Fleets Use Risk Management Strategies That Emphasize Training, Technology
In an era of nuclear verdicts, fleets are finding it essential to maintain an effective risk management strategy to help protect the safety of their employees and the motoring public while also shielding their businesses from liability.
March 1, 2021Chinese Trucking Startup Files Confidentially for US IPO
China’s Uber-like startup Full Truck Alliance confidentially has filed for an initial public offering that could raise at least $1 billion as soon as this year, according to people familiar with the matter.
February 26, 2021Grote Launches New Headlamps
Grote Industries announced its newest forward lighting, the 90mm LED High Beam and Low Beam headlamps and the 90mm Combination High Beam/Low Beam LED headlamp module.
February 26, 2021Dana Taps Byron Foster as Chief Commercial Officer
Dana Inc. announced Byron Foster joined the company as chief commercial, marketing and communications officer.
February 26, 2021Nikola Falls After Paring Output Goals for Debut Electric Trucks
Nikola Corp. shares slipped after the company cut projected output of its first commercial zero-emission vehicles and said it may seek to raise more capital to invest in facilities such as a planned hydrogen-fueling network.
February 26, 2021Secretary Pete Buttigieg Suggests Usage Charge as Sustainable Funding Solution
Transportation Secretary Pete Buttigieg acknowledged the lack of sustainable transportation financing sources, but suggested an increase to the federal fuel tax rate would not offer a long-term solution.
February 25, 2021Senate Confirms EV Proponent Jennifer Granholm as Energy Secretary
Former Michigan Gov. Jennifer Granholm won Senate confirmation Feb. 25 to be President Joe Biden’s energy secretary. The vote was 64-35.
February 25, 2021Activists Say USPS Truck Purchase Defies Biden’s EV Order
The U.S. Postal Service currently plans for only 10% of its new truck fleet to be electric, Postmaster General Louis DeJoy said Feb. 24, angering environmentalists who say the move flies in the face of a White House executive order to electrify the government’s vehicles.
February 25, 2021Daimler Truck Eyes Profit Rebound, Electric Rig in Spinoff Year
Daimler AG’s truck unit will focus on restoring earnings this year and start producing an electric big rig as it gets ready to separate from the larger Mercedes-Benz luxury-car division after more than a century.
February 25, 2021Peterbilt Launches Updated Vocational Models 567 and 520
Peterbilt Motors Co. has updated its vocational Model 567 and 520 trucks, the company announced Feb. 24.
February 25, 2021