Volvo to Receive $208M to Accelerate Heavy-Duty Electric Truck Production
The Energy Department awarded $208 million to Volvo Technology of America to help fast-track the production of heavy-duty electric trucks and related powertrain components.
The funding will assist Volvo Group’s Lehigh Valley Operations truck assembly site in Macungie, Pennsylvania, where it produces Mack trucks, and its New River Valley truck location in Dublin, Virginia, Volvo’s largest truck manufacturing plant in the world.
“Through facility upgrades and employee training, this grant will help our U.S. plants more efficiently produce the innovative trucks and zero-emission powertrain components essential to this transition,” said Stephen Roy, chairman of Volvo Group North America and president of Mack Trucks.
Are LNG Fleets Powering Your Deliveries?
Amazon has become a powerhouse in deliveries globally and in 2021 added 1,000 CNG trucks to their European fleet, showing how prevalent the shift towards these alternative fuels has become. Evri and UPS have followed suit and have begun investing heavily in LNG to expand the eco-approach to transport logistics.
This could mean many of the items you’ve ordered online are potentially being shipped or delivered by a vehicle utilizing an LNG or CNG engine.
If you’re planning on getting your weekly food shopping delivered to your home, it’s likely it was delivered by a fleet employing LNG. Major supermarkets have been investing in LNG, and in the UK alone, two of the giants, Tesco and Asda, have both made the switch.
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Trucking News: America’s Freight Recession is Nearing its End, say Logistics Execs
The trucking industry is turning a corner after a prolonged freight recession that succeeded the Covid boom in transportation rate and services, according to logistics executives.
Data from Motive, which tracks trucking visits to North American distribution facilities for the top five retailers, shows volume up 30% year-over-year in June.
“We now have fewer trucks on the road because of the bankruptcies and capacity exits,” Hamish Woodrow, Head of Strategic Analytics at Motive said. “We will exit the freight recession in Q3 and rates will go up in the back end of the third quarter.”
