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.
Detroit Supplies Most Class 8 Engines Overall in 2021 First Half
Detroit, the engine brand of Daimler Trucks North America, supplied the most Class 8 engines in North America during the first half of this year, nudging past independent engine maker Cummins Inc. by 1,344 units or 1.1 percentage points.
Eaton Profits, Revenue Soar in Q2
Eaton Corp. reported second-quarter net income and revenue surged while segments margins set a record for the quarter.
Uber-Backed Joby Aviation Goes Public; Share Price Slides
Joby Aviation, which promises to build and operate a commercial fleet of aerial taxis by 2024, will begin trading Aug. 11, testing the imaginations of public investors.
Bridgestone Breaks Ground on Expansion of Kentucky Air Springs Plant
Bridgestone Americas broke ground on a $51 million expansion to its air springs production facility in Williamsburg, Ky., the company said recently.
August 9, 2021Xos to Supply FedEx Ground With 120 Medium-Duty EVs
Xos Inc., a manufacturer of Classes 5-8 electric commercial vehicles, announced an agreement to deliver 120 zero-emission, medium-duty electric trucks to 35 different FedEx Ground operators in five states.
August 9, 2021Startup TextLocate Seeks to Improve Freight Tracking
In today’s digitally connected world, the status and location of most freight shipments can be immediately determined by GPS trackers, phone apps or simply making a cellphone call to the trucker hauling the package for delivery.
Maersk’s Green Shipping Plan Runs Up Against Scarce Cooking Oil
A.P. Moller Maersk A/S’s efforts to become carbon-neutral face an unusual hurdle: There isn’t enough used cooking oil to make the biofuel that powers the vessels.
Kenworth T680 Next Generation Earns EPA SmartWay Designation
One of Kenworth Truck Co.’s new models received a government designation certifying its energy efficiency and reduced emissions, the original equipment manufacturer announced Aug. 5.
August 9, 2021Nikola’s Indicted Ex-Chairman Milton Sells $77 Million of Stock
Nikola Corp. founder and former chairman Trevor Milton raised about $77 million selling shares in the electric truck manufacturer, days after pleading not guilty to charges he misled investors to hype the stock.
Americold Swings to Q2 Loss
Refrigerated warehouse operator Americold Realty Trust saw revenue rise in the second quarter but swung to a loss for the period because of disruptions in the global food supply chain.