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Class 8 truck orders in February were down 42% year-over-year while medium–duty orders were at the highest level in over a year.
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Loop Energy will use a newly acquired $7.5 million grant to accelerate deployment of its new zero-emission powertrain for heavy-duty trucks. The company plans to install the powertrain in a Peterbilt Class 8 truck and deliver it to a customer for testing.
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Class 8 truck orders were down as demand fell slightly compared to January, according to the early February numbers from ACT Research and FTR.
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ACT Research said the Used Class 8 truck market was mixed in January with a significant decrease in sales coupled with falling mileage, increasing average age and flat pricing.
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January was a tough month for truck manufacturers as Class 8 truck orders were down 35% compared to the previous month, according to a preliminary report from ACT Research.
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International's new Class 8 line is replacing the PayStar and includes four models, with long and medium hoods and two diesels.
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The Class 8 sleeper segment saw its best sales and production numbers in history in 2015, according to the latest numbers from ACT Research.
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Class 8 truck orders rebounded while Class 5-7 orders remained strong in December, according to preliminary numbers from ACT Research and FTR.
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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.
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DuraClass recently introduced the newly improved HPT Tub Body Line.
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