Paccar Inc. notched record quarterly revenue and soaring net income in the first quarter, benefiting from a truck market that continues to climb.
April 24, 2018Business
Paccar Reports Record Revenue in 4Q, Full Year
Truck maker Paccar Inc. reported record sales and improved net income for the 2017 fourth quarter and full year, benefiting from peak North American market share and strong aftermarket parts sales.
January 30, 2018BusinessEquipment
Medium-Duty Segment Ends Year With Steady Growth
U.S. retail sales of medium-duty trucks climbed 5.4% in December, with only Class 6 volumes dipping from a year earlier, WardsAuto.com reported.
January 16, 2018Business
Paccar Elects Harrie Schippers President
Paccar Inc.’s board has elected Harrie Schippers president, effective Jan. 1. He will also retain his current post of chief financial officer.
December 14, 2017BusinessEquipment
Paccar Declares Extra Cash Dividend
Paccar Inc. declared an extra cash dividend of $1.20 per share, payable Jan. 4 to stockholders of record at the close of business Dec. 14.
December 6, 2017BusinessEquipment
Truck Makers Point to Improving Market in 3Q
Truck makers highlighted growing demand for their equipment in third-quarter earnings reports even as they posted mixed results. One saw profitability slip but revenue climb, while two others reported an increase in net income and revenue.
November 1, 2017BusinessEquipment
Kenworth Makes 7-Axle Straight Truck for Ag Hauler
Kenworth Truck Co. manufactured a 7-axle straight truck for White Oak Mills, marking the first time the OEM had made such a vehicle starting with its T880S platform.
September 11, 2017BusinessTechnologyEquipmentFuel
Paccar Team of Kenworth, DAF Funded for SuperTruck II Research
The Kenworth Truck Co. and European DAF Trucks brands of Paccar Inc. have been selected as the fifth team to participate in the Department of Energy’s SuperTruck II research program, the government agency announced Aug. 30.
September 6, 2017BusinessEquipment
Paccar Parts Reaches Milestone With 100th TRP Store
The new store, opened by Kenworth of Louisiana, is located in Alexandria, La., and builds on a network of TRP stores that began in 2013 in Europe, the United Kingdom and in Mexico, according to the Renton, Wash.-based company.
September 5, 2017BusinessTechnologyEquipment
Putting Paccar’s New Automated Transmission to the Test
MOUNT VERNON, Wash. — Paccar’s new automated transmissions were put through testing and demonstrations during a daylong launch event at the company’s technical center here, as media were given the chance to experience the new units firsthand.
August 24, 2017