Another Hurdle to Electric Truck Adoption: Setting Resale Value
Daimler Trucks Financial has leased Mitsubishi FUSO medium-duty electric trucks to Penske Truck Leasing and others, but no one knows what they will be worth when the leases end.
Ram Pickup Truck Sales Overtake Chevy Silverado in First Quarter
Sales of Ram pickups overtake those of Chevrolet’s Silverado during the first quarter of the year.
Q1 Truck Orders Plunge as Industry Works Down Backlog
Heavy-duty truck orders dropped 64 percent in first quarter of 2019 compared with a record quarter a year ago, but analysts say the truck market will recover.
ATA Launches Road Repair Campaign, Seeks Trump Support
The American Trucking Associations has launched a multimedia campaign to pressure Congress for money to repair roads and bridges but admits the need for presidential support.
Daimler Doubles Down on Self-Driving Trucks With Torc Acquisition
Daimler Trucks purchased a majority interest in Torc Robotics, a maker of automated vehicle systems that Daimler sees as a key to commercializing driverless trucks on U.S. roads.
Auto Tech Giant ZF Friedrichshafen to Pay $7 Billion for Wabco
German auto and truck technology and parts supplier ZF Friedrichshafen plans to acquire rival Wabco in a deal valued at $7 billion.
Wrecked Heavy-Duty Trucks Get Second Chance
More than 100,000 of the country’s 3.5 million heavy-duty trucks are salvaged each year, generating replacement parts that keep trucks moving.
Expect Fast Adoption of Digital Freight Brokerage Solutions
The freight brokerage process needs to – and will – adopt digitalized solutions.
Little-Known SBA Loans Can Fuel Trucking Companies’ Growth
Trucking companies looking to buy trucks or real estate or needing working capital can tap loans backed by the Small Business Administration, but limits apply.
Workhorse Electric Vans and Pickups Delayed by Financial Setbacks
Financial setbacks and executive changes have delayed Workhorse Group electric vans and pickup truck production as the company shifts its focus to production over innovation.
Nikola Closes Land Deal for Arizona Truck Plant
Fuel cell truck developer Nikola motor closed a reported $23 million Arizona land deal for a million-square-foot manufacturing plant.
Owner-Operator Trucker Earnings to Level After Record 2018
As the booming freight market cools, owner-operator truckers, who saw record average revenue last year, will have to cut costs to thrive in 2019, expert says.