Equipment: Page 28

  • A Navistar truck.
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    Courtesy of Navistar
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    Navistar posts first loss since Q2 2019, reflecting slower freight economy

    If the spread of the novel coronavirus is contained, Navistar forecasts net income of more than $220 million. That would be roughly equal to 2019's net income of $221 million.

    By Jim Stinson • March 6, 2020
  • A Nikola Corp. helped a beer company make a zero-emissions delivery in 2019.
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    Courtesy of Nikola Corp.
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    Nikola to become publicly traded company, accelerate EV production

    By merging with a NASDAQ-listed company, Nikola has new ways to grow and meet the requirements of fleets under pressure to reduce emissions.

    By Jim Stinson • March 4, 2020
  • Team Drive-Away uses a Class 8 truck to haul other tractors to buyers, auctioneers and other truck users.
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    Courtesy of Team Drive-Away
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    Team Drive-Away bets trucks are good cargo

    More consolidation with truckload and niche markets is likely in 2020, despite volatility, an analyst said.

    By Jim Stinson • Feb. 28, 2020
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    Pixabay
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    Unscheduled maintenance costs shoot up 25.7% in Q4

    Towing costs contribute to fleet headaches at the end of 2019.

    By Jim Stinson • Feb. 27, 2020
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    Flickr
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    Carriers report reefer, truck shortages in China's stalled supply chains

    One logistics company recommended booking trucking services two days in advance as a result of the driver shortage.

    By Matt Leonard • Feb. 19, 2020
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    Cummins
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    Cummins cuts inventory by $400M anticipating truck production downturn

    Private fleets are "awash in excess equipment,” according to ACT Research. Cummins' CEO said Tuesday he expects heavy-duty truck production for North America to be down 40% year-over-year in 2020.

    By Emma Cosgrove • Feb. 5, 2020