Peterbilt

Is Nikola counting too much on California for salvation?

Nikola Corp.’s ability to escape near-death experiences is being tested by shouldering the $61.8 million cost of repairing its fire-prone battery electric trucks. But California’s generous incentives for electric trucks may be a path to survival as the startup’s latest peril plays out.

“California is a state on the cutting edge of technology and has big tailwinds for the transition to zero-emissions trucking with both carrots and sticks from government incentives and regulations,” Nikola CEO...

https://www.freightwaves.com/news/is-nikola-counting-too-much-on-california-for-salvation

Newsom leans toward allowing autonomous trucking in California

“And as the years go by

Our friendship will never die

You’re gonna see it’s our destiny

You’ve got a friend in me” — Randy Newman

The battle over whether to allow heavy-duty autonomous trucks on highways in California is coming to an end. It would be premature to call the outcome, but Gov. Gavin Newsom is lining up behind advanced technology over organized labor. Both are major constituent groups of the Democratic governor.

Assembly Bill 316 would effectively kill autonomous testing and...

https://www.freightwaves.com/news/newsom-leans-toward-allowing-autonomous-trucking-in-california

Paccar reports record Q2 sales and profits

Another quarter, another record performance for Paccar Inc.

The medium- and heavy-duty truck and engine maker reported a 70% increase in second-quarter profits and a 24% increase in sales. It delivered 51,900 trucks across its Kenworth, Peterbilt and DAF Trucks brands.

Here are key numbers from Paccar’s second-quarter results reported Tuesday:

  • Record net sales and revenues of $8.88 billion.
  • Record net income of $1.22 billion.
  • Parts revenues of $1.6 billion and pretax income of $419.3 million.
  • Fina...

https://www.freightwaves.com/news/paccar-reports-record-q2-sales-and-profits

Paccar price hikes propel Q2 profit surge

Paccar charged 15% more for a new truck than a year ago, a driving force behind a surge in second-quarter profits.

But inflation-driven pricing is only part of the story of a record 70% increase in Q2 profitability.

The Bellevue, Washington-based parent of Kenworth, Peterbilt and DAF Trucks charged customers substantially more for new equipment than the roughly 9% increase it paid to build a truck.

“We expect [gross profit] margins of 18-19% in Q3. That’s a testament of how we see the price/cost...

https://www.freightwaves.com/news/truck-and-parts-price-hikes-propel-paccars-q2-profit-surge

Peterbilt kicks out the jams to introduce Model 589

FORT WORTH, Texas – Peterbilt Motors could have made a bigger spectacle of launching its high-end, low-volume Model 589. But it is hard to imagine how.

A Peterbilt-only Pride & Class Truck Show of more than 200 heritage models. Renting out the cavernous Texas Motor Speedway. A Southern rock concert. More than 3,000 attendees from VIPs to employees to fans off the street.

Then came the truck, continuing a tradition of long-hood, squared-grille beasts with 7-inch vertical chrome exhausts and...

https://www.freightwaves.com/news/strongpeterbilt-kicks-out-the-jams-to-introduce-model-589strong

Sensor analytics for robotic trucks could provide reverse benefit

Back in February, the predictive analytics software experts at Uptake cut a deal with Daimler Truck to use its data-as-a-service model to tell when any of 160 possible faults and failures could happen. This could result in huge savings for fleets adding the software.

How would this play out for driverless trucks.

“You’re going to see a greater amount of sensor data and information coming out of each one of these trucks,” said Jim Lowell, vice president of technology for Chicago-based Uptake....

https://www.freightwaves.com/news/sensor-analytics-for-robotic-trucks-could-provide-reverse-benefit

Aurora points to driverless trucks in Texas in 2024

Aurora Innovation expects to begin running driverless trucks between Dallas and Houston by the end of 2024. It is the second autonomous truck software maker to declare it is nearly ready with a driver-out program.

Version 6.0 of the Aurora Driver system can recognize when a truck equipped with the software has been in an accident — such as a sideswipe — and pull over to the side of the road. It also can call a command center specialist to get instructions on how to proceed when extreme weather...

https://www.freightwaves.com/news/aurora-points-to-driverless-trucks-in-texas-in-2024

Paccar recalls medium-duty trucks for sudden brake failures

Paccar Inc. is recalling six models of Kenworth and Peterbilt medium-duty trucks over four model years for possible sudden brake failure that could lead to a crash.

Certain 2021-2024 Kenworth T280, T380 and T480 and Peterbilt 536, 537 and 548 vehicles make up the list of trucks recalled. 

The pedal plunger connecting the brake pedal to the brake valve may disconnect when the brake pedal is fully applied and then released rapidly. Brake failure could result. the pedal plunger that connects the...

https://www.freightwaves.com/news/paccar-recalls-medium-duty-trucks-for-sudden-brake-failures

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