Skip to content
Search AI Powered

Latest Stories

Penske Truck Leasing adds electric yard trucks for U.S. market

Vehicles from Orange EV are intended for short-distance moves such as trailer-handling operations in truck yards.

Penske Orange EV Truck.jpg

Transportation services provider Penske Truck Leasing is expanding its fleet of electric-powered Class 8 trucks for the U.S. market, announcing Wednesday that it has added an array of electric terminal trucks from automaker Orange EV.

The vehicles are designed for short-distance moves such as trailer-handling operations in truck yards, warehousing and distribution centers, container terminals and related operations.


Penske declined to disclose the number of trucks or the value of its investment.

The move is the latest purchase of battery-powered trucks for Reading, Pennsylvania-based Penske Truck Leasing, which has also purchased electric vehicles (EVs) in the past such as the Navistar International eMV medium-duty model, Freightliner eM2 box truck, and Freightliner eCascadia semi.

The newest units are made by Orange EV, a Riverside, Missouri-based automaker that delivered its first terminal truck in 2015, and has since sold over 385 trucks for more than 120 fleets across 26 states, Canada, and the Caribbean.

The Orange units will be leased and maintained by Penske. Customers will charge the vehicles in their own yards, plugging them in while the vehicles are not in operation. According to Orange, the vast majority of customer sites can deploy its yard truck and charging solution within their existing electrical infrastructure capacity. The company has a range of chargers and charging speeds available to meet the needs of each site, with minimal setup needed.

According to Orange, the benefits of using its electric yard truck design instead of an internal combustion engine include: operating up to 24 hours on a single charge, regenerative braking with 50% shorter stopping distance, zero tailpipe emissions, digital cab architecture, and remote diagnostic capabilities.

Recent

More Stories

Just 29% of supply chain organizations are prepared to meet future readiness demands

Just 29% of supply chain organizations are prepared to meet future readiness demands

Just 29% of supply chain organizations have the competitive characteristics they’ll need for future readiness, according to a Gartner survey released Tuesday. The survey focused on how organizations are preparing for future challenges and to keep their supply chains competitive.

Gartner surveyed 579 supply chain practitioners to determine the capabilities needed to manage the “future drivers of influence” on supply chains, which include artificial intelligence (AI) achievement and the ability to navigate new trade policies. According to the survey, the five competitive characteristics are: agility, resilience, regionalization, integrated ecosystems, and integrated enterprise strategy.

Keep ReadingShow less

Featured

screen shot of returns apps on different devices

Optoro: 69% of shoppers admit to “wardrobing” fraud

With returns now a routine part of the shopping journey, technology provider Optoro says a recent survey has identified four trends influencing shopper preferences and retailer priorities.

First, 54% of retailers are looking for ways to increase their financial recovery from returns. That’s because the cost to return a purchase averages 27% of the purchase price, which erases as much as 50% of the sales margin. But consumers have their own interests in mind: 76% of shoppers admit they’ve embellished or exaggerated the return reason to avoid a fee, a 39% increase from 2023 to 204.

Keep ReadingShow less
robots carry goods through a warehouse

Fortna: rethink your distribution strategy for 2025

Facing an evolving supply chain landscape in 2025, companies are being forced to rethink their distribution strategies to cope with challenges like rising cost pressures, persistent labor shortages, and the complexities of managing SKU proliferation.

But according to the systems integrator Fortna, businesses can remain competitive if they focus on five core areas:

Keep ReadingShow less
artistic image of a building roof

BCG: tariffs would accelerate change in global trade flows

Geopolitical rivalries, alliances, and aspirations are rewiring the global economy—and the imposition of new tariffs on foreign imports by the U.S. will accelerate that process, according to an analysis by Boston Consulting Group (BCG).

Without a broad increase in tariffs, world trade in goods will keep growing at an average of 2.9% annually for the next eight years, the firm forecasts in its report, “Great Powers, Geopolitics, and the Future of Trade.” But the routes goods travel will change markedly as North America reduces its dependence on China and China builds up its links with the Global South, which is cementing its power in the global trade map.

Keep ReadingShow less
woman shopper with data

RILA shares four-point policy agenda for 2025

As 2025 continues to bring its share of market turmoil and business challenges, the Retail Industry Leaders Association (RILA) has stayed clear on its four-point policy agenda for the coming year.

That strategy is described by RILA President Brian Dodge in a document titled “2025 Retail Public Policy Agenda,” which begins by describing leading retailers as “dynamic and multifaceted businesses that begin on Main Street and stretch across the world to bring high value and affordable consumer goods to American families.”

Keep ReadingShow less