Equipment

Farizon Auto, Zhejiang Geely Holding Group Co.’s new energy commercial vehicle brand, is considering raising as much as $300 million in fresh funds ahead of a potential U.S. initial public offering, according to people familiar with the matter.

Ford Motor Co. projects its electric F-Series pickup factory under construction in Tennessee will ultimately produce half a million trucks a year, about 40% more than the company forecast in November.

North American transborder truck freight in January jumped nearly 13% year-over-year, according to Bureau of Transportation Statistics figures released March 22.

A broad-based group representing motor carriers, truck manufacturers and truck dealers has launched a coalition intended to serve as a voice for key trucking industry stakeholders.

Renault SA is inviting investment banks to pitch for a role on the planned initial public offering of its Ampere electric vehicle business, according to people familiar with the matter.

U.S. trailer orders fell just shy of 26,000 units in February, falling short of the year-ago total, ACT Research reported.

Minnesota Gov. Tim Walz signed legislation to crack down on catalytic converter theft in the state, the latest in a series of moves by state lawmakers to help residents combat what has become a nationwide problem.

Port leaders from around the nation will be in Washington on March 27-30 for the annual Legislative Summit hosted by American Association of Port Authorities.

A European-based component supplier to Volvo Trucks North America is locating its new North American headquarters near the vehicle maker’s production factory in Virginia’s New River Valley — a move that the state’s governor praised for bringing a jolt to the region’s business community.

A global biofuel boom is set to drive a shortage of vegetable oils — used for cooking and now increasingly to power trucks and planes — intensifying a debate over food versus fuel.