Inflation, higher energy costs, supply chain disruptions, and the continuing impact of the COVID-19 pandemic on the company’s finances were cited as reasons behind the decision to slash the company workforce.

These 'S.KO COOL' reefers are installed with Schmitz’s ‘S.CU d80’ transport refrigeration units as well as its ‘TrailerConnect’ telematics hardware.

Krone has fully absorbed fleet digitalisation service provider ECR, which continues to act independently, providing its clients with digital services that optimise fleet efficiency and business processes.

‘ZF [pro]Service’ is a new aftermarket offering which combines ‘ZF Service Point’, ‘ZF [pro]Tech’ (for CVs) and ‘WABCO Service Partner’.

The joint venture facility will grow quickly over the next several years, with the aim of recycling one million metric tons of vehicle tyre material by 2030, representing a third of all end-of-life tyres in Europe. 

Following the acquisition, which is set to close shortly, SAF-Holland will be able to expand its offering of special axle systems which were not previously part of its product portfolio.

Daniela Lorenzer was appointed to the role of Chief Financial Officer in October 2023 and Maik Spindler was appointed Chief Sales Officer in January 2024.

The company says it will focus on commercialising its ‘Solar Bus Kit’, which (despite the name) is intended for trucks and trailers as well as buses.

CEO and founder, Ali Javidan, said that establishing the advisory council is “a major milestone for Range as we bring our electric trailers to the commercial trucking market”. 

Schwarzmüller cited increasing materials and energy costs, and “an unsteady market environment”, as factors which contributed to the lower sales figures in 2023.

The e-Sys is an electric energy recovery and auxiliary traction system developed exclusively by Randoncorp subsidiaries. The Mexican market, according to Suspensys, on average is 25,000 new semi-trailers per year, and is the second largest in Latin America, behind Brazil.

Recently, Librelato opened five new units in five key states of Minas Gerais, Paraná, Pernambuco, Rio Grande do Sul and Tocantins. Since 2018, when the first unit was created, Libreparts stores have grown consistently year after year.