Freightliner Custom Chassis Corp. Archives

SEC smackdown and SuperTruck news overwhelm convention dispatches

8 March 2024

The annual Work Truck Week and American Trucking Associations Maintenance & Technology Council pile on stakeholder-specific dispatches each March. But this week bigger stories originated outside the convention halls in Indianapolis and New Orleans.

The Securities and Exchange Commission in Washington is as good a starting point as any.

Lordstown Motors gets an SEC comeuppance

Nearly three years after Hindenberg Research set its sights on Lordstown Motors Corp., accusing the former special purpose...

https://www.freightwaves.com/news/sec-smackdown-and-supertruck-news-overwhelm-convention-dispatches

Volvo Group wins bid for bankrupt Proterra battery assets

10 November 2023

Swedish truck maker Volvo Group will pay $210 million for the battery-making and charging assets of bankrupt Proterra Inc.

Volvo Battery Solutions was selected as the winning bidder for the business and assets of Proterra Powered, one of two auctions for the electric bus, battery and energy company that filed for bankruptcy protection in August.

“We entered into the Chapter 11 process with a mission to maximize the potential of each of our product lines. Today, we have taken an important step...

https://www.freightwaves.com/news/volvo-group-wins-bid-for-bankrupt-proterra-battery-assets

Who wants a piece or two of Proterra?

18 August 2023

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Those surprised by Proterra Inc.’s Chapter 11 bankruptcy filing earlier this month probably should...

https://www.freightwaves.com/news/who-wants-a-piece-or-two-of-proterra

Former Daimler Truck CEO becomes chairman of Proterra

15 May 2023

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Retired Daimler Truck North America CEO Roger Nielsen is taking over as chairman of Proterra Inc.,...

https://www.freightwaves.com/news/former-daimler-truck-ceo-becomes-chairman-of-proterra

Paccar takes deliberate approach to electrification

27 January 2023

Look up the word deliberation in a dictionary. It perfectly describes Paccar’s approach to trucking electrification. Sure, the company offers nine commercial electric trucks for those who want them, but there is little froth.

Paccar’s patience with electrification

de-lib-er-ate: adjective/dəˈlib(ə)rət/

done consciously and intentionally. engage in long and careful consideration.

Paccar CEO Preston Feight is nothing if not consistent when it comes to the role electric vehicles will play in his...

https://www.freightwaves.com/news/paccar-takes-deliberate-approach-to-electrification

Can’t find big rigs to buy? Freightliner Custom Chassis wants to help

23 March 2022

Truck Tech: Workin’ for a livin’ edition

11 March 2022

This week, unmasked in Indy with snowplows, dump trucks, cranes and lots of step vans with an electric undercurrent; “EV-ready” tires; and Locomation keeps its biggest customer in the fold.

Not counting air travel to the Work Truck Week event in Indianapolis, the event was a maskless affair. While COVID impacts continue to snarl supply chains and spike commodity prices, the well-attended event focusing on Class 2-6 trucks at the Indianapolis Convention Center exhibited only a few individual...

https://www.freightwaves.com/news/truck-tech-workin-for-a-livin-edition

Try, try again: Lighting defect prompts 3rd recall of Freightliner Custom Chassis

11 January 2022

Daimler Trucks North America is recalling more than 25,000 Freightliner Custom Chassis Corp. (FCCC) products, some for the third time, because of a faulty power distribution module affecting lighting.

FCCC isn’t sure how to fix the issue yet. A PDM unique to these chassis may experience cracked internal solder joints. Over time, that could lead to intermittent open circuits, which could prevent the rear marker, brake lights or left turn signal lights from functioning.

The issue affects eight FCCC...

https://www.freightwaves.com/news/try-try-again-lighting-defect-prompts-3rd-recall-of-freightliner-custom-chassis

Daimler recalls Freightliner chassis for faulty valve stems for second time

14 December 2021

Daimler Trucks North America is conducting a second recall and expanding the population of Freightliner Custom Chassis Corp. (FCCC) products because an undetected leaky valve stem could drain tires of air, leading to a crash.

The new recall reported by the National High Traffic Safety Administration involves at least some of 10,359 FCCC units recalled in September 2020. The latest recall involves 18,808 chassis across 59 products from the 2017 to 2022 model years. About 1% of the chassis are...

https://www.freightwaves.com/news/daimler-recalls-freightliner-chassis-for-faulty-valve-stems-for-second-time

Bus and battery maker Proterra exits SPAC with $640M payout

15 June 2021

Electric bus and battery maker Proterra Inc. begins its life as a publicly traded company Wednesday, ringing the bell on the Nasdaq as it collects a $640 million payout from its special purpose acquisition company (SPAC) sponsor.

But Proterra CEO Jack Allen said more than money was involved with Proterra’s choice to take the shortest route to the market where it will trade under the Nasdaq ticker symbol PTRA.

Regardless of the method, Proterra was ready to go public, Allen said.

“We just felt like...

https://www.freightwaves.com/news/bus-and-battery-maker-proterra-exits-spac-with-640m-payout

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