Workhorse Group built just seven electric delivery vans for the second consecutive quarter. Production systems and supply chain problems hamper the company.
Truck Talk, is a weekly newsletter where FreightWaves adds context, commentary and color to industry news and trends.
Biden’s executive order seeks short-term and long-term review of critical supply chains.
Driveline and thermal management supplier Dana Inc. has $700 million in new business from auto and truck makers. Half of it is in electrification contracts.
General Motors is extending temporary shutdowns at three assembly plants, including one in San Luis Potosí, Mexico.
Rush Enterprises sold Class 8 trucks at a level reflecting the industry’s overall COVID-impacted decline in 2020. It expects better results in 2021 and beyond.
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Engine and power systems maker Cummins Inc. destroyed analyst estimates for Q4 as the loosening of COVID-19’s grip in China pushed record sales.
Weathering the COVID pandemic drove Volvo Group sales lower in 2020, but market share was stable and new orders are pouring in.
Despite strong Q4, Daimler Trucks likely to miss analyst consensus on sales and profits based on parent company’s forecast.
In today’s edition of The Daily Dash, the U.S. DOT has laid out its strategic plan for safely deploying autonomous trucks and passenger vehicles. Plus, LTL volumes stayed strong in December, and XPO names the head of its logistics spinoff.
As car plants curtail production because of a global semiconductor shortage, suppliers and truck makers try to discern what to expect amid near-record Class 8 truck orders.
