Equipment

Truck Sales

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May 18, 2017 - Industry News

Mack Trucks' Slagle is Bullish on Class 8 Truck Market

Mack exectives (l-r) John Walsh, Jonathan Randall, and Denny Slagle. Photo: David Cullen

The head of Mack Trucks regards the state of the heavy-duty truck market as solid. “Everyone in the industry has succeeded in bringing inventory down to safe levels,” Dennis Slagle, president of Mack Trucks and Volvo Group executive vice president, said at a May 18 media briefing.

Tags: Truck Sales, Mack Trucks

May 12, 2017 - Industry News

For-Hire Trucking Index Shows 7th Straight Positive Reading

Following a three-year high in the previous month, April’s volume grew slower, according to the latest release of ACT Research’s For-Hire Trucking Index.

Tags: Economy, Truck Sales, ACT Research

May 3, 2017 - Industry News

Class 8 Orders Climb 4% in April

Class 8 truck orders had a solid month in April, meeting expectations and beating the previous month, according to early numbers from FTR and ACT Research.

Tags: Truck Sales, ACT Research, Truck Orders, FTR, Stifel Nicolaus

April 27, 2017 - Industry News

Truck Dealership Employment Rose 5.6% in 2016

Photo: Evan Lockridge

Employment at truck dealerships hit its highest point in five years, according to a report from American Truck Dealers a division of the National Automobile Dealers Association, as dealers work to improve customer uptime and deal with ever-more-complex equipment.

Tags: ATD, NADA, Truck Sales, Dealership, Employment, Truck Dealers, Uptime

April 5, 2017 - Industry News

FTR, ACT Report Steady Growth for Class 5-8 Sales in March

Class 8 truck orders for March have beat expectations for the third month in a row, according to FTR. While relatively flat compared to last month, they're up over last year.

Tags: Truck Sales, FTR, ACT Research

March 27, 2017 - Industry News

Optimism Spurs Increased Heavy-Duty Truck Sales Predictions

Photo: Deborah Lockridge

There was a sense of optimism in the air at the Mid-America Trucking Show in Louisville, Kentucky, last week. As truck makers and suppliers made their presentations to the trucking press, many said thanks to solid economic indicators, truck orders are higher than they would have predicted just three to six months ago.

Tags: Economy, Class 8, Truck Sales, MATS

January 27, 2017 - Industry News

Volvo Trucks Cancels 500-Person Layoff at Virginia Plant

Volvo VNLs on the assembly line at the New River Valley plant. Photo: Volvo

Volvo Trucks has decided to cancel a round of layoffs at its Dublin, Va., truck manufacturing plants that would have put 500 people out of work.

Tags: Volvo Trucks, Layoffs, Truck Sales, Vehicle Manufacturing

December 13, 2016 - Industry News

Rush Truck Center CEO Predicts Mixed Year for Truck Sales

Rusty Rush talks about the importance of service during the Rush Tech Rodeo. Photo courtesy Rush.

Rush Truck Center CEO Rusty Rush said he expects to see a flat year in Class 8 over-the-road sales in 2017, but predicts that certain market segments and medium duty sales will remain strong.

Tags: Truck Sales, Rush Truck Centers, Used Trucks

October 31, 2016 - Industry News

Natural Gas Truck Sales Fall in Weak Freight Environment

U.S. and Canadian natural gas Class 8 truck sales declined over a three-month period from June to August, according to the latest quarterly report from ACT Research.

Tags: Truck Sales, ACT Research, Natural Gas Vehicles, Alternative Fuels

October 7, 2016 - Industry News

Will New GHG Emissions Prompt a Pre-Buy?

Unlike previous emissions regulations that actually cut fuel economy, new GHG regs are making trucks more fuel efficient than ever. Photo: Daimler Trucks North America

A new report says the industry will likely see a pre-emission boom in Class 8 truck sales in 2019 and 2020, before a sharp drop into 2021 — but others say this time around is different.

Tags: Class 8, Truck Sales, GHG Phase 2

October 3, 2016 - Industry News

Truck Sales Headwinds Don't Daunt Daimler Trucks North America

DTNA CEO Martin Daum talks to trucking journalists. Photo: Deborah Lockridge

LAS VEGAS — Despite a challenging truck sales environment and not hitting a few goals laid out last year, Daimler Trucks North America is still confident it can remain the industry leader in this “new normal” environment, president and CEO Martin Daum told reporters at the American Trucking Associations Management Conference & Exhibition Monday.

Tags: Daimler Trucks North America, ATA MC&E, ATA, Truck Sales

September 19, 2016 - Industry News

Ford's F-650/F-750 Sales Increase 59%

Photo courtesy of Ford.

Sales of Ford’s medium-duty F-650 and F-750 trucks have increased 59% year-over-year through August, the best year-to-date sales through August since 1997, according to Ford.

Tags: Medium-Duty Trucks, New Vehicle Sales, Ford F-650, Ford F-750, Truck Sales

August 9, 2016 - Industry News

Dealership Tool Allows Mack Buyers to Spec for Fuel Efficiency

Image courtesy of Mack Trucks

Mack Trucks has created a new online fuel economy tool that allows Mack customers to configure Pinnacle trucks and evaluate fuel efficiency potential on specific routes.

Tags: Fuel Efficiency, Truck Sales, Mack Trucks, Dealers

July 26, 2016 - Industry News

Earnings Watch: Hub, C.H. Robinson, Wabash National, Rush Enterprises

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 26, 2016 - Industry News

Paccar Profits Up Despite Slower Truck Sales

UPDATED -- The parent company of truck makers Kenworth and Peterbilt reported an increase in second quarter earnings despite lower revenue, but it's in the red for the first half of the year due to a big fine.

Tags: Earnings, Paccar, Truck Sales

July 20, 2016 - Industry News

Mack Weathering Sales ‘Correction’ Well, President Says

Photo: Mack Trucks

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

July 20, 2016 - Industry News

Volvo Trucks North America Names SVP of Sales

Jeff Lester Photo: Volvo Trucks North America

Volvo Trucks North America has named Jeff Lester senior vice president of sales, a newly created position within the company, effective Aug. 1.

Tags: Volvo Trucks, Leadership, Truck Sales, People

April 22, 2016 - Industry News

Earnings Watch: Daimler, Volvo Profits Lower Amid Slower Truck Sales

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, Volvo Trucks, Freightliner, Western Star, Truck Sales, Mack Trucks, Daimler, Earnings, Daimler Trucks North America, Global

April 21, 2016 - Industry News

Earnings Watch: Lower Truck Sales Hit Dana, Rush Enterprises' Profits

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

February 24, 2016 - Industry News

Volvo Trucks Moves Forward With Focus on Brand, Uptime, Technology

Goran Nyberg talks to reporters at a roundable Wednesday morning in Washington, D.C. Photo: Deborah Lockridge

The recent reorganization of Volvo Group along brand lines should be pretty seamless to North American customers in the short term, according to executives at a briefing for reporters Wednesday, but expect advances soon in powertrain technology and tests of connected vehicle technology and platooning.

Tags: Volvo Trucks, Truck Sales, Volvo Group, Truck Platooning, Predictive Analytics

February 10, 2016 - Industry News

Earnings Watch: Forward Air, Rush Enterprises

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

January 22, 2016 - Industry News

Fuel Price Drop Causes Natural Gas Truck Sales to Slip

Gold Standard Transportation converted its OTR trucks to CNG. Photo courtesy of McNeilus Truck & Manufacturing.

With falling fuel prices, U.S. and Canadian natural gas Class 8 truck retail sales had a slower 2015 compared to the previous year.

Tags: Truck Sales, ACT Research, Natural Gas Vehicles, CNG

January 13, 2016 - Industry News

Class 8 Truck Supply Outstrips Demand in December

The supply of Class 8 trucks has continued to rise faster than demand, according to the ACT For-Hire Trucking Index.

Tags: Truck Sales, Freight, Freight Capacity, Freight Index

January 12, 2016 - Industry News

Isuzu Beats Commercial Truck Sales Record in 2015

Photo: Isuzu Commercial Truck of America

Isuzu Commercial Truck of America has beaten two long-standing sales records in 2015 – one for sales of Isuzu Commercial Trucks and the other for the highest parts sales.

Tags: Isuzu, Medium-Duty Trucks, Truck Sales, Parts

January 5, 2016 - Industry News

Daimler Announces Cuts at North Carolina Truck Plant

Photo: DTNA

Daimler Trucks North America plans to lay off more than 900 people at its Freightliner plant in North Carolina, according to published reports, an action expected to be temporary as the company adjusts to expectations of a softer year for truck sales.

Tags: DTNA, Layoffs, Class 8, Truck Sales, Daimler Trucks North America, Manufacturing Plant

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