Peterbilt
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News
Daimler Trucks cautiously resumes US production (Update 2)
The largest manufacturer of heavy-duty trucks puts worker protections in place as it tries to make up for production lost to the coronavirus pandemic.
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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
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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Equipment
Volvo, Mack will let truckers activate over-the-air updates
Volvo Trucks North America and its sibling Mack Trucks later this year will allow individual truck drivers to schedule over-the-air updates typically handled by fleet…
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News
Unsold Class 8 truck inventories second highest since Great Recession
Swollen inventories of heavy-duty trucks must shrink or manufacturers will need to cut production further to keep the industry order bank from declining further, ACT…
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Energy
PACCAR aligns Kenworth and Peterbilt electrification system suppliers
As Daimler and Volvo leverage their global capabilities for battery-powered trucks in California, PACCAR picks Dana and Meritor as systems suppliers for its medium- and…
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