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FTR Associates has released preliminary data showing January Class 8 truck net orders at 22,235, 7% higher than December but down 11% year-over-year. Orders for Class 8 vehicles have been above the 20,000 mark for the past four months, showing some strength after a soft period mid-year 2012.
Read More →Shale energy exploration, the growing practice of deep horizontal drilling to harvest oil and natural gas previously beyond reach, has changed America’s energy industry and overall economy.
Read More →Both diesel and gasoline prices saw a significant increase this past week. Diesel prices jumped an average of 9.5 cents per gallon across the nation to settle at $4.02.
Read More →Daimler Trucks North America is in the process of notifying approximately 1,300 production workers across DTNA’s North American manufacturing facilities of a potential layoff in compliance with the Worker Adjustment and Retraining Notification Act, according to the company.
Read More →Following a modest pullback in November, the trailer industry closed 2012 on a strong note: December saw new orders rise to a multi-year high, while cancellation activity remained at modest levels.
Read More →The wholesale used market was the only segment to grow from 2011 to 2012, up 3%. The auction and retail markets both fell 11%.
Read More →Overall, confidence in the equipment finance market is 54.2, an increase from the December index of 48.5, reflecting industry participants' improved outlook amid ongoing concerns with economic conditions and management of fiscal issues.
Read More →The American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index increased 2.8% in December after surging 3.9% in November. The 3.9% gain in November was revised from a 3.7% increase ATA reported on Dec. 18
Read More →LAS VEGAS -- Although business investment has slowed due to uncertainty over fiscal negotiations in Washington, the economy is not in any imminent danger of sliding into a recession, said economist Bob Dieli during Heavy Duty Aftermarket Dialogue Monday the day before Heavy Duty Aftermarket Week
Read More →FTR Associates Shippers Conditions Index for November fell marginally from October to a reading of -5.3, the precursor to what is expected to be a more challenging environment for shippers -- meaning more leverage for truckers -- in 2013
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