Equipment

Orange EV will establish a new corporate headquarters and manufacturing operations in Kansas City, Kan., the electric heavy-duty vehicle manufacturer announced Nov. 16.

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 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.

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.

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.

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 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 Transport Services Inc. set a new goal to reduce its carbon emission intensity 32% by 2034, the company announced Nov. 14.

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.

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.