Equipment

Renault SA and China’s Geely announced plans on Nov. 8 for a jointly owned venture to produce gasoline-powered and hybrid powertrains, adding to a series of partnerships between global automakers to share soaring technology costs.

Oil tankers hauling fuels such as gasoline and diesel are poised for their biggest demand surge in three decades next year, with disruption to Russian oil flows boosting the distances vessels will have to sail.

Autonomous vehicle company Aurora Innovation Inc. and Ryder System Inc., a provider of supply chain, dedicated transportation, and fleet management solutions, announced a strategic collaboration to pilot on-site fleet maintenance.

Daimler Truck North America announced a recall of potentially 218,147 units including certain new Cascadia, Western Star and Business Class M2 models equipped with painted modulator valves and adaptive cruise control technology and related anomalies with braking.

Over the past year, the autonomous trucking sector has accelerated efforts to test its technology in real-world applications.

Already the No. 1 inland port in North America, Laredo is expected to further solidify its position and see substantial trade growth according to local leaders thanks to the planned addition of a second international railway bridge.

Last summer, Holt Truck Centers signed a deal to become the certified dealer of Phoenix-based Nikola Corp.’s trucks in Texas.

Diversified commercial vehicle supplier Commercial Vehicle Group reported a decline in net income in the third quarter as revenue rose slightly.

A new Chinese electric vehicle startup, BeyonCa, is touting its ability to monitor drivers’ health for serious incidents like a heart attack to help stand out in an increasingly crowded market.

North American Class 8 orders in October soared past the year-earlier volume and retreated a step or two from the previous month’s all-time record, ACT Research reported, calling it further confirmation of pent-up demand.