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Truck Sales

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April 22, 2016 - Industry News

Earnings Watch: Daimler, Volvo Profits Lower Amid Slower Truck Sales

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

Earnings Watch: Lower Truck Sales Hit Dana, Rush Enterprises' Profits

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

Volvo Trucks Moves Forward With Focus on Brand, Uptime, Technology

Goran Nyberg talks to reporters at a roundable Wednesday morning in Washington, D.C. Photo: Deborah Lockridge

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

FTR Conference: Class 8 Sales Declining, Mediums, Trailers Still Good

Sales of new heavy duty power units began moderating toward the end of 2015, as buyers adjusted orders placed during “better times.”

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

Earnings Watch: Forward Air, Rush Enterprises

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

Fuel Price Drop Causes Natural Gas Truck Sales to Slip

Gold Standard Transportation converted its OTR trucks to CNG. Photo courtesy of McNeilus Truck & Manufacturing.

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

Class 8 Truck Supply Outstrips Demand in December

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 Beats Commercial Truck Sales Record in 2015

Photo: Isuzu Commercial Truck of America

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 Announces Cuts at North Carolina Truck Plant

Photo: DTNA

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

Truck Orders 'Unimpressive' in October

Photo: Yokohama Tire

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

Arrow CEO: Used Truck Supplies Growing, Will Demand Absorb Them?

Used trucks come on the market three to five years after they’re sold new. Many 2012-model trucks were sold in 2011, and they’ve begun hitting used-truck lots, strengthening supply. Chart: Arrow Truck Sales

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 Sells 60,000th Terminal Tractor

The Kalmar Ottawa T2 Terminal Tractor Photo via Kalmar Ottawa

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

Volatile Cab Chassis Sales Outpacing Year Ago Level

Chart courtesy of NTEA.

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, Mexico, Canada

April 23, 2015 - Industry News

Increased Truck Sales Push Rush Profit Higher

Rush says its aftermarket activity in the energy sector remained steady this quarter, but activity has started to decrease slightly. Photo: Rush Enterprises

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

Peterbilt, Paccar Offer New Truck Warranties

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

Daimler Trucks Predicting Another Banner Year

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

CORRECTION: Year-End U.S. Retail Truck Sales

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

Rush Enterprises Sets Revenue, Profit Records

Photo: Rush Enterprises

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 Hits Record Market Share in Combined Canada & U.S. Sales

Photo: Volvo Trucks

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 Celebrates Millionth Truck Delivery

From left are TransAm Trucking’s Murray Droescher (chief financial officer) and Russ McElliott (president); Gary Moore, Kenworth general manager and PACCAR vice president; and Preston Feight, Kenworth assistant general manager for sales and marketing: Photo via Kenworth.

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

November Class 5-7 Orders Fall Sharply

Photo courtesy of Navistar.

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

October 23, 2014 - Industry News

Rush Enterprises Reports Record Profit, Revenue

Photo: Rush Enterprises

Commercial truck dealership chain Rush Enterprises had net income totaling $23.5 million in the third quarter, compared with $15.2 million a year ago, as Class 8 truck sales outpaced national numbers.

Tags: Medium-Duty Trucks, Truck Sales, Heavy-Duty Trucks, Aftermarket, Rush Enterprises, Dealers

October 6, 2014 - Industry News

Daimler Bullish on North American Truck Market

Martin Daum, DTNA president and CEO

SAN DIEGO – Daimler Trucks North America expects steady growth in truck sales over the next couple of years, projecting this year will end up with 374,000 Class 6-8 units sold in North America and 411,000 for 2015 – and it's getting ready to ramp up its production to accommodate.

Tags: Class 8, Truck Sales, Transmissions, Daimler Trucks North America, Automated Manual Transmissions, ATA MC&E

September 30, 2014 - Industry News

Used Class 8 Sales Slow Down in August

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: Class 8, ACT Research, Used Vehicle Sales, Used Truck Sales, Research, Truck Sales

September 26, 2014 - Industry News

TEC Equipment Opens New Facility in Central California

Photo via TEC.

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

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