Eaton Corp. reported second-quarter net income rose and revenue was flat while segment margins were 20.1%, a quarterly record and above the high end of the guidance.
August 3, 2022Search
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Volvo Plans to Make Its Own Batteries in Electric Truck Shift
Volvo AB plans to build a “large-scale” battery plant in Sweden to meet an expected surge in demand for electric trucks and buses.
August 3, 2022Cummins in Q2 Notches Highest-Ever Quarterly Revenue
Cummins Inc. in Q2 posted all-time record quarterly revenue and solid profitability reflecting strength primarily in the North American market, the company announced Aug. 2.
August 3, 2022Alaskans Help State Officials Prepare for EV Charging
The Alaska Energy Authority is working to overcome public perception barriers of cold climate performance, driving range anxiety and high electricity demand charges in its electric vehicle infrastructure push.
August 2, 2022Daseke Reports Mixed Results in Second Quarter
Daseke Inc. saw a decline in earnings despite revenue gains during the second quarter of 2022, the company reported Aug. 2.
August 2, 2022Mack Trucks Introduces First EV Dealer for New York
Gabrielli Truck Sales has become Mack Trucks’ first certified electric vehicle dealer in New York, it was announced July 28.
August 2, 2022Traton Group Reports Big Revenue Gains in First Half
Navistar parent company Traton Group in July reported strong operating results and revenue for the first half of 2022, despite what it called an extremely challenging market.
August 2, 2022Western Star Launches 57X Class 8 Model
YPSILANTI, Mich. — Western Star is launching a new Class 8 over-the-road model that parent company Daimler Truck North America promises will deliver on the niche brand’s reputation for dependability and toughness, while adding advanced safety, driver comfort and fuel efficiency features.
August 2, 2022Appeals Court Denies Review of HOS Shorthaul, Driver Break Requirements
A challenge to certain federal hours-of-service regulations filed by the Teamsters Union and three nonprofits will not be reviewed by a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit.
August 1, 2022Consistency Wins Championships, North Carolina’s Walker Says
Brian Walker has spent more than a decade competing at the National Truck Driving Championships. This year, the Tar Heel State’s grand champion with TForce Freight competing in the 3-axle, is trying to prove he finally perfected a winning formula.
August 1, 2022