Cummins to Pay $2 Billion Fine After Emissions Probe
Cummins agreed to pay a $2 billion penalty as part of a Department of Justice investigation that determined devices that bypassed emissions sensors had been installed on Cummins engines.
Trailer Orders Fall for First Time in Five Months in November
U.S. trailer orders fell year-over-year for the first time in five months in November and plunged more than 40% month-over-month, according to preliminary data released by ACT Research.
Estes Is High Spender on Yellow Terminals in Latest Auction
Estes Express Lines was the high spender in the latest round of bidding for freight terminals owned or leased by bankrupt less-than-truckload carrier Yellow Corp., court documents show.
BWT Logistics Purchases North Carolina-Based 3PL IET
BWT Logistics is set to acquire Lowell, N.C.-based third-party logistics specialist International Express Trucking for an undisclosed sum.
Hub Group Buys Forward Air Final-Mile Unit for $262 Million
Hub Group Inc. is set to buy the final-mile unit of Forward Air Corp. for about $262 million in cash, Oak Brook, Ill.-based Hub Group said.
Battery-Electric Truck Growth Underwhelms in 2023
Progress in 2023 for battery-electric trucks was slower than expected, with demand underwhelming and improvements needed for the underlying infrastructure, some OEM executives say.
Greenlane, Uber Freight Join in Electric Truck Charging Push
Greenlane plans to use Uber Freight data alongside its own findings in building its proposed public electric and hydrogen commercial vehicle charging network, the joint venture said.
Daimler Partners With Amazon for Fuel Cell Truck Trials
Daimler Truck plans to begin the first on-road customer tests of hydrogen fuel cell-powered Mercedes-Benz GenH2 trucks in global markets in the middle of 2024.
November Medium-Duty Sales Rise 6.1% Year-Over-Year
U.S. retail sales for medium-duty trucks rose 6.1% year-over-year in November, bouncing back after the first decrease in seven months in October, according to Wards Intelligence data.
Class 8 Sales Fall for Fourth Consecutive Month in November
Class 8 retail truck sales in November fell year-over-year for a fourth consecutive month, Wards Intelligence data showed.