January Trailer Orders Fall 35%, but Extend Record Backlog
U.S. trailer orders in January reached 25,800, dropping 35% compared with a year earlier, according to ACT Research Co.
February 20, 2019Fleets, Maintenance Shops Eye 24-Hour Service to Enhance Driver Productivity
Fleets find that by performing their own repairs, they can better control repair and wait times, and going commercial enables them to offset costs. Repairs can happen quickly while drivers are at home during their off-duty hours, making it a recruiting and retention tool.
February 20, 2019DRiV Inc. to Emerge From Tenneco Later This Year
DRiV Inc. is the name of an aftermarket parts and ride performance company that is being launched in the wake of Tenneco Inc.’s separation into two independent companies, Tenneco announced.
February 19, 2019Toyota Acquires Chicago-based Hoist Liftruck
Toyota Industries North America has acquired Chicago-based Hoist Liftruck Manufacturing. The company will be renamed Hoist Material Handling.
February 19, 2019Cooper Expands Commercial Tire Lineup
Cooper Tire added the Roadmaster RM351 HD tire to its commercial tire lineup.
February 15, 2019Dana Reports Record Results in 2018
Supplier Dana Inc. reported record full-year net income and revenue, and quarterly improvements in both areas.
February 15, 2019Amazon Leads $700 Million Investment in Electric Car Maker Rivian
Amazon.com led a $700 million equity investment in Rivian Automotive, the electric pickup and SUV maker preparing to deliver its first vehicles next year.
February 15, 2019Wabco Reports Record Annual Revenue
Commercial vehicle supplier Wabco Holdings Inc. reported lower net income and revenue for the fourth quarter, while full-year revenue set a record despite a slowdown in certain key markets.
February 15, 2019VW, Ford Discuss Alliance on Self-Driving Cars
Ford Motor Co. and Volkswagen AG are progressing toward an agreement to join forces on self-driving cars and have overcome earlier obstacles, according to people familiar with the talks.
February 15, 2019Class 8 Sales Jump 39.7% in January
Daimler Trucks North America rode its Freightliner brand to a nearly 50% market share of U.S. Class 8 retail sales in January as volume industrywide cleared 20,000 units, WardsAuto.com reported.
February 14, 2019