Daimler Truck North America

They basically create like a battery pack that helps propel large tractor-trailer kind of units in a more efficient way and gives them more long-haul capability and those kind of things.

And so when you think about the Portland area, and if you're not familiar, Daimler Trucks has been here for a long, long time, Freightliner preceding it, and then, of course, our mayor, had his trucking company that he completely electrified.

We have a bunch of EV activity around here.

We have a bunch of clean tech activity around here.

And in the meantime, here's the big one.

Daimler to close Portland manufacturing facility, lay off 375 employees.

Daimler Trucks North American Freightliner line, right? They closed down their Portland, Oregon.

Or was that Swan Island? I think it was what they call it.

Lay off nearly 400 employees.

It's on the truck interior of the future.

And as we speak, we've got man, truck, and bus head of CMF, Cameron, and Jeff Cotner from DTNA, which is Daimler Trucks North America.

So two big names already.

Are

... as far as drivers, uh, staying off the roads to avoid those inspections.

But I also think, and we'll hear from re- from, uh, Daimler today about remarketing, but I also think trucks are getting more and more maintenance issues as people have been holding onto them longer.

So maybe this year is different in that regard.

I'm not sure.

Let's talk about used trucks.

Obviously, used trucks are an important part of every balance sheet, but they're also an important part of our industry.

And to talk about that, we have the president of Daimler Trucks Remarketing, Chris Vackebjerg.

Chris, welcome to FreightWaves Today.