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Celadon receives filing deadline extension
INDIANAPOLIS, IN - Celadon Group is over a year behind on filling its quarterly and annual reports with the Securities and Exchange Commission (SEC). The group announced that it has received an extension from the New York Stock Exchange (NYSE), subject to review on an on-going basis, that allows the company to take until May 2, 2018 to file the documents with the SEC.
Daimler launches electric Class 8
TOKYO, JAPAN - Daimler Trucks has a new product that's all charged up and ready to hit the road. Mitsubishi Fuso Truck and Bus Corporation (MFTBC), the majority of which is owned by Daimler AG, announced the first fully electric Class 8 truck at the Tokyo Auto Show Wednesday. The truck was revealed as part of the E-Fuso line-up, the first product brand launched by an OEM exclusively dedicated to the electric mobility of trucks and buses. The Fuso launch comes on the heels of the launch of the Fuso eCanter, a Class 4 truck that will deliver later this year. It also comes ahead of a reported launch of an electrified Class 8 from Tesla, the electric car company owned by Elon Musk. The date for that launch was rumored to be this month, after it was pushed back several times. E-Fuso's electric heavy-duty concept truck - named E-FUSO Vision One - has a 300 kiloWatt hour battery with a range of up to 350 kilometers, and a Gross Vehicle Weight (GVW) of about 23 tons. The company says it can carry a payload of about 11 tons, only two tons less than its diesel counterpart.
Teamsters back proposed regs for port drivers
WASHINGTON, D.C. - The Teamsters are standing behind two bills introduced this week in the United States designed to make jobs safer and more equitable for drivers working in major U.S. Ports. The bills, called the Clean Ports Act of 2017 and the Port Drivers' Bill of Rights, are being introduced by representatives Grace Napolitano (D-Calif.) and Jerrold Nadler (D-N.Y.) after a USA Today report in June found clean air regulations banning older model vehicles for drivers working in ports were creating an environment of indentured servitude for drivers. Drivers were being forced to sign what the bills call exploitive truck lease or rental agreements.
