Tag: Trucking News

Plus Launches National Upfit Program Delivering Class 8 Semi-Autonomous Trucks Within a Day

Velociti selected as installation and maintenance services partner for the Plus Build program CUPERTINO, Calif. & RIVERSIDE, Mo.–(BUSINESS WIRE)–Plus, a global provider of self-driving truck technology, announced today that it has selected Velociti, a global leader in fleet technology solutions, as the deployment and maintenance partner for the national Plus Build program. The Plus Build […]

AECOM reports second quarter fiscal 2022 results

Delivered a fifth consecutive quarter of NSR growth, which contributed to continued strong earnings growth Total backlog reached $40.8 billion, including a 1.6 book-to-burn ratio, reflecting a continued high win rate and strengthening market conditions Achieved a new fiscal second quarter high for profitability and adjusted operating margins Generated strong first half cash flow; returned […]

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 […]