EDI Acquires $15M Financing for PHEVs, EVs
Efficient Drivetrains, Inc. (EDI) has closed initial funds in its Series C financing round toward funding the company's PHEV and EV solutions, and is is forecasted to close in Q4 2016 at $15 million.
Efficient Drivetrains, Inc. (EDI) has closed initial funds in its Series C financing round toward funding the company's PHEV and EV solutions, and is is forecasted to close in Q4 2016 at $15 million.
The FMCSA has issued a final rule amending the FMCSRs to allow the voluntary mounting of certain devices on the interior of the windshields of commercial motor vehicles.
Vipar Heavy Duty has named Beth San Filippo as its new controller. San Filippo joined Vipar Heavy Duty and its family of companies in November 2011 and most recently was accounting manager.
Heavy-duty vehicle component manufacturer Jacobs Vehicle Systems has launched its new High Power Density Engine Brake for vehicle and engine manufacturers, announcing the technology at the IAA Commercial Vehicle show in Hannover, Germany.
Ford's new adaptive steering technology that's been added to 2017 Super Duty trucks and the 2016 Edge mid-size SUV improves steering efficiency and effort so the vehicles are easier to steer at various speeds.
The Truckload Carriers Association has promoted David Heller from director of safety and policy to vice president of government affairs, the group announced during its Fall business meeting.
Just two weeks after revealing they had forged a “wide-ranging strategic alliance,” the chief executives of Volkswagen Truck and Bus and Navistar International Corp. fielded questions from North American journalists covering the massive IAA truck show opening this week in Hannover, Germany.
Dana has revealed new details about its Spicer global single axle for trucks, tractors and coaches and announced enhancements to its Spicer Compact Series Plus driveshafts at the IAA Commercial Vehicles show in Hannover, Germany.
The U.S. Postal Service has awarded $37.4 million in contracts to six vendors to provide 50 prototypes of a next-generation delivery vehicle that will be tested in various climates and locales.
Eric Vos, Mark McLean and Steven Weaver share top accolades at the conclusion of the event that included hundreds of technicians from around the USA.
Cummins is showcasing a diverse set of new technologies aimed at reducing total cost of ownership for OEM customers at the IAA Commercial Vehicles Show in Hannover, Germany.
Thermo King introduced the SLXi platform of single- and multi-temperature trailer refrigeration units, developed with a focus on unit intelligence, communication, fuel consumption and temperature management.
Net Class 8 truck orders rose to a three-month high in August, helped by cancellations which fell to a near three-year low, according to the latest numbers from ACT Research.
The number of loads on the DAT network of load boards gained 20% during the week ending Sept. 17 compared to the week before and the number of trucks added 19% as the spot market rebounded during the first full week after the Labor Day holiday but it barely translated into higher rates.
Freight shipments across all U.S. domestic modes continued improving in August but remain weak, according to the latest Cass Freight Index, while freight spending moved lower again with both resulting in mixed feelings when it comes to their economic impact.
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