Equipment
Commercial freight transportation is a machine-based business. Highly technical equipment and advanced engineering are at the center of supply chain and require constant innovation. Transport Topics equipment coverage focuses on the machines and other physical assets that make delivery possible. It looks closely at available truck, trailer, and chassis models, developments in the engineering space, and maintenance innovations and best practices.
Orange EV to Relocate Headquarters to Support Product Demand
Orange EV will establish a new corporate headquarters and manufacturing operations in Kansas City, Kan., the electric heavy-duty vehicle manufacturer announced Nov. 16.
November 16, 2022Factory Output Barely Rises After Tepid Gains in Prior Months
U.S. factory output rose in October by less than expected after downward revisions to prior months, suggesting manufacturing is losing some steam as domestic and global demand moderates.
Traton Reports Operating Profit Slips, Revenue Jumps
Traton Group reported operating profit fell 32% and revenue rose 32% in the nine-month period ending Sept. 30 compared with a year earlier, and noted a challenging environment remains.
Inspectors Place 13.3% of CMVs Out of Service During Brake Safety Week
Commercial motor vehicle inspectors in North America conducted 38,117 inspections Aug. 21-27 during Brake Safety Week, placing 13.3% of vehicles out of service for brake-related violations.
October Average Retail Price for Used Class 8 Stays Above $83,000
The average U.S. retail price in October for a used Class 8 just cleared $83,000, 15% higher compared with a year earlier, ACT Research reported.
The Battery Supply Chain Is Finally Coming to America
Redwood Materials Inc., the battery recycling company created by Tesla co-founder J.B. Straubel, said it has reached a deal to supply Panasonic with billions of dollars in critical battery components that will be produced in the U.S. for the first time.
Daimler Reports Strong Q3 Gains Amid Constraints
Daimler Truck Holding AG reported a continued profitable growth path during the third quarter, with rocketing net income and higher revenue despite supply chain constraints and headwinds from raw material and energy prices.
J.B. Hunt Plans Carbon Emission Intensity Reduction of 32% by 2034
J.B. Hunt Transport Services Inc. set a new goal to reduce its carbon emission intensity 32% by 2034, the company announced Nov. 14.
November 14, 2022FedEx Freight Unit Furloughs Workers as Cargo Demand Slows
FedEx Corp.’s freight unit is putting workers on furlough in some U.S. markets, adding to mounting evidence of a cargo slowdown as the company joins other large employers trimming their ranks.
October Classes 4-7 Retail Sales Uneven
Classes 4-7 U.S. retail sales in October were off 5% from a year earlier, thanks only to strength in Class 6 as the other classes fell, Wards Intelligence reported.