LTLs Report Sizable Quarterly Profit Gains on Improved Rates, Rising Tonnage Levels
Four of the largest U.S. less-than-truckload operators improved profitability by 25% or more in the third quarter, powered by improved rates, carriers’ earnings reports showed last week.
November 3, 2014Used-Truck Prices Hold Near Record Highs, Despite More Late Models Hitting Market
Prices for used trucks in the United States remain near record highs as strong demand outweighs a growing supply of late-model units, dealers and analysts said.
October 20, 2014Mack Showcases Pink Truck for Breast Cancer Awareness
Mack Trucks Inc. is displaying a pink Pinnacle Axle Back model at its headquarters in Greensboro, North Carolina, to help increase breast cancer awareness.
October 16, 2014September Truck Orders Jump 32%
Class 8 truck orders jumped 32% in September from a year ago to 24,900, ACT Research Co. reported.
October 3, 2014Mack to Provide Truck for Industry-Safety Campaign
Mack Trucks said it will sponsor American Trucking Associations’ Share the Road safety campaign for the 13th year and provide a 2014 Mack Pinnacle.
September 25, 2014Minority USA Truck Holder Seeks Management Change
USA Truck Inc. minority shareholder, ADW Capital Partners, has called for the resignation of company CEO John Simone because progress in improving profits has been too slow.
August 26, 2014July Truck Sales Up 22.5%
U.S. retail sales of heavy-duty trucks jumped 22.5% in July to 18,793 units from a year ago, marking the first back-to-back monthly percentage gains above 20% in more than two years, WardsAuto.com reported.
August 18, 2014Volvo Improves Fuel Efficiency in 2016 VN Tractor
Volvo Trucks said it has improved fuel efficiency in the model year 2016 VN series highway tractor using several aerodynamic and powertrain enhancements.
August 13, 2014Volvo Trucks Opens Customer Test Track at Va. Plant
Volvo Trucks has opened a 1.1-mile customer experience test track at its New River Valley, Virginia, manufacturing facility.
August 12, 2014Truck Orders Hit Record During Normally Slow July
Class 8 truck orders surged 70% year-over-year to 29,900, the highest July on record, ACT Research reported.
August 11, 2014