Deere Surges Most Since 2016 on Surprise Growth in Farm Recovery
Machinery giant Deere & Co. delivered an unexpected increase in earnings and maintained its annual outlook as early signs of stabilization in the U.S. farm sector offset a slowdown in construction. Shares rose the most in three years.
February 21, 2020Kia Recalls SUVS, Vans on Electrical Problem That Can Cause Fires
Kia is joining its affiliate Hyundai in recalling thousands of vehicles in the U.S. because water can get into a brake computer, cause an electrical short and possibly a fire.
February 21, 2020Peterbilt Launches Top Customer Service Designation for Dealers
Peterbilt Motors Co., a unit of Paccar Inc., announced the first 71 dealers to earn its Platinum Service Center certification.
February 20, 2020January Trailer Orders Down 43% Year-Over-Year
Net trailer orders in the United States for January underscored that caution remains a central factor in fleets’ equipment purchasing plans, as orders sank to the lowest total of any January in 10 years, ACT reported.
February 20, 2020Omnitracs Targets Lower Hardware Costs, Faster Replacement Cycles for Onboard Tech
LAS VEGAS — Omnitracs is aiming to shorten the replacement cycle for onboard technology in the trucking industry, in part by driving down the cost of telematics hardware while easing the migration to new systems.
February 19, 2020GM’s Detroit-Hamtramck Assembly Poised to Begin Electric Transformation
The last Chevrolet Impala will roll down the line next week at Detroit-Hamtramck Assembly, making way for the plant’s next phase: electric vehicles.
February 19, 2020NFI Motivated to Move Forward on Electric
CHINO, Calif. — For-hire carrier NFI is planning broader adoption of electric Class 8 trucks after six months of testing the Freightliner eCascadia in Southern California, the company said.
February 19, 2020Electric Trucks Must Reap Financial and Environmental Benefits, Execs Say
FONTANA, Calif. — The financial case must be just as sound as the environmental argument if electric trucks are to succeed in the marketplace, stakeholders said.
February 19, 2020Rep. Sam Graves Highlights Push to Streamline Permitting Process
Policies aimed at expediting the permitting process related to big-ticket infrastructure projects would enhance connectivity along freight and commuter networks, Rep. Sam Graves, the top Republican on the House transportation panel, recently indicated.
February 18, 2020January Tonnage Up 0.8% Compared to 2019
Truck tonnage on a seasonally adjusted basis rose 0.8% in January compared with year-ago levels, according to American Trucking Associations’ For-Hire Truck Tonnage Index, which was released Feb. 18.
February 18, 2020