Fleet Equipment News

With the Mack Trucks strike slated to end, a recent report from parent company Volvo Group provides a look at the heavy-duty truck market that 3,500 workers will return to next week.

Ever since digital antilock braking systems were mandated in the mid-1990s, an ever-increasing array of electrically powered, data-networked technologies have placed increased demands on the tractor electrical system and databus.

Commercial vehicle brake supplier Haldex AB reported lower third-quarter earnings and higher revenue as it increased sales slightly in North America.

Rush Enterprises Inc., with more than 100 truck dealership locations in 22 states, reported net income eased a bit while revenue rose in the third quarter as it notched nearly 6% of all new Class 8 sales nationally.

Daimler AG, Volvo AB and other truck makers should be ordered to pay 867 million euro ($965 million) over a price-fixing cartel, according to lawyers in Germany for companies that were overcharged.

Elon Musk flipped the script on those who doubted Tesla Inc. could return to profitability and meet aggressive timelines, delivering positive earnings few saw coming and declaring he’s ahead of schedule on a new plant and product.

Daimler AG reported higher net income and revenue as sales of cars and vans rose, while truck sales globally fell 8% in the third quarter.

Caterpillar Inc. shares rebounded as investors welcomed the move by the company to cut production, helping it navigate the global economic downturn.

German tire manufacturer Continental AG celebrated the grand opening of its first plant dedicated to truck tires, the company said in an Oct. 16 news release.

Closures and layoffs continue to vex the trucking industry in 2019, but three recent downsizings were attributed by the companies involved more to the vicissitudes of the energy, retail and final-mile industries than to a slowdown in the overall freight market.