Tag: Trucking News

Hyliion Joins World Economic Forum’s Road Freight Zero Coalition to Drive Global Decarbonization

AUSTIN, Texas–(BUSINESS WIRE)–Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in electrified powertrain solutions for Class 8 semi-trucks, today announced that it has become a member of the World Economic Forum and will join the Road Freight Zero coalition, an initiative that engages industry leaders around the world to accelerate the global transition to a […]

Old Dominion Freight Line Announces $0.30 Per Share Quarterly Cash Dividend

THOMASVILLE, N.C.–(BUSINESS WIRE)–$ODFL–Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per share of common stock, payable on June 15, 2022, to shareholders of record at the close of business on June 1, 2022. This dividend represents a 50.0% increase over the […]

Gatik to Expand Operations to Kansas Following Enactment of New Legislation Enabling Autonomous Vehicle Deployment

The signing of Senate Bill 313 into law by Governor Laura Kelly permits autonomous vehicles to operate in the state of Kansas for the first time MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Gatik, the market leader in autonomous middle mile logistics, today announced that it will be expanding operations to Kansas following the signing of Senate Bill 313 […]

Eaton Introduces DC-DC Converters for 48-Volt Commercial Vehicle Architectures

SOUTHFIELD, Mich.–(BUSINESS WIRE)–#commercialvehicles–Power management company Eaton today introduced a family of 48-volt DC-DC converters for diesel-powered commercial vehicles that can be used to power accessories such as antilock brakes and lighting. Unlike competitive offerings, Eaton’s DC-DC converters are operational in ambient temperatures up to 85 degrees Celsius and boast 97% design efficiency. “DC-DC converters are […]

Einride Unveils Expanded Product Offerings at First User Conference, Einride Mesh

Einride Mesh featured keynotes from renowned entrepreneurs and innovators, along with panel discussions, product reveals and demonstrations The leading platform for driving shipping intelligence, Einride Saga, now includes an expanded suite of apps and API developer platform allowing for further adoption Unveiled designs for an innovative and first of its kind hardware update, the Einride […]

Lineage Opens Latest Fully-Automated Cold-Storage Warehouse Expansion in Peterborough to Create South East Superhub

Lineage’s South East Superhub significantly expands cold-storage capacity in the region using the latest in automation and refrigeration technology The site will provide additional supply-chain reliability in the South East and connect with Lineage’s leading warehouse and logistics network in Continental Europe NOVI, Mich. & PETERBOROUGH, England–(BUSINESS WIRE)–#OneLineage–Lineage Logistics, LLC (“Lineage” or the “Company”), one […]