Tag: Trucking News

Ford Electric Vehicle Post New Record – Mach-E Delivers Best Ever Sales Performance; F-150 Lightning Records First Sales; Ford U.S. Share Expands 3.5 Percentage Points; F-Series Up 6.9 Percent in May

DEARBORN, Mich.–(BUSINESS WIRE)–Ford Motor Company (NYSE: F) today reported its May 2022 U.S. sales results. Click here or visit media.ford.com to view the news release. About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is […]

Ford Announces 6,200 New UAW Jobs in the Midwest; Converting Nearly 3,000 Temporary Employees to Full Time; Upgrading Plants to Deliver Ford+ EV, ICE Product Plans

As America’s top employer of hourly autoworkers, Ford to invest $3.7 billion and add more than 6,200 new union manufacturing jobs in Michigan, Ohio and Missouri; new jobs expected to create about 74,000 indirect new jobs in America by the end of 2026 UAW and Ford actions provide immediate healthcare benefits to all hourly employees […]

ChargePoint Senior Vice President Bill Loewenthal Recognized Among Top 20 Global Chief Product Officers

Loewenthal recognized among global leaders driving digital transformations through product innovation CAMPBELL, Calif.–(BUSINESS WIRE)–ChargePoint (NYSE: CHPT), a leading electric vehicle (EV) charging network, today announced that Bill Loewenthal, senior vice president, product, has been recognized as one of the top Chief Product Officers (CPOs) in the inaugural Global CPO 20, presented by Products That Count […]

Oshkosh Corporation Commits to Setting Science-based Targets for Emissions Reduction

OSHKOSH, Wis.–(BUSINESS WIRE)–Oshkosh Corporation (NYSE:OSK), a leading innovator of mission-critical vehicles and essential equipment, today announced its commitment to set enterprise-wide science-based targets to reduce greenhouse gas emissions. Oshkosh has committed to the Science Based Targets initiative (SBTi) and will develop, validate and publish a science-based target within 24 months. “We are reducing carbon emissions, […]

Eaton Develops 48-volt Aftertreatment Heater Controller to Help Manufacturers Meet Emissions Regulations

GALESBURG, Mich.–(BUSINESS WIRE)–#dieselengine–Power management company Eaton today announced its eMobility business has introduced a 48-volt programmable power electronics control unit for electrically heated catalysts that can be used by commercial vehicle manufacturers to meet tightening global emissions regulations. Rapidly warming up the exhaust aftertreatment catalyst, and keeping it warm during low engine load operation, is […]

Iteris Announces New $10 Million Stock Repurchase Program

SANTA ANA, Calif.–(BUSINESS WIRE)–$ITI #IoT—Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that its Board of Directors has authorized a new stock repurchase program that permits the purchase of up to $10 million of the Company’s common stock. The prior share repurchase program is being terminated and […]

Iteris Reports Record Full Year 2022 Revenue of $134 Million, Up 14% Year Over Year, and Record Full Year 2022 Bookings of $155 Million, Up 28% Year Over Year

Estimates Fiscal Full Year 2023 Total Revenue Range of $147 Million to $155 Million SANTA ANA, Calif.–(BUSINESS WIRE)–$ITI #IoT—Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today reported financial results for its fiscal fourth quarter and full year ended March 31, 2022. During the fiscal first quarter of 2021, […]