Penske Truck Leasing hangs on to investment-grade debt rating from Moody’s
Moody’s has affirmed its debt rating for Penske Truck Leasing, a key supplier of trucking rentals.
Moody’s has affirmed its debt rating for Penske Truck Leasing, a key supplier of trucking rentals.
Teamsters update: The union has recently aligned with Amazon workers, won three elections and signed a new deal with a Ryder unit.
Regulators pushing to make the electric truck transition go faster are getting pushback from a range of industry stakeholders.
The Freightliner Class 6 battery-electric eM2 will go into production this fall with plans for a range of vocational models to follow.
Deliberate perfectly describes Paccar’s approach to trucking electrification. The company offers nine commercial electric trucks but skips the hype.
The approach of Cummins Inc. to hydrogen-fueled internal combustion engines is very different from how and when it talks about most of its products.
Lego bricks can help explain a lot of things, including a very messy supply chain. Penske Truck Leasing’s Paul Rosa got creative .
A report by S&P Ratings keeps Penske’s debt ratings at its current level, but the outlook is improved.
With experience from J.B. Hunt, Penske Logistics and Transplace, Mark McEntire looks forward to his new role at procurement and logistics platform Emerge.
Last of major truck makers to launch an electric truck, Navistar places first five medium-duty eMV Series models with Penske Truck Leasing.
The collective odometer on evaluation units of Daimler Trucks’ eCascadia and eM2 box trucks crossed 1 million miles.
From a shortage of truck production workers to parts depot staff, Daimler Trucks North America is trying to keep up with blistering demand.
Forget the autonomous trucking horse race, Wall Street and competitors are fixated on TuSimple’s “driver-out” pilot in Q4.
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SPAC-backed stocks are getting hammered, but Hyliion soldiers on in preparing the negative net-zero carbon Hypertruck ERX.
Daimler Trucks North America CEO Roger Nielsen flatly stated in 2019 that “The Future is Electric.” In 2020, the company backed the pledge with multiple actions.
Startup hybrid truck maker Hyliion is offering short-term rentals of its diesel-electric model through Idealease, hoping to get orders as the company prepares for its public debut.
J.B. Hunt Transport got first dibs on a Freightliner heavy-duty eCascadia in an expanded customer outreach that Daimler Trucks North America hopes will amp fleet interest in when it begins taking orders in late 2021.
Trucking fleets should educate themselves about the array of alternatives as the industry continues its inevitable transition away from diesel.
Freightliner’s test fleet of 30 electric trucks has circled the world an equivalent of a dozen times as they make drayage runs and a variety of deliveries in Southern California. Daimler Trucks North America plans regular production of electric trucks in 2022.