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
UPDATED -- The parent company of truck makers Kenworth and Peterbilt reported an increase in second quarter earnings despite lower revenue, but it's in the red for the first half of the year due to a big fine.
Tags: Earnings, Paccar, Truck Sales
July 20, 2016 - Industry News
Moderating new truck production and trade-ins have avoided layoffs and a greater glut of used trucks on dealers' lots, Dennis Slagle says.
Tags: Economy, Truck Sales, Mack Trucks, Mack Granite
Volvo Trucks North America has named Jeff Lester senior vice president of sales, a newly created position within the company, effective Aug. 1.
Tags: Leadership, Truck Sales, People, Volvo Trucks North America
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 22, 2016 - Industry News
Earnings for two of the world’s largest truck makers moved lower in the first quarter, according to earnings reports issued Friday.
Tags: Volvo, Economy, Freightliner, Western Star, Truck Sales, Mack Trucks, Daimler AG, Earnings, Daimler Trucks North America, Volvo Trucks North America, Global
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 24, 2016 - Industry News
The recent reorganization of Volvo Group along brand lines should be pretty seamless to North American customers in the short term, according to executives at a briefing for reporters Wednesday, but expect advances soon in powertrain technology and tests of connected vehicle technology and platooning.
Tags: Truck Sales, Volvo Group, Truck Platooning, Predictive Analytics, Volvo Trucks North America
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 22, 2016 - Industry News
With falling fuel prices, U.S. and Canadian natural gas Class 8 truck retail sales had a slower 2015 compared to the previous year.
Tags: Truck Sales, ACT Research, Natural Gas Vehicles, CNG
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
January 12, 2016 - Industry News
Isuzu Commercial Truck of America has beaten two long-standing sales records in 2015 – one for sales of Isuzu Commercial Trucks and the other for the highest parts sales.
Tags: Medium-Duty Trucks, Truck Sales, Parts, Isuzu Commercial Truck of America
January 5, 2016 - Industry News
Daimler Trucks North America plans to lay off more than 900 people at its Freightliner plant in North Carolina, according to published reports, an action expected to be temporary as the company adjusts to expectations of a softer year for truck sales.
Tags: DTNA, Layoffs, Class 8, Truck Sales, Daimler Trucks North America, Manufacturing Plant
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
June 9, 2015 - Industry News
Kalmar Ottawa announced the sale of its 60,000th terminal tractor, a T2 model, three years after hitting the 50,000 mark.
Tags: Truck Sales, Terminal Tractors, Kalmar Ottawa
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
April 23, 2015 - Industry News
A big jump in truck sales helped push profits higher in the first quarter for the network of dealerships under the Rush Enterprises banner.
Tags: Truck Sales, Rush Enterprises, Dealers, Earnings
April 2, 2015 - Industry News
Customers who purchase a new Peterbilt truck and finance through Paccar Financial will receive updated warranty coverage going forward, the company announced.
Tags: Peterbilt, Class 8, Truck Sales, Truck Warranty, Medium-Duty Trucks, Class 5
March 27, 2015 - Industry News
The North American truck market continues to heat up, exceeding expectations, said Daimler Trucks North America head Martin Daum in a press briefing at the Mid-America Trucking Show -- and demand for the DT12 automated manual has far exceeded even Daum's optimistic goals.
Tags: Truck Sales, Daimler Trucks, Transmissions, Mid-America Trucking Show, Global, Daimler Trucks North America, Automated Manual Transmissions, MATS
March 10, 2015 - Industry News
The Hotline section of the February issue of HDT incorrectly listed the 2014 year-end U.S. truck sales.
Tags: Truck Sales, Hotline
February 12, 2015 - Industry News
One of the nation’s largest operators of commercial vehicle dealerships in North American said it set several records as it reported financial results this week.
Tags: Truck Sales, Rush Truck Centers, Rush Enterprises, Earnings
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
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