Beth Colvin

Heavy-duty suppliers eye automation and AI as opportunities while keeping watch on trade policy shifts and economic weakness. Read more on TPS.

Snap-on has acquired Diesel Laptops for $100 million. The move aims to strengthen the company's library of proprietary data for trucks and off-highway vehicle repairs. Read more on TPS.

ATA President and CEO Chris Spear testified before the Senate this week calling for the repeal of the 12% federal excise tax to spur investment in safer, cleaner trucks. Read more on TPS.

Dana and Eaton Mobility Group are joining forces in a $10 billion merger to create a global leader in powertrain, thermal and electrification solutions. Read more on TPS.

An unsecured creditors committee claims First Brands was a Ponzi scheme orchestrated by former leadership leaving billions in liabilities for the aftermarket firm. Read more on TPS.

First Brands CEO Charles Moore testified for hours to defend a recovery plan that hinges on monetizing litigation claims to satisfy unpaid administrative creditors. Read more on TPS.

Plus, First Brands and somecreditors are pushing back on a request from the bankruptcy examiner to increase his budget by $3 million and PGI steps in to buy more assets and restart manufacturing. Read more on TPS.

A bankruptcy court is weighing an $8 million cash bid from Press-Seal for Jasper Rubber assets. The buyer hopes to rehire staff and return to the market soon. Read more on TPS.

Daimler Truck sales in North America were up 8% in the second quarter.

Following a lengthy legal battle, a Michigan jury cleared Navistar of allegations that it failed to deliver trucks as promised in a 2022 agreement with fleet owners. Read more on TPS.