September 26, 2014 - Industry News
Summit Holdings has completed the acquisition of commercial truck and IC Bus dealership, Truck Center, Inc.
Tags: Mississippi, Truck Sales, Dealership, Mergers & Acquisitions
September 25, 2014 - Global News
A slowdown in China’s economy is likely to delay upgrades to Chinese trucking fleets according to a new report by Truck Industry Research and JSC Automotive.
Tags: Hyundai, Volvo Trucks, China, Truck Sales, Daimler Trucks
September 17, 2014 - Industry News
ACT Research published a new report that shows natural gas adoption in the heavy-duty truck market has grown, but at a slower rate than predicted.
Tags: Truck Sales, ACT Research, Natural Gas Vehicles, CNG, LNG, Alternative Fuels
August 27, 2014 - Industry News
Daimler Trucks North America marked the production of its 3 millionth vehicle in North America.
Tags: Freightliner, Truck Sales, Schneider, Daimler Trucks North America, Detroit Diesel
July 23, 2014 - Industry News
Net income hit $19.8 million, or 49 cents per diluted share, compared to $5.6 million, or 14 cents per diluted share from the same time a year ago.
Tags: Truck Sales, Rush Enterprises, Earnings
May 30, 2014 - Industry News
Navistar Financial Corp. has completed an agreement for $100 million of additional funding in what it calls a “trade receivables securitization program.”
Tags: Navistar, Truck Sales, Navistar Financial Corporation
May 27, 2014 - Industry News
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.
Tags: Truck Sales, ACT Research
May 16, 2014 - Industry News
Rebranding reflects shift in corporate strategy.
Tags: Dealers, Truck Sales
May 8, 2014 - Industry News
Navistar has completed its largest one-time sale of International LoneStar trucks to the truckload fleet Celadon Trucking Services.
Tags: LoneStar, Navistar, Truck Sales, Celadon Trucking Services
April 22, 2014 - Industry News
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.
Tags: Truck Sales, Rush Enterprises, Dealers, Earnings
March 27, 2014 - Industry News
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.
Tags: Emissions, CARB, Truck Sales, GHG, Daimler Trucks, Mid-America Trucking Show, Daimler Trucks North America
March 20, 2014 - Industry News
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.
Tags: Medium-Duty Trucks, Truck Sales, Heavy-Duty Trucks, ACT Research, Truck Orders
February 22, 2014 - Industry News
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.
Tags: Truck Sales, Mack Trucks, Product Support, OEM, Dealers, Vocational, Heavy-Duty Trucks
February 13, 2014 - Industry News
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.
Tags: Navistar, Peterbilt, Medium-Duty Trucks, Truck Sales, Heavy-Duty Trucks, Rush Enterprises, Dealers
January 31, 2014 - Industry News
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.
Tags: Kenworth, Paccar, OEM, Peterbilt, Earnings, Engines, Truck Sales
January 13, 2014 - Industry News
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.
Tags: Research, Truck Sales, Natural Gas Vehicles
December 4, 2013 - Industry News
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.
Tags: Truck Sales, ACT Research, Truck Orders
December 3, 2013 - Industry News
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.
Tags: Truck Sales, Truck Orders, FTR, Class 8
November 20, 2013 - Industry News
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.
Tags: Class 8, ACT Research, Truck Sales
November 6, 2013 - Industry News
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.
Tags: Class 8, ACT Research, FTR, Truck Sales
October 30, 2013 - Industry News
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.
Tags: Trailers, Truck Sales, CK Commercial Vehicle Research
October 22, 2013 - Industry News
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.
Tags: Class 8, Truck Sales, ACT Research
September 25, 2013 - Industry News
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.
Tags: Economy, Class 8, Trailers, Truck Sales, FTR
August 5, 2013 - Industry News
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.
Tags: Fleet Survey, Truck Sales, CK Commercial Vehicle Research
July 22, 2013 - Industry News
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.
Tags: Truck Sales, ACT Research, Dealers
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