Meritor Inc., a supplier of drivetrain, mobility, braking, aftermarket and electric powertrains, announced a raft of deals Tuesday that will make the name of its 14Xe chassis hard to ignore as it spreads throughout trucks, buses and industrial applications.
It is a big deal because Meritor (NYSE: MTOR) competes with other suppliers, including Dana Inc., BorgWarner and Eaton Corp., in pursuing a conversion of significant portions of their business aimed at internal combustion engine-driven...
Terminal Investment Corp. (TICO), a fleet and terminal service provider and tractor manufacturer, is working on its first electric terminal tractor with the help of Volvo Penta and Cummins.
Starting in the fourth quarter of 2021, TICO plans to work with customers nationwide to test the electric tractors in several different environments and with different payloads, Frank Tubbert, the general manager of manufacturing at TICO, told FreightWaves. He said testing this way will provide useful...
https://s29755.pcdn.co/news/tico-partnership-electric-terminal-tractors-in-the-pipeline
The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, an activist investor is pushing Forward Air to create more shareholder value. Plus, looking at the major trends expected to impact the retail supply chain in 2021, and Deutsche Bank’s Amit Mehrotra shares his truckload stock outlook.
Pushing for more shareholder valueAs Forward Air (NASDAQ: FWRD) retooled its corporate strategy in 2020, its share price lagged comparable less-than-truckload carriers...
https://www.freightwaves.com/news/the-daily-dash-activist-investor-seeks-more-value-from-forward-air