Navistar presents 2020-24 strategy for shareholders
Navistar International Corporation presented its 2020-24 strategy, “Navistar 4.0,” at its Investor Day event Sept. 19, laying out a plan to increase the company’s earnings before interest, tax, depreciation and amortization (EBITDA) margins to 12%.
Trimble announces new software capabilities and enhancements
Trimble announced the launch of new capabilities for shippers, carriers and service providers that delivers connectivity to Trimble’s transportation applications and solutions at Trimble’s 2019 in.sight user conference and expo.
Watch: Keep wax buildup out of your diesel engine in cold weather
Cold weather is especially difficult on diesel engines. This is because a percentage of diesel fuel is made of paraffin wax molecules that give diesel that little extra little “umph” in the stored energy department. While these wax molecules are completely harmless in warmer temperatures, if the fuel gets cold enough this wax can crystallize and form a gel-like consistency that will clog the truck’s fuel filters.
Used Class 8 truck sales fell in August
Preliminary used Class 8 volumes (same dealer sales) fell 1% month-over-month in August, according to the latest numbers from ACT Research.
Trailer orders for August remain in low holding pattern
FTR reports that final trailer orders for August remain in a low holding pattern at 10,400 units, up 1% month-over-month.
Production starts on Freightliner Cascadia with advanced safety features
Production of the Freightliner Cascadia with enhanced safety and aerodynamic features has begun, the company has announced.
East Penn releases new commercial truck battery
East Penn has launched its Fahrenheit battery technology for commercial truck applications.
Bridgestone acquires TomTom’s digital fleet solutions business
Bridgestone Corporation’s subsidiary Bridgestone Europe NV/SA entered into an agreement with TomTom earlier this year to acquire TomTom Telematics, its digital fleet solutions business, for €910 million (about $1,015,239,680).
Pre-ship provides respite from freight downturn, ACT Research Freight Forecast says
ACT Research released the September installment of the ACT Freight Forecast, U.S. Rate and Volume Outlook report covering the truckload, intermodal, LTL and last mile sectors.
North American Class 8 orders for August up modestly from July
According to ACT Research’s preliminary North America Class 8 net order data, the industry booked 10,900 units in August, up nearly 6% from July, but 79% below last August’s best-ever order month, while FTR reports preliminary North American Class 8 orders for August at 10,400 units, up 4% m/m but down 80% y/y.
Phillips Connect releases two new asset tracking products
Phillips Connect Technologies (PCT) has released EZTrac and EZTrac Plus. These asset tracking solutions give constant visibility of a trailer or chassis fleet while requiring minimal install time, the company says.
Peak launches new high-performance extended life antifreeze + coolant
The introduction of the new Peak marks Old World Industries’ first major launch in the extended life antifreeze/coolant segment.
