Category: Trucking News

Plus Advances the Development of Next-Generation Vision Models, Built on NVIDIA DRIVE, for AI Processing in its Self-Driving Software

Plus will leverage the NVIDIA DRIVE Thor high-performance, automotive-grade centralized computer with next-generation NVIDIA Blackwell architecture SANTA CLARA, Calif.–(BUSINESS WIRE)–#Autonomousdriving–Plus, a global provider of autonomous driving software solutions, is collaborating with NVIDIA on the advanced development of its AI-driven vision models. Plus’s state-of-the-art vision models, will run on the NVIDIA DRIVE Thor™ by automotive-grade and […]

Myers Industries Hosts Investor Day and Unveils its Horizon Two Strategy Outlook

Event outlines Company’s strategy to drive profitable growth and provides outlook through fiscal year 2026 AKRON, Ohio–(BUSINESS WIRE)–Myers Industries, Inc. (NYSE: MYE), a leading manufacturer of a wide range of polymer and metal products and distributor for the tire, wheel, and under-vehicle service industry, will host its 2024 Investor Day event tomorrow morning at the […]

Oshkosh Corporation to Nominate Annette Clayton for Election to Board of Directors

OSHKOSH, Wis.–(BUSINESS WIRE)–$OSK #oshkoshcorporation–Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, today announced that its Board of Directors will nominate Annette Clayton, chairwoman and former president and chief executive officer of Schneider Electric North America, for election to the Oshkosh Board at the Company’s 2024 Annual Meeting of Shareholders. “The Oshkosh […]

Allison Transmission Announces Closing of Amend and Extend of its Revolving Credit Facility and Term Loan Debt

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission Holdings Inc. (NYSE: ALSN) (“Allison” or the “Company”) announced today that, on March 13, 2024, its wholly owned subsidiary, Allison Transmission, Inc. (the “Borrower”), entered into a fourth amendment to its credit agreement (the “Amendment”). Pursuant to the Amendment, the Borrower increased its commitments under its revolving credit facility from $650 million […]

Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share

CHARLOTTE, N.C.–(BUSINESS WIRE)–Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced that its Board of Directors has approved payment of a regular quarterly dividend of $0.07 per common share. The dividend will be payable on or about May 13, 2024, to shareholders of record at […]

Cabot Corporation Launches New PROPEL® E8 Engineered Reinforcing Carbon Black for Tire Tread Applications

PROPEL E Series Advances Sustainability and Performance, Promoting Better Efficiency and Increased Durability For Electric Vehicle and High-Performance Tire Formulations BOSTON–(BUSINESS WIRE)–Cabot Corporation (NYSE: CBT) today announced the global launch of its new PROPEL® E8 engineered reinforcing carbon black designed to provide superior tread durability at low rolling resistance for high-performance tire tread applications. This […]

Custom Truck One Source Acquires the Business of SOS Fleet Services, LLC, Expanding Gulf States Footprint and Service Capabilities

KANSAS CITY, Mo.–(BUSINESS WIRE)–Custom Truck One Source, Inc. (NYSE: CTOS) proudly announces its acquisition of the business of SOS Fleet Services, LLC, a full-service repair facility located in Alexandria, Louisiana. This acquisition brings over 30,000 square feet of space and a highly experienced team that will significantly enhance Custom Truck’s service footprint in the region. […]