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The commercial vehicle market in 2016 was a tug of war between gaining medium-duty and declining heavy-duty sales, according to IHS Markit. Next year, medium-duty sales may be high enough to offset those losses.
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New registrations of commercial trailers in the U.S. hit 254,700 units in 2015, representing the third highest volume of new trailer registrations since 2000.
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Business analytics and insight company IHS has signed an agreement to acquire Oil Price Information Service, a pricing reporting agency that serves the oil, natural gas and biofuels industries.
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Heavy and certain light and medium trucks make up the largest share of transactions for first three quarters of 2015, says IHS Automotive.
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Class 6 GVW trucks now operating in commercial fleets now have an average 21.2-year lifespan due to their reliability, durability, and use in a variety of applications, IHS Automotive's commercial vehicle director told WorkTruckOnline.com.
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New commercial vehicle registrations for Class 3 through Class 8 trucks increased nearly 14% for the first nine months of 2014 compared to the same time a year ago, according to a new report by the vehicle industry research firm IHS Automotive.
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Two-thirds of the economic benefits and jobs created by federal highway and transit investment occur in non-construction sectors according to a new IHS report.
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Demand for commercial vehicles in the U.S. and Canada continues to strengthen, though used commercial vehicle registrations still outnumber new registrations.
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New registrations in the U.S. for Class 3 through Class 8 vehicles for the first half of 2014 totaled 310,718, an increase of 12.3% over the first half of 2013, according to a new report from Polk / IHS.
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While combined year-over-year commercial vehicle registrations rose from the first quarter of the 2013, the combined unit volume trend over the past 13 quarters has been relatively flat at an average unit volume of 312,000 units.
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