TeraWatt Breaks Ground on First Heavy-Duty Truck Facility

TeraWatt Infrastructure broke ground Nov. 2 on its first heavy-duty electric truck charging site in California, the company said.

Keiron Greenhalgh | Staff Reporter
November 3, 2023
Business, Equipment

Mack Trucks Launches Subscription-Based Leasing for MD Electric

SONOMA, Calif. — Mack Trucks on Oct. 30 launched ElectriFi Subscription, a usage-based leasing option for the MD Electric truck.

Keiron Greenhalgh | Staff Reporter
November 2, 2023
Business, Equipment, Fuel

Mack Trucks Showcases MD Electric Truck in California

SONOMA, Calif. — Mack Trucks showcased its medium-duty MD Electric truck Oct. 30 through Nov. 1 at Sonoma Raceway.

Keiron Greenhalgh | Staff Reporter
November 2, 2023
Business, Equipment

Cummins Profit Soars as Meritor Deal Boosts Revenue

Cummins Inc. posted a 64% year-over-year jump in profits in the third quarter of 2023 as the acquisition of axles and brakes specialist Meritor continued to boost the company’s bottom line.

Keiron Greenhalgh | Staff Reporter
November 2, 2023
Business, Technology, Equipment

Eaton Q3 Profit Jumps, Beats Analyst Expectations

Profits at Eaton Corp. jumped year-over-year in the third quarter, but executives are not optimistic about commercial vehicle prospects in 2024.

Keiron Greenhalgh | Staff Reporter
November 1, 2023
Business, Equipment, Fuel

Freightliner eM2 Serial Production Begins at Portland Plant

Serial production of Freightliner’s eM2 medium-duty battery-electric truck began at Daimler Truck North America’s Portland, Ore., manufacturing plant in recent days, DTNA said Oct. 26.

Keiron Greenhalgh | Staff Reporter
November 1, 2023
Business, Technology, Equipment

Tevva, ElectricaMeccanica End Partnership

Plans to build a hybrid electric and hydrogen-powered Class 8 truck floundered in recent days as startup merger partners Tevva Motors Ltd. and ElectraMeccanica Vehicles Corp. parted ways.

Keiron Greenhalgh | Staff Reporter
November 1, 2023
Business, Equipment

Allison Transmission Third-Quarter Profit Rises 14%

Allison Transmission Holdings posted net income of $158 million in the third quarter of 2023, an increase of 14% from $139 million in the same period in 2022, the company said Oct. 25.

Keiron Greenhalgh | Staff Reporter
October 31, 2023
Business, Equipment, For-Hire

Court Approves Yellow Administrators’ Auction Plans

A court on Oct. 27 approved plans by the administrators of Yellow to use auctioneers to sell the company’s rolling stock, as Jack Cooper Transport eyes a bid to rescue the motor carrier.

Keiron Greenhalgh | Staff Reporter
October 30, 2023
Business, Equipment

Mack, UAW End Latest Labor Talks With No Deal

Negotiations between Mack Trucks and the United Auto Workers union over a labor agreement ended Oct. 26 with no new master contract in place, the Volvo Group subsidiary said.

Keiron Greenhalgh | Staff Reporter
October 30, 2023