Engine maker Cummins Inc. said last week it would reduce its workforce by 2,000 employees, or about 4% of its global payroll, and close or restructure some manufacturing facilities as a result of lower demand for its products, including truck engines.
November 1, 2015Search
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Used Truck Prices Slump at Auctions, Analysts Say
A major auction of fleet-owned, model year 2012-2013 sleeper trucks in mid-September pulled in lower-than-expected prices and may have signaled the start of a market erosion, according to Chris Visser, an analyst with American Truck Dealers.
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November 1, 2015Class 8 Purchases Rise 4.5% in September as Buyers Invest in More Efficient Models
U.S. retail sales of Class 8 trucks totaled 20,972 in September, marking the seventh consecutive month when sales topped 20,000, WardsAuto.com reported.
October 19, 2015Mack Inaugurates Drive-Axle Line After $30 Million Plant Investment
HAGERSTOWN, Md. — Mack Trucks inaugurated its new drive-axle line here, the result of a two-year, $30 million investment that is part of the company’s strategy of vertical integration of powertrain components — engines, transmissions and axles.
October 19, 2015FMCSA Says Report Supports CSA
The Federal Motor Carrier Safety Administration on Oct. 8 released a report that the agency said confirms data used in the Compliance, Safety, Accountability’s safety measurement system is able to identify truck and bus companies involved in 90% of the more than 100,000 crashes each year.
October 8, 2015Prices for Used Trucks Soften; Analysts Expect More Declines
The average sales price for used Class 8 vehicles softened in August amid a strong supply of lower-mileage aerodynamic sleepers and a continuing trend of price depreciation in the market overall, analysts said.
September 28, 2015Tire Makers Expect GHG Proposal to Boost Low-Resistance Model Sales
Federal regulators have taken steps to push the trucking industry toward greater adoption of low-rolling-resistance tires on trucks and trailers in the years ahead, but developing these increasingly efficient tires involves more than simply tweaking a rubber compound, manufacturers said.
September 28, 2015For Hire on eBay: Trucker Driven by Passion for Service
The driver shortage issue may be a thorn to the trucking industry, but it puts drivers in a bit of a power position to make their services available to the highest bidder.ÌýOne particular driver is doing that literally, advertising himself on the online auction site, eBay.
September 18, 2015Volvo Shows Adaptive Loading System; Fleets Cite Safety, Fuel Benefits in Tests
HEYBURN, Idaho — Volvo Trucks rolled out a drivetrain system that management hopes will give the company a larger presence among liquid and bulk haulers, regional distribution carriers and trucking companies often dealing with loads that diminish over time or with empty backhauls.
August 31, 2015April Class 8 Sales Rise 15%
Heavy-duty truck sales climbed 15% in April from a year earlier and surpassed the 20,000 mark for the fifth time in eight months after reaching that level only one other time since 2006, according to WardsAuto.com.
May 18, 2015