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Konexial Acquires Axle Technologies’ ELD, Fleet Management Customers

Konexial Inc. acquired Axle Technologies’ complete roster of electronic logging device and fleet management customers, Konexial officials said Oct. 21.

October 21, 2019

Ervin Equipment Announces C-Level Appointments

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October 21, 2019

Volvo Reports Modest Gains in Q3 Net Income, Revenue

Volvo Group reported a marginal increase in net income and a modest bump in revenue in the third quarter, citing slowing markets for trucks, construction equipment, and marine and industrial engines.

October 18, 2019

Volvo Braces for 2020 Slump as Truck Orders Hit the Brakes

Volvo Group is preparing for more output cuts after forecasting a slump in truck deliveries next year in North America and Europe on weaker demand.

October 18, 2019

GM Workers Stay on Strike as Members Vote on New Contract

The United Auto Workers will continue striking against General Motors Co. until a tentative deal is ratified by members, extending its walkout for at least another week.

October 18, 2019

Freightliner Catapults September Class 8 Sales to Record High

U.S. Class 8 retail sales punched through to an all-time record high of nearly 29,000 in September, WardsAuto.com reported, but analysts cautioned against reading it as a turnaround.

October 17, 2019

Mack Strike to Idle Production at Volvo’s Virginia Plant

The ongoing Mack Trucks strike will temporarily idle the largest Volvo truck manufacturing facility in the world.

October 17, 2019

Trucking Relies on Consumers, but Recession Fears Loom, Experts Say

PALM BEACH, Fla. — A leading consultant and top executives at three fleets outlined the state of the trucking industry and overall economy to trailer dealers and suppliers during a meeting here, with discussion focused on changing conditions and persistent concerns about softening demand.

October 17, 2019

Group Organizing Rebuttal Effort to Revised Chassis Pool Plan at Ports

The simmering dispute between ocean shippers and trucking over the availability, price and quality of chassis has gotten a little hotter.

October 16, 2019

Details Key for Lease-Purchase Deals; Drivers Urged to Do Their 91ÊÓÆµwork

For drivers wary of the prices for new or gently used trucks, lease-purchase agreements can offer a path to eventual ownership, but researching the deal before signing on the dotted line is crucial to avoid potential financial pitfalls, experts said.

October 16, 2019