Equipment

FRANKFURT, Germany — Germany’s Daimler Truck AG and Sweden’s Volvo Group say they plan to jointly manufacture hydrogen fuel cells for trucks in Europe starting in 2025 and called on European Union policymakers to boost incentives for climate-neutral technologies.

Trailer maker Wabash National Corp. returned to first-quarter profitability compared with a year earlier and increased its full-year guidance on revenue.

The average used Class 8 truck in March brought the third-highest price ever as demand rages on and supply is very tight, ACT Research reported.

Peterbilt Motors Co. announced Yellow Corp. placed an order for 1,222 Peterbilt Model 579s, the single-largest order of Peterbilt trucks equipped exclusively with a Paccar powertrain.

ALBANY, N.Y. — The state Senate on April 26 passed a bill that would essentially mandate that all new passenger cars sold in the state run on electric power by 2035 and trucks and other heavy duty vehicles run on electricity by 2045.

Truck maker Paccar Inc. reported a surge in net income and improved revenue in the first quarter as its parts business achieved record revenue and pretax profits amid strong demand and booming e-commerce sales.

CLEVELAND — The failure of Lordstown Motors, an Ohio-based electric truck startup, to pay $570,000 in real estate taxes due in early March is yet another troubling sign for a company that has been barraged by bad news this year.

Ford Motor Co. is building a $185 million battery research lab as part of a push to build its own power sources for plug-in cars.

Truck dealership Rush Enterprises Inc. reported first-quarter net income nearly doubled and revenue was essentially flat as the company maintained a strict focus on managing expenses.

New research and inspection data shows that electronic logging devices are largely on target to reach their goals of improving road safety and simplifying tracking hours of service, according to a technology expert.