Equipment

LAKEWOOD, N.Y. — Cummins Inc. is readying a $452 million investment in its 1 million-square-foot Jamestown Engine Plant to produce a fuel-agnostic internal combustion engine platform.

Fleets around the world experienced a 16% year-over-year decline in idling time in 2022, according to customer data from video telematics company Lytx.

Boeing Co. cautioned that the aerospace industry could suffer from supply disruptions for more than half a decade, delaying deliveries to airlines and hampering the rebound from COVID-19.

Ford Motor Co. CEO Jim Farley is sticking with a goal for the company’s money-losing electric vehicle unit to be churning out 2 million models annually in a few years.

Deere & Co. raised its full-year profit forecast amid strong demand for farm equipment and the easing of supply chain woes that have dogged companies since the pandemic.

Whether battery-swapping becomes a more mainstream alternative to charging in the U.S. depends, in part, on more automakers working with companies like Ample.

NEW YORK — Walmart reported a strong first quarter and boosted its outlook for the year as the nation’s largest retailer continues to draw budget-conscious consumers.

U.S. trailer orders dropped by nearly half from the year-ago total to an estimated 10,000 units in April, ACT Research reported.

Tesla Inc. CEO Elon Musk said the electric carmaker will dabble in advertisements, a major shift for the company that has largely avoided traditional marketing.

Changes to the HOS rule that went into effect in late 2020 may have increased flexibility for truck drivers, but the percentage of violations rose “significantly higher," according to FMCSA.