Preliminary orders of Class 4-8 trucks increased in June, with Class 8 trucks crossing the 40,000-unit level for the fourth time in six months and medium-duty orders increasing to 26,400 units in a month that's typically weak for Class 5-7 vehicles, according to ACT Research.
Cummins has acquired Efficient Drivetrains Inc., a Silicon Valley-based company known for producing hybrid and electric power solutions for the commercial market.
Cargo handling and restraint systems provider Ancra International has announced a company name change to Ancra Cargo.
Bharat Mahajan has been appointed chief financial officer of Daseke Inc., assuming the role from Scott Wheeler who was named Daseke president earlier in the year.
The asset-light trucking and logistics provider Roadrunner Transportation Systems Inc. reported its first quarter operating results on Monday that showed a bigger loss than it reported a year earlier as it also said its now in compliance with government reporting rules.