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Market Analysis: Page 24
On-Highway
Daimler Names Bangston President & CEO of Freightliner Custom Chassis Corporation
Daimler Truck North America LLC
Bangston, who will also continue to serve as president and CEO of Thomas Built Buses, succeeds Jeff Sather, who will be retiring after 23 years at DTNA.
Tracks & Tires
OTR Expands Irrigation Tire Offering With Rainmax H2O & Rainmax N/D
OTR Engineered Solutions
Engineered for center-pivot irrigation systems, the Rainmax H2O line features a lug design that enhances traction on wet, muddy ground. The Rainmax N/D line has a non-directional tread pattern that maximizes traction in either direction of travel.
Electronics
BAE Systems & Eaton Collab on Electric Drive Solutions for Heavy-Duty Trucks
BAE Systems
The solution offers OEMs and commercial vehicle modifiers a comprehensive, efficient, advanced and flexible EV system for a wide range of zero-emission platforms to support medium- and heavy-duty commercial vehicles.
Engines
Cummins & Isuzu Motors Limited Introduce New 6.7-Liter Engine
Cummins Inc.
The new 6.7-liter engine, jointly developed by the two companies, will power on-highway truck applications built for the Japanese market and will be available for the Asia Pacific markets and other global markets later this year.
Smart Systems
Hexagon Acquires Xwatch
Hexagon
Xwatch provides machine control hardware and software technologies designed to enhance safety protocols on construction sites, including height control, slew control and rated capacity indication for heavy machinery.
Industry News
Brokk Opens New Distribution Center in Canada
Brokk, Inc.
The new 4,000-foot distribution facility marks an expansion of its network and will house the full line of demolition machines with attachments as well as Aquajet Hydrodemolition robots and parts inventory for both brands.
Engines
DEUTZ Names New CEO of Green Segment
DEUTZ Corporation
Bert van Hasselt has been appointed as the Green segment’s first CEO and will be responsible for the targeted development of alternative drives. The decision follows the restructuring of the segment that was initiated last year.
Software
Volvo CE Takes Minority Stake in VizaLogix
Volvo Construction Equipment
Volvo CE has taken a 22% ownership stake in VizaLogix, a U.S.-based software-as-a-service (SaaS) company specializing in digital, brand-neutral solutions for machine monitoring, servicing and tech support.
Expert Columns
Information Sharing in Vertical Relationships: How to Avoid Antitrust Issues
Frost Brown Todd
Best practices for evaluating accommodation agreements and understanding the risk of sharing competitively sensitive information between companies in vertical relationships.
Seals, Gaskets
Freudenberg Xpress Acquires Trygonal Group
Freudenberg Sealing Technologies - NOK
The purchase strengthens the company's global business unit, Freudenberg Xpress, an expert in small and medium batch sizes, rapid prototyping and customer-specific sealing solutions.
Construction
Oshkosh Corporation to Acquire AUSA
Oshkosh Corporation
Upon closing, AUSA will become part of the Oshkosh Access segment. The companies began working together through a partner agreement in 2020, with AUSA manufacturing the JLG-branded SkyTrak 3013 compact telehandler.
Market Analysis
Q1 2024 Truck Production Index Points to Modest Decline
Power Systems Research
Power Systems Research's Truck Production Index suggests medium and heavy commercial vehicle production in many areas is expected to decline, while production in China, South America, Japan and Korea is expected to improve over last year.
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