Trucks

Daimler Trucks North America (DTNA) is adding three safety features that could build on preliminary federal statistics that showed truck-related crash deaths fell last year while passenger car fatalities increased. The new features for the Detroit Assurance suite of safety systems add more...

Traton SE has paid $3.7 billion to acquire the US truck company Navistar International Corp. (NYSE: NAV). What Happened: Traton SE, Volkswagen AG's (OTC: VLKAF) truck division, will acquire $3.7 billion worth of outstanding shares of Navistar International Corp. stock,...

Nikola Corporation (NASDAQ: NKLA) reported its first-ever earnings as a public company with zero revenue and no physical product to showcase, CNBC's David Faber said on "Squawk on the Street." The post-earnings conference call was notable for CEO Mark Russell not being "...

The NTEA Work Truck Show in Indianapolis is the place where those who work in construction and other vocational trades gather. As the name implies, it is a showcase for all things "work truck." But the show also brings together a large following of last-mile and delivery services executives, and...

Preliminary Class 8 truck orders rose 10% in January compared with the same month a year ago, but the 17,700 bookings trailed the fourth-quarter-2019 average as fleets place orders only for equipment they absolutely need. "The Class 8 market remains in equilibrium with orders well matched to...

Toyota Motor Corp. (NYSE: TM) opened its new $700 million Tacoma pickup assembly factory in central Mexico last month, aiming to use a combination of rail and short-sea shipping to export the pickups into the U.S. "Rail traffic will come through Laredo, but the majority of shipments into the U.S....

Massterly Vice President Pia Meling said the company jointly owned by Kongsberg Maritime and Wilhelmsen was not launched to eliminate human jobs. "Our purpose is not to take the jobs of the seafarers on oceangoing ships. It is actually to contribute environmentally friendly and cost-efficient and...

Today, for most truck manufacturers, the relationship with a customer does not end when the truck is sold. It begins at that point. Trucks are being offered more as a service than product to owners and operators. This service includes the product (i.e. truck) and amenities such as leasing and...

For Rivian, good things come in threes.  Following a $700 million raise led by Amazon.com, Inc. (NASDAQ: AMZN) in February and another $500 million investment from Ford in April, electric-vehicle maker Rivian has hit the jackpot once again, announcing on Sept. 10 that it received a $350 million...

Commercial duty automatic transmission maker Allison Transmission Holdings Inc (NYSE: ALSN) is a "good company" but at a "vulnerable point in the cycle," according to Morgan Stanley. The Analyst Morgan Stanley's Courtney Yakavonis initiated coverage of Allison Transmission...

Basic amenities such as snacks, coffee or water, and a bathroom rank high among truck drivers as improvements shippers can implement at their locations to improve the driver experience, according to a new survey conducted jointly by Kenco and CarrierLists. Of drivers surveyed by the firms, 44.4%...

Navistar International Corp (NYSE: NAV) reported fiscal third-quarter earnings Thursday that foreshadow a large uptick in EBITDA in the coming year, according to Buckingham Research Group.  The Analyst Analyst Neil Frohnapple upgraded Navistar from Neutral to Buy with an...

Truck manufacturer Paccar Inc (NASDAQ: PCAR) is "uniquely positioned" to take advantage of ongoing, robust industrywide fundamentals and a strong economy, according to Macquarie Research. The Analyst Analyst Sameer Rathod upgraded Paccar from Neutral to Outperform with a price...

The case against owning stock in trucking companies can be summarized in one word: Tesla. Tesla Inc (NASDAQ: TSLA)'s plans to eventually sell electric semi-trucks is a "big deal" as it will disrupt one of the country's biggest industries, Loup Ventures' Gene Munster said in a...

Tesla Inc (NASDAQ: TSLA)'s reputation of delivering a new car on time may not necessarily be that strong but few can dispute that once a car is released, consumers love it. Now that the Tesla Model 3 is ramping production and Tesla is delivering new cars to clients, it is now time for Tesla's CEO...