Category: Equipment

Used Class 8 Truck Retail Sale Price Made Good Progress in July

Used Class 8 Truck Retail Sale Price Made Good Progress in July

| August 29, 2024

ACT Research reports used Class 8 average retail sale price made good progress in July, rising 2.3% m/m According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks by ACT Research, the used Class 8 average retail sale price made good progress in July, rising 2.3% m/m, to $55,800. “On a y/y […]

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Wayve and Uber Partner to Accelerate the Future of Automated Driving

Wayve and Uber Partner to Accelerate the Future of Automated Driving

| August 29, 2024

Wayve and Uber to collaborate with automotive OEMs to use Wayve’s AI to enable a range of automated driving capabilities Wayve, a leader in Embodied AI for self-driving, announced a new strategic partnership with Uber (NYSE: UBER), the world’s leading mobility and delivery network. Uber has also agreed to make a strategic investment in Wayve […]

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Cummins Initiates Comprehensive Vehicle Testing at Allison Transmission’s Vehicle Electrification + Environmental Test Center

Cummins Initiates Comprehensive Vehicle Testing at Allison Transmission’s Vehicle Electrification + Environmental Test Center

| August 29, 2024

Allison’s Vehicle Electrification + Environmental Test Center supports a wide range of vehicle testing, including diesel, gasoline, natural gas, hydrogen and battery electric powered systems Allison Transmission announced that Cummins Inc., a global power solutions leader, has chosen Allison’s Vehicle Electrification + Environmental Test Center to conduct a series of tests on multiple trucks equipped […]

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For-hire demand remains soft, even as the near-record July import level is emblematic of growing consumer demand

For-hire demand remains soft, even as the near-record July import level is emblematic of growing consumer demand

| August 27, 2024

ACT Research asks is insourcing Running Its Course? Private fleet capacity additions, inbound insourcing, and increased spot market presence have dragged out the for-hire freight downturn for at least a year, according to the latest release of the Freight Forecast: U.S. Rate and Volume OUTLOOK report. “While the TL spot market continues to make gradual […]

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Zum Deploys Nation’s First 100% Electric School Bus Fleet in Oakland, California for the 2024-2025 School Year

Zum Deploys Nation’s First 100% Electric School Bus Fleet in Oakland, California for the 2024-2025 School Year

| August 27, 2024

Historic achievement in Oakland Unified School District will improve children’s health and return energy to the grid Zūm, the leader in modern student transportation, has deployed an all-electric fleet of school buses in Oakland Unified School District (OUSD), making it the first major school district in the U.S. to transition to a 100% electrified school […]

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Leading German Parcel Service Successfully Deploys Allison Transmission-Equipped Hyundai Hydrogen Fuel Cell Truck

Leading German Parcel Service Successfully Deploys Allison Transmission-Equipped Hyundai Hydrogen Fuel Cell Truck

| August 27, 2024

GLS Germany covers 30,000 kilometers delivering 100,000 packages with an Allison-equipped Hyundai Xcient hydrogen fuel cell truck Allison Transmission announced that GLS, a global shipping leader, has successfully completed 30,000 kilometers in its evaluation of the Allison-equipped Hyundai Xcient hydrogen fuel cell truck in Germany. Since late 2023, GLS Germany has delivered over 100,000 packages with […]

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