May 03, 2016 11:29 AM ET

Machinery

Company Overview of Daimler Trucks North America LLC

Company Overview

Daimler Trucks North America LLC designs, manufactures, sells, and services heavy-duty trucks, medium-duty trucks, and specialized commercial vehicles in North America and internationally. Its products include heavy- and medium-duty commercial vehicles for long-haul transport, local and regional distribution, and construction and services; school buses; chassis for delivery vans, recreational vehicles, and shuttle buses; heavy- and medium-duty diesel engines; and mechanical transmissions, and drive and steering axles. The company also provides used trucks through a network of retail locations in the United States and Canada. Daimler Trucks North America LLC has strategic partnerships with Da...

4747 Channel Avenue

Portland, OR 97217

United States

Founded in 1940

Phone:

503-745-8000

Fax:

503-745-8921

Key Executives for Daimler Trucks North America LLC

Chief Executive Officer and President
Age: 55
Chief Financial Officer
Chief Operating Officer
Chief Diversity Officer and President of Western Star Trucks
Head of Daimler Trucks Asia, Head of Finance & Controlling Business and Product Planning - Daimler Trucks & Buses
Age: 58
Compensation as of Fiscal Year 2015.

Daimler Trucks North America LLC Key Developments

Daimler Trucks to Invest EUR 500 Million in Developing Its Technology and Capabilities Regarding Connectivity and Integrated Freight Systems

Daimler Trucks will invest EUR 500 million (USD 563.2 million) in developing its technology and capabilities regarding connectivity and integrated freight systems. Daimler already has 365,000 of its trucks on the roads fitted with its existing connectivity systems, FleetBoard and Detroit Connect, which are aimed at optimising logistics and operational efficiency of the trucks in question. The EUR 500 million will be spent over the next five years to develop and add new services to Daimler's existing telematics and connectivity networks, while also making these technologies available to third parties. Daimler is also beginning demonstration and trials of its truck platooning system, with a trial of three connected trucks on the A52 autobahn near Dusseldorf which occurred earlier in the weeks. The system is based on an interlinked version of the Daimler Trucks Highway Pilot system for autonomously driving heavy trucks which was first showcased on the future Truck 2025 vehicle which debuted in 2014. Other elements to Daimler Trucks investment to connectivity include establishing the new Digital Solutions & Services unit will integrate all activities related to the connected Mercedes-Benz truck from 1 April while the unit has also taken a strategic shareholding in the US telematics and software company Zonar Systems.

Daimler Trucks North America LLC Opens New Parts Distribution Center in Dallas, Texas

Daimler Trucks North America LLC through its associated brands Freightliner, Western Star, Detroit, Thomas Built Buses, Freightliner Custom Chassis and Alliance Truck Parts, has announced the opening of a new parts distribution center (PDC) in Dallas, Texas. This new facility is a major step in a multifaceted plan to improve parts availability and meet customer expectations of uptime. The 275,000 square foot facility is a critical strategic component that will allow customers to receive stock and mission critical parts in record time.

Daimler Trucks North America Appoints Kary Schaefer as General Manager, Marketing & Strategy

Daimler Trucks North America (DTNA) announced that Kary Schaefer has been appointed general manager, marketing & strategy, and she will be based in Portland OR. Schaefer, whose most recent position at DTNA was general manager of the Enhanced Platform program for vocational products, also will continue to manage that initiative.

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Recent Private Companies Transactions

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Date
Target
Merger/Acquisition
June 25, 2015
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