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Daimler Trucks North America company logo
AUTOMOTIVE & TRANSPORTATION | Automobile Manufacturing
daimler-trucksnorthamerica.com

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Investments

1

Partners & Customers

10

About Daimler Trucks North America

Daimler Trucks North America, headquartered in Oregon, is a truck manufacturer, producing and marketing commercial vehicles under the Freightliner, Western Star, and Thomas Built Buses nameplates. Daimler Trucks North America is a Daimler company, the world's leading commercial vehicle manufacturer.

Daimler Trucks North America Headquarter Location

4555 North Channel Avenue

Portland, Oregon, 97217,

United States

+1 503 745 8000

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Daimler Trucks North America Web Traffic

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Latest Daimler Trucks North America News

U.K. Freight Train Firm Turns to Diesel as Electricity Soars

Oct 14, 2021

11:23 PM IST, 14 Oct 2021 10:13 PM IST, 14 Oct 2021 11:23 PM IST, 14 Oct 2021 Save (Bloomberg) -- A U.K. rail freight operator said it’s turning back to diesel-operated trains because electricity costs have gotten too expensive, another small example of the wide-ranging effects of the global energy crisis. (Bloomberg) -- A U.K. rail freight operator said it’s turning back to diesel-operated trains because electricity costs have gotten too expensive, another small example of the wide-ranging effects of the global energy crisis. Unprecedented electricity prices forced Freightliner to make the temporary move “to maintain a cost-effective option for transporting vital goods and supplies across the U.K.” the unit of Genesee and Wyoming Inc., said in a statement. The U.K. is in the grip of an energy crisis that’s also hurting economies across Europe and Asia. Gas is trading at the equivalent of almost $200 in barrel terms in the U.K., driving a 268% surge in power prices this year. By contrast, Europe’s benchmark diesel price appears cheap, reaching a three-year high of $98 a barrel. The soaring natural gas price has fueled expectations that industries and power companies will look toward alternative fuels. Most oil analysts are expecting about 500,000 barrels a day of additional demand for crude and refined fuels globally, although some are saying the spillover effect could be significantly larger. Most of Freightliner’s services that were previously electrically hauled have already been temporarily switched to diesel. Some of the Anglo-Scottish flows remain electrically-hauled for the time-being, but the company is working to switch those to diesel too. Of the company’s “active” fleet of 162 locomotives, 23 are electric, Freightliner said. ©2021 Bloomberg L.P.

Daimler Trucks North America Investments

1 Investments

Daimler Trucks North America has made 1 investments. Their latest investment was in High Definition Vehicle Insurance as part of their Series B on August 8, 2021.

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Daimler Trucks North America Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

8/19/2021

Series B

High Definition Vehicle Insurance

$32.5M

Yes

5

Date

8/19/2021

Round

Series B

Company

High Definition Vehicle Insurance

Amount

$32.5M

New?

Yes

Co-Investors

Sources

5

Daimler Trucks North America Acquisitions

1 Acquisition

Daimler Trucks North America acquired 1 company. Their latest acquisition was Thomas Built Buses on October 06, 1998.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/6/1998

Acq - Fin

Acquired

1

Date

10/6/1998

Investment Stage

Acq - Fin

Companies

Valuation

Total Funding

Note

Acquired

Sources

1

Daimler Trucks North America Partners & Customers

10 Partners and customers

Daimler Trucks North America has 10 strategic partners and customers. Daimler Trucks North America recently partnered with American Center for Mobility on October 10, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

10/4/2021

Partner

American Center for Mobility

United States

DTNA, ACM Announce Collaboration

The partnership agreement between DTNA and ACM represents the first collaboration by ACM with a manufacturer of medium - and heavy-duty commercial vehicles and formalizes a long-standing relationship between ACM and DTNA , whose Detroit brand has used the center for multiple years to demonstrate its technologies for customers and distributors .

1

8/2/2021

Partner

Decisiv

United States

Daimler Trucks North America Partners with Decisiv

`` Our partnership with Decisiv Inc. will further enhance our Uptime by reducing the time to write up repair estimates , enabling instant approvals , verifying real-time parts availability , and providing consistent labor hours utilizing standard repair times , '' said Paul Romanaggi , chief customer experience officer at Daimler Trucks North America .

1

5/5/2021

Partner

XPO Logistics

United States

XPO Pilots Battery-Electric Truck

XPO Logistics , Inc. , a leading global provider of transportation and logistics solutions , has partnered with Daimler Trucks North America LLC to test Daimler Trucks North America LLC 's battery-electric commercial trucks under real-life operating conditions in California .

2

12/1/2020

Partner

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10

11/12/2020

Partner

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10

Date

10/4/2021

8/2/2021

5/5/2021

12/1/2020

11/12/2020

Type

Partner

Partner

Partner

Partner

Partner

Business Partner

American Center for Mobility

Decisiv

XPO Logistics

Country

United States

United States

United States

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News Snippet

DTNA, ACM Announce Collaboration

The partnership agreement between DTNA and ACM represents the first collaboration by ACM with a manufacturer of medium - and heavy-duty commercial vehicles and formalizes a long-standing relationship between ACM and DTNA , whose Detroit brand has used the center for multiple years to demonstrate its technologies for customers and distributors .

Daimler Trucks North America Partners with Decisiv

`` Our partnership with Decisiv Inc. will further enhance our Uptime by reducing the time to write up repair estimates , enabling instant approvals , verifying real-time parts availability , and providing consistent labor hours utilizing standard repair times , '' said Paul Romanaggi , chief customer experience officer at Daimler Trucks North America .

XPO Pilots Battery-Electric Truck

XPO Logistics , Inc. , a leading global provider of transportation and logistics solutions , has partnered with Daimler Trucks North America LLC to test Daimler Trucks North America LLC 's battery-electric commercial trucks under real-life operating conditions in California .

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Sources

1

1

2

10

10

Daimler Trucks North America Team

13 Team Members

Daimler Trucks North America has 13 team members, including current Chief Executive Officer, President, Roger Nielsen.

Name

Work History

Title

Status

Roger Nielsen

Chief Executive Officer, President

Current

Beate Orgas

Chief Executive Officer

Current

Brian Lewallen

Detroit Diesel Corporation

President

Current

Scott McAllister

President

Current

Oliver Weilandt

Chief Financial Officer

Current

Name

Roger Nielsen

Beate Orgas

Brian Lewallen

Scott McAllister

Oliver Weilandt

Work History

Detroit Diesel Corporation

Title

Chief Executive Officer, President

Chief Executive Officer

President

President

Chief Financial Officer

Status

Current

Current

Current

Current

Current

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