Volvo Group profits jumped year on year in the second quarter of 2024 on the back of truck price increases and improved margins for construction equipment plus marine and industrial engines.

The Paccar Technical Center continues to grow in size and head count, some 42 years after the Mount Vernon, Wash., facility began operations, according to its top executive.

Peterbilt recently launched a broader rollout of its Prognostics diagnostics software, a senior executive said.

Daimler Truck will take a writedown on the value of its Chinese joint venture due to a persistently weak market in Asia’s largest economy, the German truck manufacturer said July 16.

Leonard’s Express will begin deploying Optimal Dynamics’ load planning and dispatch software starting in August, executives said July 16.

Ryder System Inc. is set to buy Pit Stop Fleet Service for an undisclosed sum, it said July 15. The deal is expected to close by Aug. 1.

Navistar truck and bus sales in the second quarter of 2024 slumped 31% year-over-year, partly as a result of a shortage of truck mirrors, parent company Traton said July 10.

The Biden administration is set to award Volvo Group, Accelera by Cummins and ZF North America a combined $441 million in grants to upgrade manufacturing facilities.

Construction of Amplify Cell Technologies’ battery cell manufacturing plant in Marshall County, Miss., has begun, the joint venture among Accelera, Daimler Trucks and Paccar said.

Daimler Truck North America sold 48,230 vehicles in the second quarter of 2024, a 4.7% decrease compared with 50,618 trucks and buses in the same period in 2023.