Sales of Nat Gas-Powered Trucks Slow as Diesel Prices Plummet, Reports Say
Growth in the natural-gas truck market has stalled this year as the steep drop in diesel prices has cut into the potential savings offered by the alternative fuel.
USA Truck Announces Flexible Time-Off Initiative
USA Truck is allowing its over-the-road driving team members to select when and where they take time off.
August 12, 2015Used-Truck Pricing Remains Stable As Availability Improves, Analysts Say
Average used truck prices have remained stable in recent months as the availability of used equipment continued to improve, analysts said.
Class 8 Truck Orders Hit 24,100 in July
New Class 8 truck orders were “stronger than expected” in July at 24,100 units but still declined 20% from a year earlier, ACT Research reported.
USA Truck Appoints Glaser CEO; Simone Resigns to Focus on Health
USA Truck Inc. has appointed Thomas Glaser CEO to succeed John Simone, who has resigned to focus on his health.
Late-Model Equipment Lifts Used-Truck Prices
Used-truck pricing has remained at historically high levels, supported by an ongoing market shift toward more valuable late-model equipment, industry analysts said.
Truck Toll Excluded from Rhode Island's Budget, For Now
The Rhode Island General Assembly might postpone consideration of the governor’s controversial "RhodeWorks" road and bridge plan, which includes truck tolls on bridges, until later this year, the press secretary for state Senate President Teresa Paiva Weed said June 10.
Trucking Adds 8,600 Jobs in May; US Payrolls Rise by 280,000
Trucking added 8,600 jobs in May, up substantially from April, and U.S. employers added 280,000 workers to payrolls, the Labor Department reported June 5.
Used-Truck Transactions Rise 4% in 1Q
Used-truck transactions grew nearly 4% in the first quarter, and average pricing has continued to escalate in recent months as newer, more valuable models have become available, according to recent industry reports.
June 1, 2015April Truck Orders Drop 10% to Lowest Level in 18 Months
Truck orders slipped 10% last month from the same period a year ago on a preliminary basis to the lowest level in 18 months, as Class 8 buying trends return to typical seasonal patterns.
May 11, 2015