Compared to a year earlier, first quarter 2024 spending fell 27.9% while shipment volume dropped 21.6% The latest U.S. Bank Freight Payment Index revealed that the U.S. truck freight market contracted significantly during the first three months of 2024. Spending by shippers decreased 27.9% in the first quarter compared with the same period in 2023 and was […] The post U.S. Bank Freight Payment Index: Truck freight contraction continues appeared first on Fleet News Daily ..read more

Under a long-term supply agreement, BAE Systems will provide its Gen3 propulsion and accessories power management system for the zero-emission fuel cell electric platform BAE Systems, a leader in heavy-duty electric propulsion, will provide its next-generation electric drive system to GILLIG, a manufacturer of heavy-duty transit buses in the United States, for its new line […] The post BAE Systems’ electric drive technology to power GILLIG’s new hydrogen fuel cell transit buses for zero-emission operation appeared first on Fleet News Daily ..read more

Process can be used on end-of-life automotive batteries as well as manufacturing scrap Toyota Motor North America has entered a Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Energy’s Argonne National Laboratory to investigate the development of a direct recycling process for lithium-ion batteries, which are prevalent in new electric vehicles. The […] The post Toyota and Argonne National Laboratory Investigate Recycling of Lithium-Ion Batteries  appeared first on Fleet News Daily ..read more

A white paper from Aurora Innovation examines how autonomous trucking technology can increase energy efficiency and reduce emissions in the freight and logistics industry Aurora Innovation, Inc. released a white paper indicating that autonomous trucking has the potential for significant environmental benefits. The paper finds that autonomous trucking could increase energy efficiency by up to 32% relative to […] The post Autonomous Trucks Can Reduce Emissions and Fight Climate Change appeared first on Fleet News Daily ..read more

Collaboration signals perks for fleets AtoB, the first fintech payments platform to modernize the $790 billion trucking industry’s financial system, announced a collaboration with TravelCenters of America (TA), the nationwide operator and franchisor of the TA, TA Express and Petro Stopping Centers travel center brands. The collaboration will bring a cost savings of an average […] The post Fast-Growing Fintech Payment Platform AtoB Collaborates with Trusted TravelCenters of America appeared first on Fleet News Daily ..read more

Evolectric is at the forefront of transforming the commercial fleet industry with its innovative CircularEV™ conversion kit Evolectric held the grand opening of its new headquarters in Rancho Dominguez, California. This significant expansion marks a major milestone in Evolectric’s mission to accelerate the global transition from gasoline to electric vehicles through innovative and cost-effective solutions. The ribbon-cutting […] The post Evolectric Celebrates HQ Grand Opening-Targets to Convert 100k Vehicles per Year to Electric appeared first on Fleet News Daily ..read more

“Kenworth and Peterbilt’s industry-leading vocational trucks provide customers with the premium quality and durability required in rigorous construction applications.” PACCAR reported excellent revenues and net income in the first quarter of 2024,” said Preston Feight, chief executive officer. “PACCAR’s results reflect ongoing demand for premium quality DAF, Peterbilt and Kenworth trucks, aftermarket parts and financial […] The post PACCAR Achieves Excellent Financial Performance appeared first on Fleet News Daily ..read more

Fleet Complete users across North America can access comprehensive EV data directly from OEM connected vehicles Fleet Complete, a global leader in connected fleet management solutions, announced an exciting step forward in fleet electrification by making the transition to electric vehicles (EV) even simpler. Fleet Complete now offers advanced support for OEM connected EVs, further […] The post Fleet Complete Launches Unified Solution for Managing EV Adoption in Mixed Fleets appeared first on Fleet News Daily ..read more

When using Neste MY Renewable Diesel – made from sustainably sourced, 100% renewable raw materials – GHG emissions can be reduced by up to 75%* Neste, the world’s leading producer of renewable diesel and sustainable aviation fuel, and New Jersey Natural Gas (NJNG), the principal subsidiary of New Jersey Resources, look to reduce greenhouse gas […] The post Neste and New Jersey Natural Gas target reducing greenhouse gas emissions with Neste MY Renewable Diesel appeared first on Fleet News Daily ..read more

Mack announced it will feature the Mack® LR Electric, a Mack MD7 and a Mack TerraPro® in its booth Mack Trucks is showcasing its breadth of offerings for the waste industry during WasteExpo 2024. Mack announced it will feature the Mack® LR Electric, a Mack MD7 and a Mack TerraPro® in its booth and will […] The post Mack Trucks Announces Product Lineup at WasteExpo appeared first on Fleet News Daily ..read more