Government, Business, Fuel

Diesel Price Slides 8.8¢ to $4.366 a Gallon

The national average diesel price fell 8.8 cents to settle at $4.366 a gallon, according to Energy Information Administration data released Nov. 6.

Keiron Greenhalgh | Staff Reporter
November 6, 2023
Business, Equipment, Fuel

Tevva Files Suit Against ElectraMeccanica in Arizona

Tevva Motors Ltd. filed suit against ElectraMeccanica Vehicles Corp. Nov. 3 as the dispute between the onetime partners in building a Class 8 hydrogen-powered truck escalates.

Keiron Greenhalgh | Staff Reporter
November 6, 2023
Logistics

Schneider Q3 Profit Slumps, Misses Analyst Expectations

Profits at Schneider in the third quarter of 2023 slumped 72% year-over-year in what the company believes was the most challenging phase of the ongoing freight recession.

Keiron Greenhalgh | Staff Reporter
November 3, 2023

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