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These are tough times, but they can be good times if you need equipment. The economy is down, and the tumble of new truck sales has depressed prices of both new and used trucks. That's bad for lots of people in the industry, but a boost to anyone who's in a buying mode. "There is no better time to update fleets, if you've got the money, than right now," says Steve "Bear" Nadolson, manager of Arrow Truck Sales' branch in Columbus, Ohio, and president of the Used Truck Assn
Read More →Oshkosh Truck Corp. reported both sales and income were up for the year, despite the slowdown in the economy
Read More →The American economy is on the edge of officially being in a recession. On Wednesday the U.S. Commerce Department released news that the Gross Domestic Product through the third quarter of the year contracted at an annual rate of 0.4%
Read More →Consumer confidence has been counted on as being a key element to keep the U.S. economy from heading further south, but now it appears to be eroding, too
Read More →Trucks are "the engines of the economy," and increased security is necessary to keep them from becoming "engines of destruction." That was the message from Secretary of Transportation Norman Y. Minet
Read More →Even though the latest economic reports paint a picture of a dismal economy, there is some evidence that the full shock of the terrorist attacks to the economy was absorbed during September
Read More →The effects of a slow economy and the terrorist attacks of Sept. 11 are reflected in third-quarter financial reports of trucking companies, but many are doing better than they were earlier this year
Read More →Cummins Inc. reported after-tax profits of $3 million for third quarter 2001, down from $25 million for the same period a year ago, but not bad considering the economy
Read More →Consumer confidence in the American economy has taken a nosedive
Read More →The latest economic news still paints an uncertain picture of the nation’s economy, but Congress is getting ready to move ahead with a plan to pump things up
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