U.S. Class 8 Fleet Expands
Growth in the nation’s heavy-duty truck fleet firmed in the fourth quarter and at the same time many of the oldest trucks — those made before 2000 — were purged, according to a report from R.L. Polk & Co.
March 4, 2013Class 8 Fleet Grows 0.9% in 3Q, Biggest Gain in 3 Years, Polk Says
The total number of U.S. heavy-duty vehicles in operation rose 0.9% during the third quarter, the highest level of growth since the third quarter in 2009, according to a report from R.L. Polk & Co.
December 3, 20123Q Fleet Failures Rise Slightly; Analyst Sees Danger in Used Truck Prices
Truck fleet failures rose in the third quarter from a 25-year low but the total remained relatively small, according to a new Avondale Partners report, which warned that closures could rise if freight demand falls.
October 22, 2012FleetPride to Be Purchased by TPG
Heavy-duty truck and trailer parts supplier FleetPride Inc. said it has agreed to be acquired by private equity firm TPG.
October 9, 2012Fleet Failures Hit Lowest Level In at Least 25 Years, Report Says
Trucking bankruptcies reached their lowest level in at least 25 years during the second quarter as freight demand and pricing remained strong enough to sustain virtually every fleet, a new Avondale Partners report said.
July 30, 2012Fleets Stick to Buying Habits, But Leasing Is Gaining Favor
Truck manufacturers are not seeing significant changes in the buying habits of for-hire fleets, though there are some signs of increased interest in leasing, industry experts said.
July 20, 2012U.S. Heavy-Duty Fleet Expands at Fastest Rate Since Late 2009
The nation’s heavy-duty truck fleet grew in the first quarter for only the second time over the past 30 months, climbing 0.37% to 3.53 million vehicles registered on March 31.
May 28, 2012E&MU: Fleets’ Methods for Managing Truck Recalls
Some motor carrier executives have said the sometimes maddening process of addressing truck recalls is eased by ready access to notifications about potential problems and the ability of some fleets to handle the work in-house.
May 21, 2012Fleets Move College Football Gear for Pride’s Sake, Executives Say
Although transporting college football equipment from one venue to another can be an expensive undertaking, several trucking company executives said they are willing to write off the costs because they receive something much more valuable: a sense of company and family pride in performing what amounts to community service for higher-education institutions.
April 9, 2012Fleet Failures Remain Low
Trucking company failures reached the second-lowest level ever during 2011’s fourth quarter, reflecting the industry’s improving financial fortunes, according to a new report.
January 16, 2012