Ballard to supply fuel cells to Ford for European longhaul demonstrations
Ballard Power Systems says it has signed a letter of intent with Ford Trucks to supply a fuel cell system that will be used to produce a hydrogen fuel cell […]
Ballard Power Systems says it has signed a letter of intent with Ford Trucks to supply a fuel cell system that will be used to produce a hydrogen fuel cell […]
Lion Electric reported record revenue in the second quarter of $58 million (all figures U.S.), nearly double the same period last year. It recorded a net loss of $11.8 million. […]
Engine maker and power systems provider Cummins Inc. reported record second-quarter revenue thanks to the full integration of Meritor Inc. But a key earnings measure fell because Meritor’s gross margin percentage trails its new parent. By the numbers, Cummins reported: Record second-quarter revenues of $8.6 billion with all five business segments reporting higher sales. Year-ago…
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Freight rail stakeholders will be watching closely as Union Pacific’s incoming CEO Jim Vena takes over the company, especially given how labor and operational dynamics have changed over the last three years since the industry veteran was last at UP as chief operating officer and later strategic adviser. Vena, whose appointment came amid hedge fund…