Phrases such a “challenging freight market” and a freight environment that’s “less attractive” continued to be some of the buzz words Wednesday as another raft of second quarter corporate earnings washed ashore, while one company defied the trend with its net income soaring more than 300%.
Mercedes-Benz will shift production of vans it sells in the U.S. and Canada to North Charleston, S.C., by the end of the decade with a plant that nearly triples its existing manufacturing footprint.
Isuzu Commercial Truck of America has opened a new complex that it is calling the Center of Excellence, comprised of a parts distribution center, training and technical assistance facility.
Chevrolet’s new Low Cab Forward trucks are now shipping to Chevrolet dealers across the country, marking Chevrolet’s return to the medium-duty market.
China has taken a key step toward developing an international economic corridor for trade with the European Union and the rest of the world with the ratification of the United Nations TIR Convention.
Same-dealer sales volumes of Used Class 8 trucks recovered in June, posting a double digit month-over-month increase following a sharp decline in May.
National average spot freight rates for dry vans and reefers each slipped slightly over the past week while the average flatbed rate made a small gain for the third consecutive week, according to new figures from DAT Solutions, based on its network of load boards.
While new orders for manufactured durable goods plunged in June, a closely watched economic indicator shows a gain for the first time in three months, as a separate report shows a big hike in new home sales and another is calling for even better retail sales.
Mercedes-Benz Vans is introducing a turnkey “ship-thru” upfitting program for its Metris mid-size van and for Mercedes-Benz and Freightliner full-size Sprinter vans. The OEM is also rolling out a value-priced Metris Worker model, as well as expanding its Worker lineup for the Sprinter.
The change to high-volume F-150 cabins cuts costs and weight, and adds interior room for SuperCab and SuperCrew buyers.
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.
Money is lending credibility to a new crop of Uber-like trucking startups, with two large investment firms recently spending millions of dollars to fund the startups Transfix and CargoX.
Work Truck Solutions has partnered with The Reading Group to provide up-to-date bailment pool inventory online.
The Commercial Vehicle Safety Alliance held its annual, unannounced brake check day on May 4, inspecting 6,128 vehicles in the U.S. and Canada.
American Trucking Associations’ Technology & Maintenance Council has added a new competition track for trailer technicians at its TMCSuperTech 2016 National Technician Skills Competition.
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