“Although this strategic decision is a difficult one, by changing our business model with a focus on Canada, we will improve profitability and secure our long-term competitiveness,” Ralph Acs, President of Nova Bus Nova Bus is exiting bus production in the US market. Consequently, the company has decided to close its Plattsburgh manufacturing and delivery […]
Total marginal costs climbed to a new high in 2022 for the second year in a row, increasing by 21.3 percent over 2021 to $2.251 per mile The American Transportation Research Institute (ATRI) released the findings of its 2023 update to An Analysis of the Operational Costs of Trucking. A record number of motor carriers participated in this […]
New Automation Solutions Revolutionize Vehicle Lifecycle Management, Optimize Sustainability, and Fuel Groundbreaking Mobility Solutions Ridecell, the leading company powering digital transformation for fleet-driven businesses, announced the Ridecell Fleet Transformation Cloud™, the world’s first industry cloud that simplifies fleet operations, maximizes fleet utilization and unlocks big data insights to digitally transform fleets and fleet businesses. The […]
Navistar reveals its International SuperTruck II, demonstrating 16 miles per gallon fuel efficiency through hybridization and a 170% improvement in freight efficiency Navistar today revealed the results of the International® SuperTruck II, a project in partnership with the U.S. Department of Energy (DOE). International SuperTruck II demonstrates 16 miles per gallon (MPG) fuel efficiency through hybridization […]
ACT Research reports “May’s Class 8 build rate was a healthy 1,343 units per day, representing the ninth month in the past 12 where build rate exceeded 1,300 units per day.” The most notable data points this month were heavy duty and medium duty retail sales, each up double digits y/y. Heavy duty cancellations moderated […]
HYLA hydrogen energy business making strong progress with multiple partnerships, first-mover infrastructure advantage Nikola Corporation (Nasdaq: NKLA), zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, announced a progress update on its business optimization efforts, which are expected to result in a marked decrease in cash spend and streamlining of operations. “Nikola has initiated a […]
