Fleet Management

Truck Sales

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September 25, 2017 - Industry News

Volvo Trucks Sees One Strong Year Leading into Another

Göran Nyberg speaking at NACV show. Photo: Evan Lockridge

Alluding to Volvo’s rollout of not one but two new trucks in the past few month, Volvo Trucks North America President Göran Nyberg declared “it’s a great year to introduce a new truck.”

Tags: Truck Sales, Volvo Trucks North America

July 24, 2017 - Industry News

Kenworth: Vocational Truck Market to Stay Strong Through End of 2017

Photo:Jim Park.

The first half of 2017 has been good to the trucking industry, and to the vocational market in particular, according to Kenworth. And going into the second half of the year, the OEM sees the underlying economic fundamentals as equally promising.

Tags: Kenworth, Truck Sales, Truck Orders, Vocational Trucks

July 13, 2017 - Industry News

Volvo Issues Upbeat Truck Forecast Heading into Fall

Volvo executives (left to right) John Mies, Rikard Orell, Jason Spence, Magnus Koeck and Göran Nyberg celebrate the launch of the new VNL tractor in New River, VA, on July 12, 2017. Photo: Jack Roberts

Citing positive North American market trends, Volvo is predicting a Class 8 market of approximately 215,000 units by year's end.

Tags: Volvo Trucks, Truck Sales, Fuel Economy, Aerodynamics, Safety, Volvo VNL

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 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 21, 2017 - Industry News

Natural Gas Truck Sales Facing Headwinds

The natural gas truck market had a strong start to 2017 but it faces increased competition from traditional fuels, electric, and hybrid-electric options.

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

March 28, 2017 - Industry News

Used Truck Sales See Bump Compared to 2016

Used Class 8 truck sales volumes in February were higher overall than in 2016 and they improved for a second consecutive month, according to an ACT Research Report.

Tags: Truck Sales, ACT Research, Used Trucks, Used Truck Sales

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

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

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

May 20, 2016 - Industry News

Daimler Sees NAFTA Class 6-8 Market Dropping 15%

Wolfgang Bernhard, speaking at a Daimler Trucks media event held earlier this year in Germany,

The parent company of Freightliner and Western Star said it now forecasts that the overall North American market for Class 6 to 8 trucks will “contract by approximately 15% in 2016.”

Tags: Truck Sales, Daimler Trucks North America, Medium-Duty Trucks

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 16, 2016 - Industry News

FTR Conference: Class 8 Sales Declining, Mediums, Trailers Still Good

Sales of new heavy duty power units began moderating toward the end of 2015, as buyers adjusted orders placed during “better times.”

Technology will boost productivity and truck utilization to where demand for equipment will greatly decline, one researcher says.

Tags: Telematics, Technology, Truck Sales, Connected Vehicle Technology, FTR, Used Truck Sales

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 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

November 18, 2015 - Industry News

Truck Orders 'Unimpressive' in October

Photo: Yokohama Tire

Net order activity in October for new Class 8 and Class 5-7 trucks reflects the continuing slowdown in market activity, according to ACT Research Co.

Tags: Truck Sales, ACT Research, Truck Orders, Medium-Duty Trucks

November 12, 2015 - Industry News

Arrow CEO: Used Truck Supplies Growing, Will Demand Absorb Them?

Used trucks come on the market three to five years after they’re sold new. Many 2012-model trucks were sold in 2011, and they’ve begun hitting used-truck lots, strengthening supply. Chart: Arrow Truck Sales

The 2012-model trucks sold in 2011, a good year, should push down prices as freight tonnage and demand now seems to be softening slightly.

Tags: Used Trucks, Truck Sales, Class 8

May 18, 2015 - Industry News

Volatile Cab Chassis Sales Outpacing Year Ago Level

Chart courtesy of NTEA.

Sales and shipments of cutaways, low cab-over-engine and strip chassis trucks moved higher in the first two months of 2015 compared to a year ago, yet 2015 should be as volatile as 2014, according to the NTEA.

Tags: NTEA, Vehicle Purchasing, Truck Sales, Cabovers, Chassis Cab Trucks, Canada, Mexico

January 20, 2015 - Industry News

Volvo Hits Record Market Share in Combined Canada & U.S. Sales

Photo: Volvo Trucks

Volvo Trucks reached a market share of 15.3% of the Canadian heavy-duty retail market, a record for the manufacturer. It also saw an all-time high market share in combined U.S. and Canadian sales.

Tags: Canada, Volvo Trucks, Truck Sales

December 24, 2014 - Industry News

Kenworth Celebrates Millionth Truck Delivery

From left are TransAm Trucking’s Murray Droescher (chief financial officer) and Russ McElliott (president); Gary Moore, Kenworth general manager and PACCAR vice president; and Preston Feight, Kenworth assistant general manager for sales and marketing: Photo via Kenworth.

Kenworth celebrated the delivery of its one millionth truck to TransAm Trucking of Lathe, Kan. The 91 year-old company held a ceremony to celebrate the milestone at the Kenworth assembly plant in Chillicothe, Ohio.

Tags: Kenworth, Truck Sales, Kenworth T680

December 5, 2014 - Industry News

November Class 5-7 Orders Fall Sharply

Photo courtesy of Navistar.

Net orders for Class 5-7 trucks in November fell 4 percent compared to October net orders, according to ACT Research.

Tags: Medium-Duty Trucks, Truck Sales, ACT Research, Truck Orders

September 30, 2014 - Industry News

Used Class 8 Sales Slow Down in August

Sales for used Class 8 trucks fell by 10% in August compared with the previous month and 6% compared to last year according to a report by ACT Research.

Tags: ACT Research, Used Vehicle Sales, Used Truck Sales, Class 8, Research, Truck Sales

September 26, 2014 - Industry News

TEC Equipment Opens New Facility in Central California

Photo via TEC.

TEC Equipment opened a new 47,000 square foot, full-service truck dealership in Lathrop, Calif., a city in San Joaquin County.

Tags: California, Truck Sales, TEC Equipment, Dealers

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