Trends: Page 367

Electronics
Battery and electric technology continues to have a future
New developments in battery, electric and hybrid vehicle technologies exhibited at The Battery Show and Electric & Hybrid Vehicle Technology Expo indicate their growing use in various applications is more than just a passing trend.
Nova Bus is currently developing a fully electric bus which uses an overhead fast charging station recharge the bus' four batteries.
Market Analysis
Caterpillar announces restructuring and cost reduction plans
Caterpillar Inc.
In order to reduce annual costs by $1.5 billion, Caterpillar is undertaking restructuring and cost reduction plans which includes reducing its workforce by an expected 10,000 people by 2018.
Trends
New Flyer receives order for up to 217 Xcelsior CNG buses
NFI Group Inc., formerly New Flyer Industries Inc.
New Flyer has received an order from Omnitrans of San Bernardino to deliver up to 217 of its 40-foot Xcelsior CNG transit buses.
Engines
Fueling change: Diesel alternatives for the non-road sector
An examination of the various alternative fuel options on the market and how, if at all, they can be used in off-road vehicles.
FPT is using what it's learned from its alternatively fueled on-road engines, such as the pictured Cursor 8 CNG engine, to investigate potential alternative fuel options for the off-road sector.
Engines
Partners announced for European Commission’s Horizon 2020 Green Vehicle Initiative project HDGAS
Ricardo, Daimler and Volvo are among the 19 partner companies participating in the European Commission's Horizon 2020 project HDGAS.
Engines
Iveco's new Eurocargo truck offers fuel savings up to 8%
Iveco Group N.V.
Iveco has introduced its new Eurocargo truck which features a single emissions-reduction system and a new turbocharger to respond more dynamically when accelerating for a fuel savings of up to 8%.
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Engines
CALSTART applauds ARB's re-adoption of low carbon fuel standard
CALSTART
ARB's re-adoption of the Low Carbon Fuel Standard will ensure fuels are 10% less carbon intensive by 2020.
Trends
Study finds cities running electric buses provides financial as well as environmental benefits
Volvo Group Global
Analysis by Volvo Group and KPMG finds cities operating electric instead of diesel buses can save up to SEK 100 million per year.
Market Analysis
FTR Shippers Conditions Index for July reflects benign conditions for shippers
FTR Transportation Intelligence
FTR's Shippers Conditions Index for July reached a reading of -1.3, reflecting the short-term stability of the market due in part to steady fuel prices.
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Engineering & Manufacturing
Volvo Trucks breaks ground on new Customer Experience Center at New River Valley Plant
Volvo Trucks North America
Volvo Trucks is making upgrades to its New River Valley plant, as well as opening a new Customer Experience Center.
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Engineering & Manufacturing
Caterpillar celebrates 30 years of backhoe loader by launching anniversary machines
Caterpillar Inc.
Caterpillar celebrated the 30th anniversary of its backhoe loader by unveiling two customized units painted in anniversary colors and fitted with premium cab features.
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Engineering & Manufacturing
SDLG wheel loaders show value for rental market
Shandong Lingong Construction Machinery Co., Ltd. (SDLG)
SDLG's benefits of easy maintenance and reduced investment are helping generate more ROI for rental companies.
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