in the first quarter of 2024, with freight rates and volumes taking a toll on earnings as expected.