Equipment

Daimler AG and Nokia Oyj settled their dispute over the licensing of wireless technology patents in cars, ending a legal battle that has been watched beyond the auto industry and initially threatened sales of the iconic Mercedes brand in its home country.

Global electric-vehicle battery sales more than doubled in the first four months of the year as the switch to environmentally friendly cars gathers pace.

Self-driving truck technology company Plus reported a heavy-duty truck equipped with its PlusDrive autonomous system completed a 4,000-mile roundtrip journey on the historic Silk Road trade route.

Transervice Logistics Inc. appointed Gregg Nierenberg CEO and president after the retirement of company President Dennis Schneider and Executive Vice President Joseph Evangelist.

Kenworth Truck Co. announced a 52-inch flat roof sleeper intended for Class 8 crane, pump, car hauler and other applications that may require a low roof.

Detroit, a unit of Daimler Truck North America, announced its Detroit DD13 engine is now available with new features and power ratings focused on efficiency, robustness and thermal management, as well as with standard connected-vehicle services.

The average sales price for a used Class 8 sold in April set the all-time record, clearing $57,000, 50% higher than a year earlier.

Republican senators outlined a $928 billion infrastructure proposal May 27 that would tap unused coronavirus aid, a counteroffer to President Joe Biden’s more sweeping plan as the two sides struggle to negotiate a bipartisan compromise and remain far apart on how to pay for the massive spending.

It’s spring, and talk of electric vehicle infrastructure is sprouting all over.

Leaders of the rival Canadian National and Canadian Pacific railroads on May 26 made their pitches about why their respective railroads should be approved to purchase Kansas City Southern Railroad.