Court convicts Nikola founder on securities fraud and 2 counts wire fraud. Was Nikola Motors founder Trevor Milton a “con man,” or just overly enthusiastic? A jury in Manhattan apparently agreed with the prosecutor that…
More than 1k attend NTTC convention in Houston, TX, making it one of NTTC’s best represented programs, according to the trade association. The event included daily seminars focused on tank-truck safety, maintenance, tank wash, technology…
Tremcar delivers 1st propane truck for the North American market. 3 propane delivery trucks in service, 12 more units scheduled to be manufactured next year, company officials said. Canada and Latin America Tremcar is in…
Stainless steel imports rising as the S&P Global US Manufacturing PMI fell from 57 in May to 52.7 in June — indicating a significant slowdown in the rate of expansion. Some manufacturers are choosing to…
Paccar posts record income for 2Q with strong margins defying dour economy, increased deliveries of recently revamped models and profit on its parts business all contributed. Practically everything clicked in the second quarter crushing analyst…
Lack of chips still hindering truck plants. Semiconductor shortages are still interfering with efforts by truck manufacturers to produce enough trucks to fulfill customer order commitments – and truck makers may not be able to meet…
Inflation pushing up supplier prices with suppliers passing down cost increases. Inflationary pressures for heavy-duty equipment manufacturers and suppliers are everywhere. Feeling the pinch of inflation, equipment supplier prices are up 11% from March to…
United States Steel Corp. broke ground in Arkansas on the company’s next-generation steel mill. The $3 billion steel-making facility will be the most advanced in North America and largest private project in the history of…
MAC Trailer acquires Bullet Trailer. This facility now is formally MAC Bullet Manufacturing, currently located at 410 Factory Road in Sunnyside, Wash. Expanded its aluminum dump trailer product line with the purchase of Bullet Trailer.
Girard expanding in Florida, consolidating its operations into a new state-of-the-art 80,000 sq.ft. building set on a 5-acre site in Vero Beach. Girard Equipment acquired the location and had invested about $1 million on infrastructure…
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