The current commercial truck market is strong, with prices stable. The forecast for 2019 is more of the same, barring major world events.
Commercial vehicles are expected to run on diesel fuel through 2040 due to increases in fuel economy, according to new research from IHS Markit.
Preliminary orders of Class 4-8 trucks increased in June, with Class 8 trucks crossing the 40,000-unit level for the fourth time in six months and medium-duty orders increasing to 26,400 units in a month that's typically weak for Class 5-7 vehicles, according to ACT Research.
The domestic tire industry reached two milestones in 2017. Replacement truck tire shipments totaled 19.2 million units, a record high.
Third-party logistics in the U.S. experienced “a mediocre year” in 2016, according to a new report prepared by market-research and consultancy firm Armstrong & Associates Inc.
Diesel prices in the U.S. crept upward last week, continuing a three-week streak of modest increases, according to the latest numbers from the Energy Department.
Almost five thousand hydrogen fueling stations will be deployed globally by 2032, according to a report published by Information Trends, a market research company based in Washington.
Orders of classes 5 to 7 vehicles declined 1.1% in 2016 after a strong December finish and have outpaced heavy-duty truck orders in part due to pent-up demand from government fleet purchasers, according to ACT Research.
Analysts contend that the crude oil supply-and-demand imbalance will be righted just as soon as the price climbs high enough to compel U.S. shale-oil drillers to again ramp up production.
An explosion of new technology has added an unprecedented range of choices that are changing the way vocational fleets spec and work their trucks.
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