Equipment

Meritor Inc. reported lower fiscal fourth-quarter net income and revenue, pointing to the COVID-19 pandemic’s effect on customer demand.

Meritor Inc. announced Jay Craig, CEO and president, will transition to the role of executive chairman of the board of directors on Feb. 28, 2021. Chris Villavarayan, executive vice president and chief operating officer, will succeed him in both roles, and will join the board.

U.S. trailer orders for October soared to 54,200, the third-best in industry history, ACT Research reported, citing trailer makers’ preliminary market estimate.

Diesel can play a central role for the transportation sector as it moves toward a more sustainable future, a panel of experts said.

ZF Friedrichshafen AG is looking to nearly double its 2019 revenue from its commercial vehicle segment, which now includes its $7.1 billion acquisition of Wabco Holdings Inc.

Class 8 U.S. retail sales in October remained 18.4% below year-ago levels and closed in on 19,000 to signal replacement demand is strong, analysts said.

Volvo Trucks North America announced it made the latest generation D13 turbo compound engine standard in all VNL 740, 760 and 860 models.

Eaton Corp. is evaluating 3D printing technology that could broaden the power management company’s application of it to include production parts, an executive said.

Self-driving truck startup Plus announced that a commercial truck equipped with its automated driving technology has passed a national certification test and met all safety and performance requirements to begin on-road operation in China.

A COVID-19 outbreak has upended production at electric truck startup Workhorse Group as nearly 40% of the company’s factory workforce have become infected or exposed to the virus.