Wabco Invests $10 Million in Nikola
Commercial vehicle supplier Wabco Holdings Inc. announced it has made a $10 million strategic investment in Nikola Motor Co., which is developing hydrogen-electric Class 8 trucks and other vehicles, vehicle components, energy storage systems and electric vehicle drivetrains.
December 28, 2017Accuride to Add Five Distribution Centers
Commercial vehicle supplier Accuride Corp. announced it will extend its North American distribution network to target key regional markets to reduce lead times and provide aftermarket customers with new shipment options.
December 28, 2017Roadrunner Avoids Stock Exchange Delisting
Roadrunner Transportation Systems received an extension through April 4 to remain on the New York Stock Exchange, avoiding a delisting due to the company retracting financial statements for every quarter since the beginning of 2016 and also pulling its annual reports for 2015 and 2016.
December 28, 2017Navistar Finishes Strong, Reports Profitable 4Q, Fiscal Year
Navistar International Corp. reported net income and revenue increases for its fiscal year fourth quarter and full-year periods amid higher demand for its International brand trucks. It was the company’s second-consecutive profitable quarter, and only its third profitable quarter over the last 21 quarterly periods.
December 19, 2017Diesel Dips 0.9¢ to $2.901 a Gallon
The U.S. average retail price of diesel slipped 0.9 cent to $2.901 a gallon. The cost of trucking's main fuel dropped in all regions, except New England (up 2.4 cents) and the Central Atlantic (unchanged).
December 18, 2017Peloton Demonstrates Platoon System in Michigan
Peloton Technology recently demonstrated its driver-assist truck platooning system on Interstate 96 in Michigan with two Volvo VNL 670 trucks, featuring one following about 60 feet behind the lead truck.
December 18, 2017CenterPoint Keeps Growing in Miami Area
CenterPoint Properties in December made its third acquisition in 2017 in the Miami market, buying a 130,000-square-foot Class A building in the Gratigny submarket.
December 18, 2017Share the Road Drivers Deliver Wreaths to Arlington Cemetery
American Trucking Associations and ATA’s Share the Road Highway Safety Program celebrated the arrival of the Wreaths Across America convoy at Arlington National Cemetery in Arlington, Va., Dec. 16.
December 16, 2017Editorial: Looking Back, Moving Ahead
Truck Makers Recall Kidde Fire Extinguishers
Mack Trucks and Volvo Trucks North America are recalling certain models of Kidde fire extinguishers sold as accessories for use in their trucks, citing a potential risk in 37,367 vehicles.
December 14, 2017