Eaton Posts Q2 Operating Loss in Vehicle Unit
Power management company Eaton Corp. reported sharp drops in net income and revenue in the second quarter as the novel coronavirus pandemic cut vehicle production at key customers.
August 4, 2020HDMA President, COO Tim Kraus Plans to Retire
Heavy Duty Manufacturers Association President Tim Kraus plans to retire early next year, the organization announced Aug. 3.
August 3, 2020Penske Truck Leasing Adds Core-Mark as EV Customer
Penske Truck Leasing announced longtime customer Core-Mark Holding Co. deployed one of Penske’s Class 8 battery-electric Freightliner eCascadias into its fleet.
August 3, 2020Meritor Names Hannah Lim-Johnson Chief Legal Officer
Meritor Inc. announced Hannah Lim-Johnson joined the company as chief legal officer.
August 3, 2020Brake Suppliers Invest in Sensing Technology
Integrating braking systems with sensors and telematics can enable more timely maintenance, reduce unplanned downtime and optimize component life while supporting “brake health.”
August 3, 2020Penske Truck Leasing Introduces Mobile Remote Service Check-In
Penske Truck Leasing has introduced a remote service check-in through a mobile app upgrade, the company announced July 27.
July 31, 2020Year-Over-Year Average Price for Used Class 8 Trucks Drops Again
The year-over-year average price of a used Class 8 vehicle in June declined for the 14th consecutive month.
July 30, 2020Meritor Posts Fiscal Q3 Loss, Steep Revenue Decline
Meritor Inc. reported a net loss and a broad decline in revenue in its fiscal-year third quarter amid decreased customer demand.
July 30, 2020Dana Reports Q2 Net Loss, Steep Drop in Revenue
Dana Inc. reported a net loss and sharp decline in revenue in the second quarter as its global business segments adjusted to unprecedented conditions in the midst of the novel coronavirus pandemic.
July 30, 2020Wabash Records Net Loss, Sharply Lower Revenue in Q2
Wabash National Corp. reported a second-quarter net loss and a drop in revenue amid COVID-19’s harsh effect on the trucking industry.
July 29, 2020