Estes Express Says It Is Doing Well Post-Cyberattack
Executives from Estes Express Lines recently shared details and lessons learned about the company’s response after an October cyberattack hampered the carrier’s operations.
Third-Quarter Loss Widens for Truck Maker Hyzon
Third-quarter losses at Hyzon Motors Inc. increased to $41 million from $25 million in the year-ago period as the Class 8 hydrogen FCEV manufacturer eyes the start of serial production.
UAW, Mack Trucks Ratify New Collective Bargaining Agreement
Mack Trucks on Nov. 15 announced that members of the United Auto Workers union ratified a new five-year collective bargaining agreement with the company, covering about 3,900 employees.
ConMet Buys TruckWings Creator TruckLabs
Heavy-duty commercial truck and trailer component manufacturer ConMet bought TruckLabs, whose products include the tractor-mounted TruckWings aerodynamic device, it said.
Diesel Price Drops 7.2¢ a Gallon to Reach $4.294
The average diesel price posted its third straight substantial decline, falling 7.2 cents to hit $4.294 a gallon, according to Energy Information Administration data released Nov. 13.
Volvo Buys Bankrupt Proterra’s Battery Business
Volvo Group will acquire the battery business of Proterra Inc. and Proterra Operating Co., the businesses said separately.
Goodyear Q3 Tire Sales Fall on Commercial Trucking Weakness
Goodyear posted a loss in the third quarter on the back of weak conditions in its truck business, a fire at a Polish factory and an ongoing reorganization, the tire maker said.
Westport, Volvo Fuel System to Ink JV Agreements by January
Westport Fuel Systems expects definitive agreements for its high-pressure gas-injection fuel system joint venture with Volvo Group to be signed by the end of January, executives said.
Hyliion to Exit Class 8 Electric Truck Powertrain Business
Hyliion Holdings Corp. plans to exit the Class 8 electric powertrain business, the company said Nov. 8, less than a month after beginning a strategic review of its options for the unit.
Hyzon Eyes Q1 Testing for More Powerful FCEV Class 8 Truck
Hyzon Motors plans to begin testing the next generation of its Class 8 hydrogen fuel cell electric trucks with U.S. customers in the first quarter of 2024.