Recall likely after feds deny Daimler Trucks’ equipment exemption

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WASHINGTON — Federal regulators have denied a compliance exemption request by Daimler Trucks North...

https://www.freightwaves.com/news/recall-likely-after-feds-deny-daimler-trucks-equipment-exemption

Amazon-funded startup tackles storage issue as key in hydrogen trucking

HOUSTON — Consensus in the hydrogen transportation ecosystem — is it too early to call it an industry? — can be hard to come by.

When it comes to talking about hydrogen fueling trucks, the one widely held belief is the infrastructure challenges remain immense to allow it to be a reliable and extensively available fuel for heavy-duty trucking. 

But there are many questions that first need to be answered about how hydrogen in the truck will work. Will it be injected as a gas or a liquid? Will it go...

Stand-alone Daimler Truck posts solid 1st year

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Daimler Truck completed a successful first year as a stand-alone company, increasing sales and...

https://www.freightwaves.com/news/stand-alone-daimler-truck-posts-solid-1st-year

3 legacy manufacturers unveil medium-duty electric trucks

The medium-duty field for electric trucks grew by four new entries on Wednesday as Mack Truck, Isuzu and Hino Trucks revealed battery-powered models.

All three made their announcements at the NTEA Work Truck Week industry trade show in Indianapolis.

For Mack, the MD electric joins its lineup of Class 6-7 medium duties it assembles in Roanoke, Virginia, where Mack reentered the medium-duty market in 2020 after a two-decade hiatus. Mack builds a Class 8 LR Electric refuse hauler in Pennsylvania.

“Thi...

https://www.freightwaves.com/news/strong3-legacy-manufacturers-unveil-medium-duty-electric-trucksstrong

Navistar again boosts Traton Group financials

Germany’s Traton Group reported 32% higher revenues in 2022 despite the impact of Russia’s invasion of Ukraine, ongoing supply chain disruptions and record inflation.

Its North American truck-making unit, Navistar International, contributed significantly. Without the Lisle, Illinois-based manufacturer, Traton would have reported just 10% improved revenue year over year. Traton acquired Navistar for $3.7 billion in October 2021.

The truck holding company of Volkswagen AG , Traton is one of the...

https://www.freightwaves.com/news/navistar-again-boosts-traton-group-financials

Volvo Group gathers startups for incubation

Not unlike startup accelerator company Y Combinator and venture capital firm 500 Global, the starting point for hundreds of young entrepreneurs, Sweden’s Volvo Group has its own version of finding and tapping tomorrow’s talent for trucking and its other businesses. 

It’s called CampX, a physical location where more than 50 startups have explored and accelerated new ideas under the watchful eye of the global truck maker. The latest addition is an incubator where early-stage startups can develop...

https://www.freightwaves.com/news/volvo-group-gathers-startups-for-incubation

Kenworth celebrates century of truck making with special editions

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Kenworth Truck Co. will spend the next 12 months celebrating its 100th anniversary — from its...

https://www.freightwaves.com/news/kenworth-celebrates-century-of-truck-making-with-special-editions

Lower used truck prices will hit Ryder profitability in ’23

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After a blowout 2022, Ryder System is projecting more moderate profitability in 2023, with a decline...

Cummins sees billions from its hydrogen electrolyzer business

The New Power division at Cummins Inc. probably won’t break even before interest, taxes, depreciation and amortization before 2027. But when it does, it may never look back. One reason is its investment in producing electrolyzers, a critical enabler to making hydrogen fuel for zero-emission long-haul trucking among myriad other uses.

IDTechEx forecasts the water electrolyzer market will grow over the next decade to $120 billion by 2033. By 2025, the firm estimates fivefold growth in electrolyzer...

https://www.freightwaves.com/news/cummins-sees-billions-from-its-hydrogen-electrolyzer-business

Class 8 truck orders take a timeout in January

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Class 8 truck orders fell year over year in January for the first time since August, but OEMs...

https://www.freightwaves.com/news/class-8-truck-orders-take-a-timeout-in-january