Daimler Truck created capacity for 2,000 battery-electric trucks in 2022, but the lack of charging infrastructure stunted deliveries.
Class 8 truck backlogs enter 2023 in healthy shape despite three consecutive months of lower orders after a record September.
Supply chain chaos has helped increase the cost of a new car by 25%. The automotive industry won’t let go of those profits anytime soon.
Freightliner powertrain parts thefts threaten the livelihood of drivers stranded with little hope of getting a replacement part.
Daimler Truck North America is trying to solve thefts of semiconductor-rich powertrain control modules from its tractors.
Class 8 truck orders fell to a seven-month low in April as manufacturers continued to restrict bookings over supply chain uncertainty.
Sky-high used Class 8 truck prices are not falling with lower freight rates as an undersupply of equipment continues to alter buyer behavior.
The pandemic and the supply chain crisis was a one-two punch for United Road Services, the car hauler that moves 4 million vehicles a year.
Sandeep Kar, chief strategy officer at Noregon Systems, joins FreightWaves’ Global Supply Chain Week to talk about major changes and challenges facing the automotive industry.
It took a delicate dance by truck manufacturers and fleets in January to keep Class 8 orders from adding to the industry’s huge backlog.
Class 8 equipment orders are impacted by customer cancellations and OEMs bound by the turning of calendar pages.
Like the doorman at a posh nightclub who decides who gets in, truck manufacturers are choosy about what Class 8 orders they’ll accept.
Truck Tech is a weekly newsletter focusing on autonomous, connected and electric innovations in the trucking ecosystem for fleets.
Cummins Inc. deals with multiple short-term supply chain glitches, but it could take two years to fix chip shortages, CEO Tom Linebarger says.
With order backlogs exceeding 14 months, manufacturers are accepting few new orders, frustrating fleet demand.
Daimler Truck estimates the revenue loss from a persistent shortage of microchips will cost billions in lost revenue.
Fleets and individual truckers buying at today’s elevated prices
assume a big risk when the used equipment market normalizes.
Engine maker Cummins reduces its outlook for the full year amid the supply-constrained inability to meet elevated demands.
Governments at the G20 meeting are pulling together to address supply shortages caused by freight transportation backlogs.
In its last quarter as part of Daimler AG, Daimler Truck reported higher unit sales but lower revenue.
