Navistar, manufacturer of International Trucks, has signed a supply agreement with a leading composite materials manufacturer.
The deal with TPI Composites will see the truck manufacturer source lighter-weight components such as body panels and frame rails for use in its heavy-duty trucks.
Weight savings equate to better fuel economy, subsequently reducing operating costs, while lower vehicle weights also provide the opportunity for operators to shift heavier loads.
The deal between Navistar and TPI was confirmed in report by investment firm Zacks.
The report saying that both Navistar and TPI are seeking to reduce the weight of a Class 8 tractor (prime-mover in Australia) by approximately 30% in order to improve freight efficiency.
They also hope to reduce the number of body parts required on the vehicle and extend vehicle life with the use of non-corrosive materials.
There was no word on exactly when the composite material supply deal will commence and when we will start seeing the components on trucks either in the U.S. or Australia.
We will keep you updated as further details come to hand and you can stay up to date with all the latest International Trucks News right here at heavyvehicles.com.au.