Equipment

Electrified powertrain company Hyliion Holdings Corp. announced it is set to join the broad-market Russell 3000 Index at the conclusion of the 2021 Russell indexes annual reconstitution.

Bridgestone Americas announced it made a minority investment in self-driving truck technology company Kodiak Robotics Inc.

Electric truck manufacturer Xos Inc. announced it established a new powertrain division called Powered by Xos.

The moving industry is facing mammoth labor and truck driver shortages during the peak military moving season and an explosion of moving demands in the commercial market, possibly delaying unscheduled summer moves until August or September, according to American Trucking Associations' Moving and Storage Conference.

DETROIT — General Motors will raise its spending on electric and autonomous vehicles and add two U.S. battery factories as it gambles that consumers will eagerly switch from gasoline to the new technology.

U.S. retail sales in May for Classes 4-7 improved 36% compared with a year earlier, as all but the heaviest class showed strong gains, WardsAuto .com reported.

The National Highway Traffic Safety Administration has announced plans “over the next year and beyond” to issue a new proposal that would set standards and require heavy trucks to be equipped with automatic emergency braking systems.

U.S. trailer order volume was the lowest of the year but well above last year’s comparable results that were depressed by the coronavirus pandemic.

Mack Trucks announced customers can now order a Mack mDRIVE HD automated manual transmission in Mack TerraPro cabover concrete pumpers powered by the 13-liter Mack MP8 engine.