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November 12, 2014 - Industry News

Class 4 to Grow 3 Percent In 2014

Photo of NPR-XD courtesy of Isuzu.

The Class 4 truck market now dominated by low-cab forward trucks used primarily for urban delivery and landscaping jobs should grow 3 percent in 2014 and reach about 12,000 new vehicles registered for commercial use, ACT Research told Work Truck magazine.

Tags: Medium-Duty Trucks, Forecast, Cabovers, Class 4, Truck Registrations

October 31, 2014 - Industry News

Global Medium, Heavy Vehicle Sales to Nearly Double by 2035

Global sales of medium and heavy duty vehicles should reach 7.1 million by 2035 from the 4.3 million that should be sold in 2014, according to a new report from Navigant Research.

Tags: Fleet Sales, Medium-Duty Trucks, Heavy-Duty Trucks, Alternative Fuels, Navigant Research, Forecast, Global

October 29, 2014 - Industry News

U.S. Diesel Demand to Decline After 2015

Photo via Fuels Institute.

U.S. Diesel demand will peak in 2015 and decline by as much as 12.5% through 2030 according to a report by energy market research firm PIRA Energy Group.

Tags: Diesel, Oil Prices, Alternative Fuels, NATSO, Forecast

July 21, 2014 - Industry News

ATA Predicts Continued Growth for Industry, Revenues

Source: ATA U.S. Freight Transportation Forecast to 2025

Freight tonnage will grow 23.5% from 2013 to 2025 and freight revenues will jump 72%, according to the American Trucking Associations' U.S. Freight Transportation Forecast to 2025, a look at the future of freight. It predicts continued growth for both the trucking industry and freight economy overall.

Tags: ATA, American Trucking Associations, Forecast, Statistics, Freight

June 17, 2014 - Industry News

Logistics Report Predicts ‘Banner Year’

This is going to be a banner year for the logistics industry, says Rosalyn Wilson in the 25th Annual State of Logistics Report. The economy last year was not stellar and business inventories plummeted in the first period this year as a consequence of bad weather, but freight is gaining now, Wilson says in a Tuesday presentation at the National Press Club.

Tags: Economy, Forecast, Freight, Logistics, Penske

April 9, 2013 - Industry News

Energy Department Forecast Calls for Stable to Falling Fuel Prices

If a new U.S. Energy Department forecast holds true, diesel and gasoline prices during April through September should be the same as they were a year ago and will move lower into next year.

Tags: Oil Prices, Forecast, Diesel Prices, Gasoline Prices

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