trucks News Updates
Experts Predict More Mergers as Trucking鈥檚 Fortunes Improve
Trucking industry mergers and acquisitions are expected to surge this year because of factors such as tight capacity and eager private-equity buyers, several industry experts have said.
January 9, 2012Editorial: Happy New Year
There is reasonable cause for people in trucking to be optimistic in 2012. It looks like the economy鈥檚 recovery from the long and deep recession is gaining strength, so trucking can look forward to increasing demand.
January 2, 2012Used-Truck Sales Down in November; Short Supply, High Prices Are Blamed
Used-truck sales declined in November, the result of both a lack of supply and increasing buyer resistance to high prices, according to two trucking-industry research groups.
January 2, 2012November Truck Sales Jump 77%
Heavy-duty U.S. truck sales continued their robust expansion in November, jumping 77% from the same month in 2010 and surging past the 57.7% growth rate for the year鈥檚 first 11 months, according to a Dec. 12 report from WardsAuto.com.
December 19, 2011Truck Orders Drop 21.2%; Decline Is First in 13 Months
Class 8 truck orders in North America dropped 21.2% in November, the first year-over-year decline in 13 months, as the industry recovered from the bruising recession, according to ACT Research Co.
December 12, 2011Used Truck Registrations Remain Flat; Rigs Cost More, Have Higher Mileage
Registrations of used trucks barely increased in the first nine months of this year, while tight supplies of them forced buyers to pay 19% more than they did last year for trucks with higher mileage, according to market researchers.
December 5, 2011October Truck Sales Skyrocket
Heavy-duty truck sales in the United States skyrocketed in October, doubling from the corresponding month last year, and with a 174.2% sales gain by Navistar Inc. leading to the industry鈥檚 greatest single-month volume since January 2007.
November 21, 2011U.S. Xpress, CRST Outline Expanded Services
ATLANTA 鈥 Large truckload carriers U.S. Xpress Enterprises and CRST International last week said they are expanding their team-driver service offerings to tap the refrigerated truckload market for produce shipments.
November 21, 2011Volkswagen Expands Trucking Reach With Majority Stake in Rival MAN
Volkswagen AG said Wednesday it has completed purchase of a majority stake of fellow German truck producer MAN SE, opening the way to becoming 鈥渁 new top player on the global truck market.鈥
November 9, 2011TravelCenters鈥 3Q Profit Jumps
TravelCenters of America said Monday its third-quarter earnings jumped from a year ago as fuel sales increased.
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