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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.
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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.
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Demand for vocational trucks and trailers continues to be pushed by oil and gas producers, road building and municipal business, according to truck manufacturers and researchers. Revivals in housing and commercial construction are also factors as vocational Class 8 retail truck sales are up 9.2% through July compared to last year, and should be up by 16.4% for all of 2014.
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Daimler Trucks North America marked the production of its 3 millionth vehicle in North America.
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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.
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Navistar Financial Corp. has completed an agreement for $100 million of additional funding in what it calls a “trade receivables securitization program.”
Read More →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.
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Navistar has completed its largest one-time sale of International LoneStar trucks to the truckload fleet Celadon Trucking Services.
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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.
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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.
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