Paccar Inc.
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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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News
Is a Navistar transition a factor in TRATON bid timing?
Big investors like Carl Icahn will have a say in whether Volkswagen’s truck group buys the 83% of Navistar it does not already own, but…
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Company earnings
Meritor wins heavy-duty truck electrification business from PACCAR
As more of its drivetrain business moves to electrification, Meritor focuses on integrating recent acquisitions TransPower and AxleTech.
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Energy
Hydrogen costs could fall quickly for heavy-duty trucks
The cost of hydrogen-powered fuel cell electric trucking could drop 50% by the end of the decade, making it competitive with other clean energy options…
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Energy
Meritor completes acquisition of electrification partner TransPower
After making four investments totaling $12 million in electric truck systems supplier TransPower, Meritor is acquiring the rest of the company.
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Autonomous Vehicles
CES 2020: Kenworth quietly reveals autonomous truck
Kenworth skipped the fanfare in showing its Class 8 autonomous truck for the first time ar CES 2020.
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Energy
Werner joins California electric truck testing parade
Add Werner Enterprises to the parade of companies testing battery-powered heavy-duty trucks in California.
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Energy
CES 2020: Kenworth collaborates with Dana on medium-duty electric truck
Kenworth and Peterbilt will both put power electronics from Dana in their electric medium-duty trucks.
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Trucking
Class 8 truck orders tumble to decade low
New Class 8 truck orders dipped to their lowest level in a decade in 2019, payback for an ordering frenzy a year earlier.
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News
Landstar ends sour 2019 on high, announces $2 special dividend
Landstar's strong cash flow generation and enviable balance sheet allow it to pay large special dividends even in down market years.
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