May 30, 2014
Navistar Financial Corp. has completed an agreement for $100 million of additional funding in what it calls a “trade receivables securitization program.”
May 27, 2014
Retail sales for Classes 5 through 8 in North American posted solid gains in April according to the latest State of the Industry report, recently released by ACT Research.
May 16, 2014
Rebranding reflects shift in corporate strategy.
May 8, 2014
Navistar has completed its largest one-time sale of International LoneStar trucks to the truckload fleet Celadon Trucking Services.
April 22, 2014
The largest network of commercial truck dealers in North America saw a drop in its first quarter profit despite a 26.7% gain in its revenue.
March 27, 2014
MATS, LOUISVILLE, KY -- Truck orders at Daimler Trucks North America over the past four months are up 30% over the previous year, so the company has been gradually ramping up production and expects a strong 2014. However, the involvement of the California Air Resources Board in writing the next round of federal emissions regulations has them concerned.
March 20, 2014
New orders for Class 8 trucks in February increased 30% from the same time a year earlier while Classes 5-7 gained 18%, according to updated numbers from commercial vehicle industry data publisher ACT Research.
February 22, 2014
Dealers are “fired up” to sell trucks, with new emphasis on highway applications. And executives will "relaunch the Mack brand" at the ConExpo-ConAgg show in March.
February 13, 2014
Rush Enterprises, which operates the largest network of commercial vehicle dealerships in North America, reported record annual revenues of $3.4 billion in 2013 compared to $3.1 billion in 2012, while net profit slid to $49.2 million compared to $$62.5 million a year earlier.
January 31, 2014
Paccar, the parent to truck makers Peterbilt and Kenworth, reported record revenue of $17.12 billion in 2013 compared to revenue of $17.05 billion the year before.
January 13, 2014
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.
December 4, 2013
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.
December 3, 2013
November Class 8 truck orders totaled 20,915, the second consecutive month above the 20,000 mark, according to preliminary data from transportation forecasting firm FTR. However, the company notes that was below expectations.
November 20, 2013
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.
November 6, 2013
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.
October 30, 2013
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.
October 22, 2013
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.
September 25, 2013
INDIANAPOLIS -- As we continue to see mixed signals from the short-term economy, many are suffering from "stable environment anxiety," said Eric Starks, president of FTR Transportation Intelligence, in a commercial vehicle market update during FTR's Transportation Conference this week in Indianapolis.
August 5, 2013
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.
July 22, 2013
Although commercial vehicle orders slipped month over month in June, there was still good news to be had, with heavy-duty retail sales at a nine-month high when seasonally adjusted.
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