Equipment

About Equipment News...

Commercial freight transportation is a machine-based business. Highly technical equipment and advanced engineering are at the center of supply chain and require constant innovation. Transport Topics equipment coverage focuses on the machines and other physical assets that make delivery possible. It looks closely at available truck, trailer, and chassis models, developments in the engineering space, and maintenance innovations and best practices. 

Business, Technology, Equipment

Volvo’s IPO Marks One of Europe’s Biggest in 2021

Volvo Car AB gained in its trading debut in Stockholm after raising 20 billion kronor ($2.3 billion) in an initial public offering, as investors bought into the company’s successful turnaround and promise of an electric future.

Swetha Gopinath | Bloomberg News
October 29, 2021
Business, Equipment

Allison Rides Demand to Higher Q3 Results

Allison Transmission Holdings Inc. notched higher third-quarter net income and revenue amid demand rising to near pre-pandemic levels.

Roger Gilroy | Senior Reporter
October 28, 2021
Business, Technology, Equipment

Traton Group Reports Higher Net Income, Revenue

Traton Group, which now includes U.S.-based truck maker Navistar, reported gains in net income and revenue for its 2021 nine-month period on the strength of truck manufacturing and financial services.

Roger Gilroy | Senior Reporter
October 28, 2021
Business, Technology, Equipment, Top 100

September Shatters Already High Used Class 8 Prices

In a market growing even hotter in September, the average price for a used Class 8 and for a 3-year-old Class 8 set records, blowing past those set a month earlier. The average price for an 8-year-old heavy-duty used truck even took an unexpected and dramatic leap higher, ACT Research reported.

Roger Gilroy | Senior Reporter
October 27, 2021
Business, Technology, Equipment, Top 100

Ryder Reports Strong Q3, Beats Expectations

Vehicle leasing and rental company Ryder System Inc. reported strong third-quarter earnings on Oct. 27, exceeding Wall Street analysts’ expectations.

Dan Ronan | Senior Reporter
October 27, 2021
Business, Technology, Equipment

TMC, eSMARTT to Study Technology in Refrigerated Sector

American Trucking Associations’ Technology & Maintenance Council announced the start of a study with eSMARTT on the use and adoption of intelligence products and services in the refrigerated transportation sector.

October 27, 2021
Government, Business, Technology, Equipment, Safety, Fuel

Where Trucking Stands on Environmental Sustainability

NASHVILLE, Tenn. — Sustainability in the trucking industry can be viewed from different angles, according to a panel at American Trucking Associations’ Management Conference & Exhibition on Oct. 25.

Connor D. Wolf | Staff Reporter
October 27, 2021
Business, Technology, Equipment, Safety, Autonomous, Top 100

Current Driver-Assist Tech Effective, Experts Say

NASHVILLE, Tenn. — Driver-assist technologies that are already widely available on the commercial truck market have demonstrated that they can prevent crashes, save lives and reduce litigation-related costs, a group of industry experts said.

Seth Clevenger | Managing Editor, Features and Multimedia
October 27, 2021
Business, Equipment

Paccar Sees Net Income Soften, Revenue Rise in Q3

Paccar Inc. reported mixed results with lower net income and higher revenue in the third quarter as undelivered new trucks stacked up but its parts segment notched record revenue.

Roger Gilroy | Senior Reporter
October 26, 2021
Business, Equipment, Logistics

Retail Spending Key to Trucking Activity, ATA’s Costello says

NASHVILLE, Tenn. — Gross domestic product fell almost 3.4% in 2020, snapped back 5.4% this year and is expected to grow over 4% next year. Yet, GDP isn't what one analyst gauges trucking activity by.

Connor D. Wolf | Staff Reporter
October 26, 2021