October 7, 2016 - Industry News
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
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
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, Daimler Trucks North America, Medium-Duty Trucks
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
February 16, 2016 - Industry News
Technology will boost productivity and truck utilization to where demand for equipment will greatly decline, one researcher says.
Tags: telematics, Technology, Truck Sales, FTR Associates, Connected Vehicle Technology, Used Truck Sales
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
January 13, 2016 - Industry News
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
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
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
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 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 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
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
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 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
Summit Holdings has completed the acquisition of commercial truck and IC Bus dealership, Truck Center, Inc.
Tags: Mississippi, Truck Sales, Dealership, Mergers & Acquisitions
September 25, 2014 - Global News
A slowdown in China’s economy is likely to delay upgrades to Chinese trucking fleets according to a new report by Truck Industry Research and JSC Automotive.
Tags: Hyundai, Volvo Trucks, China, Truck Sales, Daimler Trucks
May 8, 2014 - Industry News
Navistar has completed its largest one-time sale of International LoneStar trucks to the truckload fleet Celadon Trucking Services.
Tags: LoneStar, Navistar, Truck Sales, Celadon Trucking Services
January 13, 2014 - Industry News
Driven by the lower cost of natural gas and the lower emissions from natural gas engines, compared to diesel fuel, operators of truck and bus fleets are increasingly shifting to natural gas vehicles and a new study quantifies by just how much.
Tags: Research, Truck Sales, Natural Gas Vehicles
December 4, 2013 - Industry News
November North American Class 5 through 7 net truck orders are expected to total 18,000 while Class 8 orders are expected at 21,200 units, when actual data are released mid-month, according to commercial vehicle data analysts at ACT Research.
Tags: Truck Sales, ACT Research, Truck Orders
November 20, 2013 - Industry News
As expected from the preliminary report, Classes 5-8 orders were strong in October. This updated status of the North America commercial vehicle market was included in the State of the Industry report, recently released by ACT Research Co.
Tags: Class 8, ACT Research, Truck Sales
November 6, 2013 - Industry News
FTR and ACT Research released preliminary data showing October Class 8 net orders were up for October. FTR reported that Class 8 preliminary orders rose 39% from September to 25,960 units.
Tags: Class 8, ACT Research, FTR, Truck Sales
October 30, 2013 - Industry News
As fleets continue to adapt to recent changes in hours of service regulations and face increasing challenges in finding drivers and technicians, nevertheless a new survey indicates they will be buying more trucks in 2014.
Tags: Trailers, Truck Sales, CK Commercial Vehicle Research
October 22, 2013 - Industry News
September is typically the second weakest order month of the year for Class 8, so modest activity was expected, reports ACT Research. Class 8 net orders were 19,018 units, and there also was a spike in cancellations.
Tags: Class 8, Truck Sales, ACT Research
August 5, 2013 - Industry News
Sixty-five percent of the fleet executives that responded to the Q3 2013 Fleet Sentiment survey conducted by CK Commercial Vehicle Research in late July indicated they planned to place orders for Class 8 trucks in the next three months. This is an increase from the 53% that responded affirmatively during the Q2 survey in April.
Tags: fleet survey, Truck Sales, CK Commercial Vehicle Research
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