Electric trucks should shake off setbacks in 2024

googletag.cmd.push(function() { var gptSlot = googletag.defineSlot(‘/21776187881/FW-Responsive-Main_Content-Slot1’, [[728, 90], [468, 60], [300, 100], [320, 50]], ‘div-gpt-ad-b1-i-fw-ad-1’).defineSizeMapping(gptSizeMaps.banner1).setCollapseEmptyDiv(true).addService(googletag.pubads());
gptAdSlots.push(gptSlot);
});

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-b1-i-fw-ad-1’); });

Meaningful volume growth eluded heavy-duty electric trucks last year for several reasons: Charging...

https://www.freightwaves.com/news/electric-trucks-should-shake-off-setbacks-in-2024

Cummins to integrate Gatik’s autonomous driving tech into advanced powertrain

Mechanic work son engine of truck

Autonomous middle-mile technology company Gatik will work with industry powerhouse Cummins to integrate Gatik’s technology with Cummins’ drive-by-wire solution.

The combined solution will be utilized on Isuzu Class 6 FTR model box trucks with the Cummins B6.7 engine. Gatik has been using the Isuzu model in its fleet, most recently adding the trucks to a pilot in Texas. In that effort, Gatik has partnered with KBX Logistics to haul product from Georgia-Pacific facilities in the area to 34 local...

https://www.freightwaves.com/news/cummins-to-use-gatik-autonomous-tech-in-isuzu-trucks

Cummins will make electric medium-duty truck prototype for Isuzu

Cummins Inc., which signed a long-term deal last year to make diesel powertrains for Isuzu medium-duty trucks, is adding a Class 6 battery-electric powertrain prototype to the mix that will go into customer demonstrations in Q2.

The PowerDrive 6000 is used in Gillig transit and Bluebird school buses. A PowerDrive 8000 version will go into a Kalmar terminal tractor this year capable of pulling gross vehicle weights from 80,000 to 195,000 pounds, Cummins announced in December.

“It’s the same...

https://www.freightwaves.com/news/cummins-will-make-electric-medium-duty-truck-prototype-for-isuzu

Ryder invests in Gatik, partners on building nationwide autonomous delivery

Autonomous vehicle technology developer Gatik has reached a strategic lease and vehicle maintenance agreement with Ryder System and possibly a logistics operations management deal down the road.

Ryder (NYSE: R), which offers dedicated transportation solutions as well as vehicle lease and maintenance services, will lease a fleet of medium-duty, multi-temperature box trucks to Gatik for use in Gatik’s expanding autonomous fleet. Gatik will outfit the vehicles with its self-driving technology that...

https://www.freightwaves.com/news/ryder-invests-in-gatik-partners-on-building-nationwide-autonomous-delivery

AV company Gatik taps Goodyear for intelligent tire technology

When middle-mile autonomous vehicle company Gatik closed an $85 million Series B funding round last month, the announcement came with the news that “several strategic investors” had participated in the round.

On Tuesday, Gatik revealed that Goodyear Ventures, Goodyear’s (NASDAQ: GT) venture capital fund, participated in the new funding round and announced it would collaborate with the tire maker as it develops its autonomous middle-mile vehicle. The size of the investment was not specified.

“Gatik...

https://www.freightwaves.com/news/av-company-gatik-taps-goodyear-for-intelligent-tire-technology

Volvo reports 38% drop in Q2 sales

Row of Volvo trucks and signage

Volvo Group (OTC: VLVLY) reported a 38% decrease in second-quarter sales as the COVID-19 pandemic racked its truck, bus and construction equipment units.

The Swedish parent company of Volvo Trucks North America and Mack Trucks said the temporary layoffs of 4,100 white-collar workers during the quarter are now permanent.

Net sales of SEK 73.2 billion ($8.1 billion) compared to SEK 120.7 billion ($13.3 billion) in the same period a year ago. Adjusted operating income was SEK 3,272 million ($361.6...

https://s29755.pcdn.co/news/volvo-reports-38-drop-in-q2-sales

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon