Volvo Reports Record Q3 Truck Deliveries
Volvo Group reported increased revenue and net income in the third quarter as deliveries of trucks rose 21%, with the strongest revenue coming from Europe as fleets replaced aging trucks — prompting a record for both truck production and delivery.
October 20, 2022September Trailer Orders Highest Since March
U.S. trailer orders in September just cleared 25,000 and, while down about 10% compared with a year earlier, were the highest since first quarter, ACT Research reported.
October 20, 2022Solera’s Spireon Introduces Next-Gen Cargo Sensor
Asset-tracking technology provider Spireon has introduced its next-generation cargo sensor, designed to give motor carriers more detailed information about available trailer capacity.
October 20, 2022UPS Aircraft Mechanics Ratify Labor Contract
Aircraft mechanics at UPS Inc. voted to ratify a labor contract extension that will give them a 3.3% hike in pay annually for three years, the International Brotherhood of Teamsters union announced Oct. 18.
October 19, 202211 More Crash Deaths Are Linked to Automated-Tech Vehicles
Eleven additional people were killed in U.S. crashes involving vehicles that were using automated driving systems during a four-month period earlier in 2022, according to newly released government data.
October 18, 2022Kodiak, Ikea Partner on Autonomous Freight Delivery Pilot
Kodiak Robotics Inc. has started piloting autonomous freight deliveries in Texas in cooperation with Ikea Supply Chain Operations, the companies announced Oct. 18.
October 18, 2022Classes 4-7 Sales in September Hit Ups and Downs
U.S. retail sales for Class 4 through Class 7 vehicles in September failed to clear 19,000, falling 5.6% compared with a year earlier, Wards Intelligence reported.
October 17, 2022Number of Guilty Pleas in Staged Accident Scams Reaches 41
Three additional participants in staged accidents with trucks in the New Orleans area have pleaded guilty to conspiracy to commit mail fraud charges, bringing to 41 the number of convicted conspirators in the FBI’s “Operation Sideswipe” investigation.
October 17, 2022Chip Delivery Times Shrink in Sign That Supply Crunch Is Easing
Chip delivery times shrank by four days in September, the biggest drop in years, in a sign that the industry’s supply crunch is easing.
October 17, 2022September US Class 8 Retail Sales Stay Strong
U.S. Class 8 retail sales in September were nearly 23,000 and reached the second-highest total this year, Wards Intelligence reported.
October 14, 2022