Peterbilt
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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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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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Business
Truck maker Paccar issues special $2.30-per-share dividend
Just in time for the holidays, Paccar declared a special dividend of $2.30 a share for stockholders of record by Dec. 20.
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News
Volvo Trucks will lay off 700 workers in January (Update)
Volvo Trucks North America will lay off about 700 workers in January, extending an industry pullback in production to match slowing orders of new Class…
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Business
Glut of used trucks creates buyer’s market (Update)
The number of used Class 8 trucks for sale continues to grow as new equipment deliveries drain the backlog created during a 2018 order binge.
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Equipment
Class 8 truck orders rebound in October
The traditional ordering season for new Class 8 trucks opened in October with the highest activity in 11 months. Still, the number of orders placed…
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OEM
Mack Anthem limited edition turns signature bulldog hood ornament black
The color of the Mack Trucks bulldog carries special meaning. Gold means all of the key components were homemade. Chrome says others' parts are on…
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Business
Daimler Trucks not sweating loss of chunks of market share
Daimler Trucks North America, the industry sales leader, is not sweating the loss of big chunks of heavy- and medium-duty market share trucks through the…
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Company earnings
Paccar beats Q3 estimates on strong truck deliveries (Update)
Paccar Inc. delivered 31,000 trucks in the third quarter, helping the parent company of Kenworth Truck Co. , Peterbilt Motor Co. and DAF beat earnings…
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OEM
September Class 8 truck retail sales set all-time monthly record
Preliminary Class 8 retail sales for September set an all-time record, but large fleet deliveries likely inflated the results that erased the previous record set…
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