Penske Automotive to Buy Australian Truck Dealership for $200 Million
Penske Automotive Group said it will buy an Australian truck distributor that sells a variety of truck brands for $200 million.
July 29, 2013Truckload Carriers Report Mixed Results, Agree 2Q Freight Demand Was Weaker
Several of the country’s largest publicly traded truckload carriers reported a mixture of modest profit declines and some gains for the second quarter, with most citing a soft freight market.
July 29, 2013Three Truck Makers Report Lower Earnings But Predict Higher North American Sales
Heavy-duty truck makers reported lower second-quarter profits and revenue, compared with a year ago, as the U.S. economy gradually improves.
July 29, 2013Universal Truckload’s Profit Improves
Universal Truckload Services’ second-quarter operating income rose from a year ago.
July 26, 2013USA Truck’s Second-Quarter Loss Narrows
USA Truck said its second-quarter loss narrowed from a year ago.
July 25, 2013June Truck Tonnage Rises 5.9% to Record
Truck tonnage rose 5.9% in June from the same month last year to a record high, American Trucking Associations said.
July 23, 2013June Truck Sales Fall 8.9%
Truck makers sold 15,929 Class 8 vehicles in the United States in June, the highest total so far in 2013, but also the 10th consecutive year-over-year decline, WardsAuto.com reported.
July 22, 2013June Truck Orders Up 13% But Are Lowest This Year
Truck manufacturers received 18,900 net orders for Class 8 trucks in June, the lowest monthly total so far this year but still 13% above the year-ago level, ACT Research reported.
July 15, 2013Opinion: Trucking Remains a Force for Change
The trucking industry is one of the most innovative and dynamic sectors in our country, and its companies and professionals have been leaders for change in many areas.
July 15, 2013Opinion: No Time for Downtime
We’ve all suffered through computer downtime, usually at the worst possible moment. That was certainly the case with a number of freight carriers that experienced it during the hurricane that intensified to become Superstorm Sandy.
July 1, 2013