News
Class 8 orders surge in October
BLOOMINGTON, IN - Sales of Class 8 vehicles rose for the fifth straight month in October according to analysts at FTR Intelligence. The company released its preliminary Class 8 order numbers showing 62% growth over September, and 167% rise over orders for the same time last year.
P.S.I welcomes new VP
SAN ANTONIO, TX - Pressure Systems International (P.S.I.) has a new vice-president of business development. The company announced today Jonathan Gravell is assuming the new position after five years with P.S.I, focusing on future growth by building customer relationships and integrating acquired businesses.
Chanje electric vans unveiled in U.S.
BROOKLYN, NY - Chanje is here. The Chinese-based vehicle manufacturer (pronounced "change") has officially unveiled its electric medium-duty panel van in Brooklyn, New York, with Ryder taking delivery of 125 units for its rental and leasing fleet. The initial rollout will be in key California markets including Los Angeles, San Francisco, and San Diego, as well as New York and Chicago. Ryder will provide parts distribution, service and support. "All the trends in diesel are going in the wrong direction," said Chanje Chief Executive Officer Bryan Hansel, noting that diesel equipment is increasingly expensive to build, purchase, and maintain. China's demand for electric vehicles is expected to outpace North America's needs in coming years, but the U.S. market sets the highest bar for vehicle reliability and safety, and it is home to some of the largest delivery companies and consumer brands expected to use the vehicles, Hansel says. This is being developed as a "world" truck for markets here and elsewhere, and the company says it has invested about US $1 billion in the design and related tooling. But Canada's official rollout has to wait for now. "It's demand-driven. We're certainly going to be inquiring to see the uptake opportunity," Hansel said, referring to Canada as a parallel market to the U.S. "It seems like a natural progression."