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Industry News: Page 134
Industry News
AEM Supports Legislation to Improve U.S. Infrastructure
Association of Equipment Manufacturers (AEM)
The America’s Transportation Infrastructure Act (ATIA) will provide the resources necessary to maintain and improve surface transportation assets and benefit equipment manufacturers, says AEM.
On-Highway
Heavy Truck and Trailer Industries Heading for Market Correction in 2020
Americas Commercial Transportation Research Co. LLC/ACT Research
According to ACT Research, the biggest driver of the change will be the continued building of new equipment inventories in 2019 requiring right-sizing in 2020.
On-Highway
Class 8 Natural Gas Truck Retail Sales up 10% in May
Americas Commercial Transportation Research Co. LLC/ACT Research
ACT Research reports natural gas vehicle sales grew 10% month-over-month, 60% compared to May of 2018, and are up 43% year to date.
Industry News
New DOE Funding for Commercial Truck, Off-road Vehicle, and Gaseous Fuels Research
The United States Department of Energy (DOE)
Research will focus on natural gas, biopower, and hydrogen; heavy-duty freight electrification; hydrogen infrastructure and fuel cell technologies; and energy efficient off-road vehicles.
On-Highway
Class 8 Market on Cusp of Correction
Americas Commercial Transportation Research Co. LLC/ACT Research
ACT Research reports the Class 8 market is likely headed for a slowdown going into the end of 2019.
On-Highway
PACCAR Achieves Record Quarterly Revenues
PACCAR Inc.
Record global truck deliveries and parts sales drove the improved revenues for the company.
Industry News
Red Dot 2019 Product Design Winners Announced
On-Highway
Daimler Reports Second-Quarter 2019 Results
Daimler AG
The group's total revenue increased 5%; Daimler Trucks saw a 2% sales increase during the quarter and Daimler Buses' a 12% increase.
On-Highway
Electric Bus Demand Surging Outside China
IDTechEx
IDTechEx's latest report overviews growing demand for electric buses in various parts of the world while demand in China appears to be on the decline.
On-Highway
European Commercial Vehicle Registrations up 2.8% in June
European Automobile Manufacturers Association (ACEA)
ACEA reports all major EU markets, except Spain, recorded solid growth in June; the UK and Germany saw the strongest gains.
Trends
Yanmar Demonstrates Autonomous Tractors
Yanmar Co. Ltd.
The company recently demonstrated the use of precision technology for an autonomous tractor in Thailand.
Industry News
Registration Open for 2020 CONEXPO/CON-AGG and IFPE
Association of Equipment Manufacturers (AEM)
Show organizer AEM says that new for 2020 is the opportunity to mix and match education sessions between CONEXPO-CON/AGG and IFPE for one price.
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