Kenworth
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News
Tesla tops Toyota as world’s most valuable transportation company
Tesla’s six-month stock price runup helped the company eclipse Toyota as the world’s most valuable transportation company. Reported orders for 650,000 CyberTruck pickups match 2018…
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Energy
Daimler Trucks sets up fuel cell subsidiary
Daimler Trucks AG is creating a fuel cell subsidiary as a forerunner to a 50-50 joint venture with Volvo Group to make fuel cell-powered backup…
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News
PACCAR generally upbeat despite pandemic
Market share gains, growing order backlog and record sales of parts buoy truck maker PACCAR despite lower first-quarter revenue and profits
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Company earnings
PACCAR earnings slow in first quarter
PACCAR Inc. posted decent first quarter earnings despite shuttering its plants in late March because of the coronavirus pandemic. While truck orders cooled, parts sales…
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Driver issues
Coronavirus crisis boosts trucker relief fund donations
Growing awareness of a 12-year-old relief fund for semi-truck drivers is attracting more and bigger donations as the coronavirus pandemic highlights health risks to truckers…
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News
Class 8 truck makers extend production halts (Update)
Major truck manufacturers extend production suspensions as the coronavirus pandemic worsens. J.P. Morgan upgrades PACCAR and holds a neutral rating on Navistar.
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Equipment
Daimler, PACCAR join rivals in suspending truck production
All four major heavy-duty truck manufacturers now have suspended production for at least two weeks, with market leaders Daimler Trucks North America and PACCAR Inc.…
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Energy
Toyota and Hino work on fuel cell heavy-duty trucks
Toyota and Hino, its heavy truck subsidiary, are offering few details on an Asian heavy-duty truck fuel cell program that complements Toyota’s Oceans 10 project…
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Equipment
Truck product enhancements flow amid order trough
Steering advances, integrated steps over DEF tank among enhancements truck makers are bringing to market amid a continuing slowdown in new equipment orders
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Energy
TMC20: Penske buys three Class 8 electric hybrids from Hyliion
Diesel-electric hybrids get less attention than pure electric Class 8 trucks, but niche leader Hyliion Inc. is selling them to Penske Truck Leasing with partner…
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