November 17, 2016 - Industry News
Third-quarter financial reports from fleets and equipment makers continue to reflect a tepid freight environment.
Tags: Patriot Transportation, Cummins, Cummins Westport, Westport, Fleet Earnings, Quarterly Earnings, Economy, Radiant Logistics
July 26, 2016 - Industry News
The second quarter earnings season continued on Tuesday with companies ranging from a fleet and 3PL to a trailer maker and mega-dealer, with all but one reporting higher earnings than the same time last year.
Tags: Economy, Truck Sales, 3PL, Rush Enterprises, Earnings, Wabash National, C.H. Robinson, Hub Group, Fleet Earnings
July 21, 2016 - Industry News
Car and truck maker Daimler AG reported a slight increase in its second quarter profit, but it expects significantly lower truck sales for this year. Meanwhile, one supplier is feeling the effects of the slowing North American commercial vehicle market.
Tags: Economy, Detroit Diesel, Freightliner, Western Star, Daimler Trucks, Daimler AG, Dana Holding Corp., Earnings, Daimler Trucks North America
July 20, 2016 - Industry News
Moderating new truck production and trade-ins have avoided layoffs and a greater glut of used trucks on dealers' lots, Dennis Slagle says.
Tags: Economy, Truck Sales, Mack Trucks, Mack Granite
July 19, 2016 - Industry News
The Swedish parent to truck brands Volvo, Mack and others reported its second quarter profit slid from a year ago due to lower sales in many parts of the world and has downwardly revised its expectations in North America.
Tags: Volvo, Economy, Volvo Trucks, Earnings, European Union, Volvo Trucks North America, Global
June 24, 2016 - Industry News
Trailer orders fell nearly 14% month over month in May, coming close to earlier projections for a seasonal slowdown.
Tags: Economy, Trailers, ACT Research, Freight, Trailer Orders
June 6, 2016 - Industry News
DTNA has announced a workforce reduction across its North American production facilities, laying off about 1,240 workers in response to sustained reductions in truck orders.
Tags: Economy, Layoffs, Truck Orders, Daimler Trucks North America
May 3, 2016 - Industry News
Lower North American truck sales led to lower financials compared to a year ago for two Indiana-based companies.
Tags: Economy, Cummins, Accuride, Earnings
April 27, 2016 - Industry News
Setting new records in a variety of different categories allowed trailer manufacturer Wabash National Corp. to report more than doubled first quarter profit over a year ago.
Tags: Economy, Trailers, Earnings, Wabash National
April 22, 2016 - Industry News
Earnings for two of the world’s largest truck makers moved lower in the first quarter, according to earnings reports issued Friday.
Tags: Volvo, Economy, Freightliner, Western Star, Truck Sales, Mack Trucks, Daimler AG, Earnings, Daimler Trucks North America, Volvo Trucks North America, Global
April 21, 2016 - Industry News
A truck component manufacturer and one of the nation’s largest truck dealer networks continue the trend of many businesses reporting lower first quarter earnings as truck sales are down from a year ago.
Tags: Economy, Truck Sales, Aftermarket, Dana Holding Corp., Rush Enterprises, Dana Spicer
March 8, 2016 - Industry News
Truck and engine manufacturer Navistar International Corp. on Tuesday surprised many analysts with its announcement that it narrowed its losses more than expected during its most recent fiscal quarter.
Tags: Economy, Navistar, International Trucks, Earnings
February 18, 2016 - Industry News
Dana Holding Corp. moved from a profit to a loss in the fourth quarter of last year, as sales turned lower and it felt the effects of a strong U.S. dollar on overseas operations.
Tags: Economy, Dana Holding Corp., Quarterly Earnings
February 10, 2016 - Industry News
A record-setting fourth quarter for trucking company Forward Air Corp. has it looking forward to a banner 2016, while Rush Enterprises is cost-cutting to compensate for the low truck sales in the energy sector in 2015.
Tags: Economy, Equipment, Truck Sales, Rush Truck Centers, Rush Enterprises, Forward Air, Fleet Earnings
February 5, 2016 - Industry News
The parent company to Volvo, Mack and other truck brands is back in the black, according to earnings reports released Friday, but it plans to cut U.S. production as it nears the end of a four-year cost cutting plan.
Tags: Economy, Volvo Trucks, Quarterly Earnings, Global
February 4, 2016 - Industry News
Profit for engine maker Cummins fell sharply in the final quarter of last year due to lower global demand, leading it to scale down plans for its new light-duty engines in North America, while Daimler AG saw record profits for 2015,
Tags: Economy, Cummins, Daimler AG, Earnings, Daimler Trucks North America, Global
February 3, 2016 - Industry News
Earnings season continues this week and with it are the first numbers from major trucking suppliers, such as Meritor, Eaton and Wabash National, in addition to those from trucking operations ArcBest and C.H. Robinson.
Tags: Economy, Eaton, Meritor, Eaton Corp., ABF, Wabash National, C.H. Robinson, ArcBest Corp., Fleet Earnings
November 2, 2015 - Industry News
As many as 76% of fleets expect their upcoming heavy-duty truck orders to match what was purchased in 2015, with a few fleets planning an increase.
Tags: Economy, Survey, Truck Orders, Trailer Orders
October 27, 2015 - Industry News
A major OEM announced it is cutting its workforce even though it’s still well in the black as it released third quarter earnings this week while a truck and engine maker reported continued higher numbers.
Tags: Economy, Kenworth, Cummins, PACCAR, Peterbilt, Earnings, Paccar Financial
October 1, 2015 - Industry News
After a strong end to 2014 and early 2015, the truck market has softened. With several unknown factors like regulations and fluctuating economic conditions, it looks like this trend may continue for a while.
Tags: Economy, Regulations, ACT Research, Truck Orders
August 26, 2015 - Industry News
In a wide-ranging discussion with trucking journalists at its headquarters Tuesday, Kenworth executives shared their insights on topics ranging from autonomous trucks to the safety of the industry.
Tags: Economy, Kenworth, Truck Platooning, Autonomous Vehicles, Vertical Integration
July 29, 2015 - Industry News
Wabash's second quarter earnings showed a big leap in profitability from a year ago. Meritor results were hampered by a strong dollar and weak overseas markets but were up on an adjusted basis.
Tags: Economy, Trailers, Earnings, Wabash National, Meritor
July 27, 2015 - Industry News
Truck component manufacturer Accuride achieved record profitability in the second quarter of the year and a big improvement from the first quarter.
Tags: Economy, Accuride, Earnings, Wheels
July 19, 2015 - Industry News
The parent to Volvo Trucks North America, Sweden’s Volvo Group, saw its second quarter net income double from a year ago, due in part to increased North American sales.
Tags: Economy, Volvo Trucks, Earnings, Volvo Group
March 6, 2015 - Industry News
Class 8, the largest single segment, last year accounted for 271,000 units. 2010 was even stronger, with 320,000 Class 8 transactions.
Tags: Economy, Used Vehicle Sales, Used Truck Sales
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