What’s changed at Navistar a year after Traton’s $3.7B takeover?
New leaders, an electrification push and Scania influence mark the first year after the Traton’s $3.7 billion takeover of Navistar.
New leaders, an electrification push and Scania influence mark the first year after the Traton’s $3.7 billion takeover of Navistar.
Navistar’s new CEO aligns with parent Traton Group in declaring batteries will be the ultimate solution to zero-emission transportation.
Decades of discord over employee benefit cuts at Navistar could end soon with a $742 million settlement.
Fuel savings realized from the SuperTruck II program could translate to less battery mass and greater driving range for electric trucks.
Navistar and MAN SE leaders trade positions as Traton continues a makeover of Navistar’s executive team.
In the disruptive world of autonomous trucking, TuSimple says it has to haul freight to prove the technology works.
SPAC-sponsored autonomous software developer Embark Trucks is tapping industry experts for advice as its public debut nears.
Daniel Ninivaggi takes over as the electric pickup truck startup beset with legal, financial and production challenges seeks to survive.
Traton Group shuffles the executive deck at Navistar, replacing CEO Persio Lisboa with former Scania executive Mattias Carlbaum.
Supplier readiness is a key to Navistar and TuSimple achieving commercialization of a high-autonomy Class 8 truck in 2024.
AEye’s pencil dot-sized LiDAR sensor can see a half-mile ahead and instantly switch to wide view of traffic cut ins.
Data apparently stolen from Navistar International appears on the dark web as an underground marketplace begins an auction for the heavy truck manufacturer’s internal files.
Cummins is recalling 4,413 remanufactured engines on top of an earlier fuel rail recall that threatened engine fires in trucks, buses and motor homes.
The National Highway Traffic Safety Administration orders trucking manufacturers and operators to report crashes linked to autonomous technology.
Embark Trucks plans to go public at a $5.16 billion valuation with sponsorship by the special purpose acquisition company that backed Lion Electric.
Level setting the descriptions of autonomous vehicles gets simpler as industry coalesces around two main identifiers.
Truck Talk is a weekly newsletter from FreightWaves that adds perspective and context to happenings in the trucking industry.
Money matters, but the chance to tell investors its growth story led to revenue-positive Proterra riding a SPAC to public trading.
Autonomous trucking software startup TuSimple’s public offering helps boost Navistar Q2 earnings while a trucking recovery leads to added production.
Navistar was hit by a cyberattack in late May, but the truck maker said it is working with cybersecurity experts to minimize the impact.
Truck Talk is a weekly newsletter that brings perspective and context to trends and issues in the trucking industry.
A whistleblower filed a complaint in 2013 alleging pricing fraud by Navistar Defense that its parent company settled with no admission of wrongdoing.
Truck Talk is a weekly newsletter from FreightWaves that adds perspective and context to happenings in the trucking world.
TuSimple’s autonomous trucks cut 42% off delivery time for a load of watermelons for Los Angeles-based produce giant Giumarra Cos.
Kodiak Robotics claims the best autonomous trucking software. But the startup trails the sector’s big names in both money and partners.
Truck Talk is a weekly newsletter from FreightWaves that adds context and perspective to happenings in the trucking industry.
Truck Talk is a weekly newsletter from FreightWaves that adds perspective and context to happenings in the trucking industry.
TuSimple, the first autonomous vehicle software developer to go public, raised $1.1B at $40 per share, above the high-end of its estimated price..
Incentives help make Volvo VNR Electric Class 8 trucks affordable for a food logistics supplier, whose 14-unit order benefits from a $3.9 million grant.
The U.S. must help secure domestic semiconductor manufacturing, truck manufacturers tell the Biden administration.
Startup self-driving truck software-maker Embark Trucks sees itself at the center of an autonomous ecosystem driven by fleet and logistics partners.
The costs of keeping up with four engine technologies and the pace of self-driving trucks push rival truck manufacturers into partnerships.
TuSimple, the self-driving truck startup backed by fleets, suppliers and manufacturers, filed on Tuesday to become a public company.
The soon-to-be parent of Navistar increases electrification investment to $1.9 billion by 2025 and says 80% of its brands’ trucks will be electric by 2030.
As a love affair with electric vehicle companies fades, self-driving truck startups appear to be the new courtship objects of blank check companies.
Navistar reported a Q1 fiscal loss in its final earnings in 35 years as the public holding company for International Trucks and IC buses.
New Class 8 truck orders are piling up, leading fleets to turn to used equipment to add capacity in a consumer-driven freight market.
The $3.7B merger of Navistar and TRATON Group drew nearer Tuesday when Navistar shareholders approved a $44.50-per-share buyout.
Commercial vehicle fuel cell maker Hyzon Motors is adding a fuel cell facility to make enough key components for 1,200 fuel cells a year.
Navistar is recalling more than 32,000 International LT and Lonestar models from several recent model years because engines can shut down unexpectedly.
With recent financing from major fleets, TuSimple eschewed the blank check company frenzy to chart its own course to public trading.
FreightWaves Truck Talk is a weekly newsletter adding perspective, context and commentary to industry news and trends.
Hyzon Motors, the fuel cell startup could get hundreds of millions of dollars in backing from a special purpose acquisition company this week.
Daimler AG will create a stand-alone truck business, separating Daimler Trucks from the Mercedes-Benz passenger vehicle business to focus on zero-emissions technologies.
General Motors is not the first automaker to commit to science-based carbon neutrality. Industry experts agree it will accelerate trucking electrification and the greening of the supply chain.
End-to-end ecosystem combines Navistar trucks, GM fuel cell systems and mobile hydrogen producer in test on dedicated J.B. Hunt Transport routes.
FreightWaves Truck Talk is a weekly newsletter adding perspective, context and commentary to industry news and trends.
The second issue of FreightWaves Truck Talk looks at the past, present and future of WorkHorse Group.
Navistar is selling an engine-testing facility in Illinois to an industrial park developer, laying off 250 employees by the end of the year. The need for engine testing is shrinking amid the industry transition to alternative propulsion like battery-electric vehicles.
Commercial vehicle electrification developer Proterra Inc. will go public via a reverse merger with special purpose acquisition company ArcLight Clean Transportation Corp. Daimler Trucks is among lead investors raising $648 million Proterra is expected to receive.
General Motors has created a new battery-electric first-to-last-mile business eyeing an $850 billion delivery market. Following a second pilot program, FedEx Express is slated to get the first 500 units of the EV600.
A parameter setting in 20,000 Navistar work trucks can allow engine revving during power takeoff to overwhelm the parking brake and allow the truck to move. It is the truck maker’s second recall for the condition in a year.
Here is the first issue of FreightWaves Truck Talk, a weekly newsletter adding perspective, context and commentary to industry news and trends.
German newspaper Handelsblatt says Daimler AG may spin off Daimler Trucks in 2021 to spare it the drag of Mercedes-Benz’s financial struggles.
Navistar reported lower sales and earnings in its fiscal Q4 and for all of 2020 as it prepares to become part of Volkswagen’s TRATON Group.
Heavy-duty trucks with collision avoidance, emergency braking and other safety technologies are beginning to enter the used truck market, potentially making the roads safer as older trucks are retired.
Navistar makes connected vehicle solutions maintenance standard for five years on all International Trucks on-highway models beginning Dec. 15.
The International HX Series off-highway trucks are the first expression of a modular approach imbued in Navistar’s Project Compass initiative.
Engine maker Cummins is working with Navistar to develop a Class 8 hydrogen fuel cell truck that carrier Werner Enterprises will put through its paces as fuel cells continue to find favor in the future of long-haul trucking.
Manufacturers take varied approaches to avoiding the chicken-and-egg conundrum of electric trucks. PACCAR is selling and financing them with leases for battery-powered trucks.
Volkswagen AG’s truck holding company TRATON and Navistar International Corp. reached a definitive agreement on TRATON’s $3.7 billion buyout of the maker of International trucks and IC buses.
Navistar tells TRATON it can buy the company for $44.50 a share, or about $3.7 billion, slightly more than TRATON’s final offer and almost $10 more a share than its $2.9 billion bid in January.
TRATON Group is giving Navistar until noon Friday to accept its $43-a-share offer for the 83% of the truck maker it does not already own, or the German holding company owned by Volkswagen says it will walk away.
Pulled along by improving orders for new Class 8 trucks, demand for late-model heavy-duty used trucks continues to swell.
Navistar’s board says TRATON’s takeover offer is too low. But it is good enough for the truck maker to open its books and keep talking.
TRATON parent Volkswagen AG will cover the cost of the additional $700 million offer for Navistar, and it’s willing to go higher. How much will it take to close a deal?
Against the backdrop of a tough third quarter when key businesses posted losses, Navistar looks ahead to building electric trucks on the same assembly line with diesel models at a new plant in Texas.
Seven months after Volkswagen’s truck holding company, TRATON SE, made an unsolicited $2.9 billion offer for Navistar, talks may be heating up, according to Bloomberg.
While startups announce deployment tests of highly autonomous trucks, Daimler Trucks and Torc Robotics are unapologetic about their deliberative approach..
Just 3½ years after J.B. Hunt Transport Services purchased its first International LT Series on-highway tractor, the carrier has taken delivery of its 5,000th from Navistar.
For electric trucks to really catch on, recharging time will have to be on par with a diesel fill-up. More powerful chargers like Tritium’s direct current charger that can juice up a vehicle to 80% in 15 minutes are on the way.
Navistar picks Detroit suburb near major electrification suppliers to locate its NEXT eMobility business unit as it prepares to make its first battery-electric trucks and school buses.
Navistar’s new CEO, Persio Lisboa, is streamlining his senior executive team to begin the truck maker’s post-Troy Clarke era.
Diesel engine leader locks up engine supply agreement with Navistar through 2026.
OOIDA warns suspending federal excise tax would hit Highway Trust Fund.
Early units of new Mack MD Series medium-duty trucks are coming together in a former comic book publishing factory near Roanoke, Virginia.
Texas grows as locus for autonomous truck testing as Aurora Innovation plans to begin Class 8 testing in Dallas-Fort Worth area.
Partnering with TuSimple, Navistar shaves up to five years off industry timeline for driverless trucks, targeting 2024 to sell autonomous semis.
Navistar is partnering with self-driving technology startup TuSimple to shave up to five years off the timeline for autonomous semis. It is targeting 2024 to sell International-branded driverless trucks. Navistar […]
New partnership marries Navistar vehicle diagnostics platform with Samsara’s fleet management solutions.
The departure of Andreas Renschler as CEO of TRATON assures that new executives at TRATON and Navistar will oversee what most see as an inevitable combination.
After extending CEO Troy Clarke’s tenure as CEO three times, Navistar International Corp. has chosen Chief Operating Officer Persio Lisboa as his successor.
With Texas halting business reopenings because of a surge in coronavirus cases, Navistar executives and others who would have tossed shovels full of dirt instead read prepared remarks over the internet to kick off construction of a $250 million high-tech plant.
Daimler Trucks looked at the mileage data of 130,000 trucks it monitors and predicts mileage driven could reach pre-COVID-19 levels by the end of June.
Navistar included only one full month of impact from the COVID-19 pandemic in its loss-making second quarter. How bad will it be for manufacturers who report on a traditional April-June quarter?
Heavy-duty truck maker Navistar reported a $38 million loss in its fiscal second quarter, the first look at the financial damage from COVID-19-related manufacturing shutdowns.
Major truck manufacturers are using digital tools for ordering parts, repairing equipment faster and transporting trucks for service because of staff shortages during the COVID-19 pandemic.
In a rare behind-the-scenes look at a recall, Navistar explains how it found 4,900 trucks suspected of engine-disabling connecting rod failures and why it decided to warn drivers instead of replacing engines in all the trucks.
Volkswagen truck holding company Traton Group urges a Euro-style “cash for clunkers” program to boost new truck purchases following lower first-quarter sales, profits and orders.
The largest manufacturer of heavy-duty trucks puts worker protections in place as it tries to make up for production lost to the coronavirus pandemic.
Navistar makes $300 million in across-the-board cuts to conserve cash but will repay employees with interest for their 10% to 30% pay reductions next March.
Improperly lubricated steering axles resulting in two equipment recalls by Meritor Inc. leads to callback of 1,532 Freightliner trucks following Navistar reporting similar issue in 2019.
Major truck manufacturers extend production suspensions as the coronavirus pandemic worsens. J.P. Morgan upgrades PACCAR and holds a neutral rating on Navistar.
One in five of 13,570 recalled trucks is expected to have a brake light malfunction caused by stress on solder joints that can create poor or intermittent electrical contact.
Daimler Trucks North America is adding 700 service bays to its network this year even though near-record sales of new trucks during 2018 and 2019 suggest a lower need for service.
Supply chain disruption from coronavirus adds Navistar plant in Ohio to truck operations suspending production and pulling earnings guidance.
Crafting a mission statement and values for TravelCenters of America is among myriad tasks veteran turnaround expert Jon Pertchik is taking on in his latest project.
Class 8 truck manufacturers so far are staving off production cuts and layoffs, but they are watching their supply chains carefully for disruptions from the coronavirus that could further reduce already tepid demand for new equipment.
Rather than talk about the proposed TRATON buyout of the company — the elephant in the room — Navistar executives unpacked reasons behind the disappointing first fiscal quarter they had predicted.
Roadside repair costs for trucks continuing to rise, hitting $450 per repair in the fourth quarter of 2019, up 26% over the same quarter in 2018