Tag: Trucking News

Motiv Power Systems Wins More Than 100 New Orders and Multiple New Customers During New Incentive Period

Company heads to ACT Expo with 6th generation platform featuring new Motiv co-designed Nidec motor and 150-mile range ONE battery Motiv names strategy & growth executive Lisa McClung as President and Chief Commercial Officer FOSTER CITY, Calif.–(BUSINESS WIRE)–The decade-plus innovator of medium-duty electric trucks and buses designed to power the backbone of modern commerce – […]

Faraday Future Reports Financial Results for Third Quarter 2021

– Successfully Completed Public Listing, Securing Gross Proceeds of ~$1.0 billion – – 2,270 Mile Test Drive Confirmed Market-Leading Performance and Technology – – Hanford Facility Build Out on Track – – FF 91 Production Launch Expected Q3 2022 – LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“FF,” “Faraday Future” or “the Company”), […]

Solo Advanced Vehicle Technologies Debuts the SD1, Its Clean Sheet, Battery-Electric Truck with 500+ Miles of Range

The SD1 design and specifications will make it the safest and most efficient heavy truck purpose-built for the rapid decarbonization of the long-haul freight industry SAN FRANCISCO–(BUSINESS WIRE)–#AV—Solo Advanced Vehicle Technologies (Solo AVT), the vehicle hardware company revolutionizing the freight transportation industry, today revealed the design and specifications of the SD1, its long-haul battery-electric Class […]

Detmar Logistics and Pioneer Natural Resources Enter Multiyear Agreement for ESG-focused Frac Sand Last Mile Logistics

SAN ANTONIO–(BUSINESS WIRE)–Detmar Logistics (the “Company”) has entered into a first of its kind multi-year last mile logistics services agreement with Pioneer Natural Resources. Detmar Logistics executed this latest agreement with an innovative approach as a leader in alternative fuel and electrified transportation. “We are very excited and honored to enter into this partnership with […]

Oshkosh Corporation to Highlight Technology, Strategy for Growth and 2025 Financial Targets at Investor Day

Showcases technology advancements in electrification, autonomy & active safety, intelligent products and advanced analytics. Provides 2025 financial outlook targeting to double adjusted EPS by 2025. Board approves increased share repurchase authorization. Announces commitment to establish science-based targets to address climate change. OSHKOSH, Wis.–(BUSINESS WIRE)–Oshkosh Corporation (NYSE: OSK), a leading innovator of mission-critical vehicles and essential […]

Global Partners Reports First-Quarter 2022 Financial Results

WALTHAM, Mass.–(BUSINESS WIRE)–Global Partners LP (NYSE: GLP) (“Global” or the “Partnership”) today reported financial results for the first quarter ended March 31, 2022. “Volume and margin gains in each segment of our business highlighted a strong first-quarter performance for Global, as we continued to navigate a dynamic and volatile operating environment,” said Eric Slifka, the […]