Truck News



  • Stronger pricing, ability to attract drivers keys to Titanium’s success

    August 9, 2018 9:13AM by James Menzies

    BOLTON, Ont. – Improving rates and the ability to add capacity in a driver-starved market were two of the reasons Titanium Transportation Group was able to achieve record revenue and profit in the second quarter. Speaking to analysts about Q2

  • Titanium reports record quarter

    August 9, 2018 6:28AM by Truck News

    BOLTON, Ont. – Titanium Transportation Group rode a strong trucking market to record results in the second quarter. The company reported revenue of $51.8 million, marking a year-over-year increase of 58%. Net income was $2.2 million, or double the previous

  • News Equipment

    Electric trucks to become more prominent: ACT Research

    August 8, 2018 7:37AM by Truck News

    COLUMBUS, Ind. – More than 100,000 electric commercial vehicles will be sold by 2035, according to a report from ACT Research. The study, Commercial Vehicle Electrification: To Charge or Not To Charge, concludes that commercial electric vehicles will grow from

  • Nikola raises $100 million this month

    August 7, 2018 2:30PM by Truck News

    PHOENIX. Ari. – Nikola Motor Company announced today that it anticipates the $200 million C round will be oversubscribed with more than $100 million already raised and funded this month. The company has a $1.1  billion pre-money valuation.  “Nikola’s business model

  • Cummins, Eaton joint venture expected to profit in 2020

    August 3, 2018 11:14AM by Truck News

    COLUMBUS, Ind. – A Cummins and Eaton joint venture that was developed in 2017 is expected to be profitable by 2020, Cummins president and chief operating officer Richard Freeland said when releasing financial results for the second quarter of 2018.

  • Class 8 orders for July hit all-time high: FTR

    August 3, 2018 9:42AM by Truck News

    BLOOMINGTON, Ind. — FTR reports that preliminary North American Class 8 orders for July hit an all-time high of 52,250 units, just surpassing the previous record of 52,194 orders in March 2006. Class 8 orders were tremendous for the U.S.

  • Frost & Sullivan names Geotab as Company of the Year

    August 1, 2018 9:37AM by Truck News

    TORONTO, Ont. — Geotab announced it has been named the 2018 North American Company of the Year in the commercial fleet telematics industry by Frost & Sullivan. “At Geotab, we understand that our success is a direct result of the hard

  • Bridgestone Americas names new director of marketing

    August 1, 2018 7:31AM by Truck News

    NASHVILLE, Tenn. — Bridgestone Americas today announced Ben Johnson is joining the organization as director of marketing for the commercial truck bus radial (TBR) tire business. In this role, Johnson will lead the marketing and channel strategy for Bridgestone, Firestone,

  • CEDA expands again with new B.C. shop

    July 31, 2018 11:38AM by Truck News

    FORT ST. JOHN, B.C. – Aiming to expand its B.C. market share CEDA has opened the doors on a new shop in the Western Canadian Sedimentary Basins area. Newly appointed Operations Manager Steven Cooper is overseeing the 10,000 square foot

  • Trimble Transportation announces executive promotions

    July 30, 2018 1:12PM by Truck News

    SUNNYVALE, Calif. – Trimble Transportation today announced three executive leadership appointments.These moves include the promotions of Mark Botticelli to chief technology officer, transportation and Keith Mader to vice-president of analytics, transportation. Trent Lezer will assume the role of senior vice-president

  • Shippers shouldn’t expect relief this year: FTR

    July 27, 2018 12:28PM by Truck News

    BLOOMINGTON, Ind. – The FTR Shippers Conditions Index (SCI) remained in negative territory in May, with a -12.3 reading. That comes on the heels of April’s all-time-low reading of -13.4, reflecting the worse conditions for shippers ever seen by FTR.

  • TFI International improves margins, profit

    July 27, 2018 6:45AM by Truck News

    MONTREAL, Que. – A strong trucking market allowed TFI International to boost its margins and profits in the second quarter. The company reported Q2 net income of $80.4 million on revenue of $1.32 billion, an increase of 4%. “Our consistent

  • Trucking business drives Mullen’s Q2 growth

    July 26, 2018 1:41PM by James Menzies

    OKOTOKS, Alta. – Mullen Group’s increase in revenue was “all on the back of the trucking/logistics segment,” according to chairman and CEO Murray Mullen when discussing Q2 results with analysts today. The company’s trucking/logistics segment achieved its highest ever quarterly

  • Daimler to reorganize, create separate truck entity

    July 26, 2018 8:44AM by Truck News

    STUTTGART, Germany – Daimler AG has announced a reorganization that will create three legally independent entities, including one dedicated to trucks. The new structure will be comprised of: Mercedes-Benz AG; Daimler Truck AG; and Daimler Mobility AG. All will operate

  • Research points to hydrogen electric trucks as best option for the future

    July 25, 2018 5:22PM by Derek Clouthier

    CALGARY, Alta. – A research group from the University of Calgary believes the future of freight in Alberta will be heavily reliant on the use of hydrogen fuel cell electric trucks. With growing concerns over the environmental impact of greenhouse