trucks News Updates

Business

Truck Orders Gain 148%

Orders for Class 8 trucks in North America soared to more than 26,000 in November, jumping at least 148% from a year ago and 38% from October, industry consultants said.

December 13, 2010
Business

OEMs Confident of Meeting Growing U.S. Truck Demand

Truck manufacturers said they are prepared to boost production to meet increasing demand in 2011, although some experts warned shortages of key components could develop as suppliers struggle to keep up with what could be one of the strongest sales markets in years.

December 13, 2010
Business

New Truck Sales Set to Rise

Even as total heavy-duty truck capacity continued to decline during the third quarter, recent reports on registrations of new and used trucks, rising orders for new vehicles and slowing sales of used tractors appeared to set the stage for a renaissance in new-truck sales.

December 6, 2010
Business

Class 8 Sales Growth Slows as October Purchases Rise 2.5%

Broad-based growth in heavy-duty truck sales slowed in October, as Volvo and Daimler鈥檚 two brands grew by more than 40% each, but the four other major nameplates all slipped below their low October 2009 totals.

November 22, 2010
Business

Changes in LTLs鈥 Vocabulary Illustrate Improving Business

Unfamiliar words such as 鈥渟tability鈥 and 鈥減rice increases鈥 are creeping into the less-than-truckload sector鈥檚 vocabulary these days, after a turbulent two years of rate cutting, market-share swings and some astronomical losses.

November 15, 2010
BusinessEquipment

Arrow Trucking Employees to Get $2 Million in Back Pay

About 572 former employees of bankrupt flatbed carrier Arrow Trucking Co. will receive $2 million in back wages and benefits, the Tulsa World newspaper reported, citing court documents.

November 11, 2010
Business

Brown Trucking Buys N.C. Trucking, Logistics Firm

James Brown Contracting has acquired Durham, N.C.-based West Brothers鈥 Cos. a trucking, logistics and leasing of commercial fleet services in the Southeast. Terms were not disclosed.

November 8, 2010
Business

TravelCenters Reports Third-Quarter Profit

Truck stop chain TravelCenters of America Monday reported a third-quarter profit, compared with a loss a year ago, citing an improved margin in fuel price per gallon.

November 8, 2010
Business

Mack Seeks to Increase Sales of Over-the-Road Class 8 Trucks

LEHIGH VALLEY, Pa. 鈥 Mack Trucks鈥 leadership rallied the company鈥檚 sales force here, urging dealers to sell more Pinnacle highway tractors in addition to the traditional vocational offerings. The formula for success, the leaders said, would be new ClearTech SCR engines, M-Drive transmissions and a 鈥淢ade in the USA鈥 appeal to economic patriotism.

November 8, 2010
Business

Heavy-Duty Truck Orders Surge in September

Orders for new heavy-duty trucks jumped about 40% in September compared with the same month last year, an unexpectedly strong showing that analysts said resulted from a sharp boost in trucker confidence that sets the stage for a strong sales year in 2011.

November 1, 2010