January Medium-Duty Sales Mixed
Medium-duty sales in January dropped 10.4% compared with a year earlier, but were saved from a more severe overall decline by strong gains in the lighter two classes as sales in Classes 6-7 slumped, WardsAuto .com reported.
February 18, 2020Technological Disruptions Bring Risk for Fleets
A systemwide update to GPS technology last year gave the trucking industry and other sectors a glimpse into how large-scale technological malfunctions can cause broad-based problems for businesses, but small-scale issues can be just as disruptive, experts said.
February 18, 2020Truck Dealers Remain Resilient, but Must Plan for Future, ATD Leaders Say
LAS VEGAS — Commercial truck dealers have shown resilience as equipment sales have cooled this year, but at the same time, these businesses must prepare for the rise of new technologies and other challenges, industry leaders said at the American Truck Dealers’ annual ATD Show.
February 18, 2020Sun State International CEO Oscar Horton Named ATD’s 2020 Truck Dealer of the Year
LAS VEGAS — Oscar Horton, CEO of Sun State International Trucks in Tampa, Fla., was selected by American Truck Dealers as the winner of its 2020 Truck Dealer of the Year award.
February 18, 2020Daimler to Recall 298,000 Mercedes-Benz Cars
Daimler AG is recalling almost 300,000 of its Mercedes-Benz cars because of fire hazards.
February 14, 2020Airbus Presses Boeing Rivalry With Jet Deal, Production Ramp-Up
Airbus SE pledged to churn out more aircraft than ever and consolidated its ownership of the A220 jetliner, pressing home its advantage over Boeing Co. and its grounded 737 Max in the growing narrow-body market.
February 13, 2020Dana Q4 Profits Dip, but Revenue Grows
Vehicle component manufacturer Dana Inc. reported a slight increase in revenue but a dip in profits for the fourth quarter as higher interest expenses and a slide in demand for heavy-duty trucks chipped into its earnings.
February 13, 2020Rush Reports Q4 Declines, Record Annual Revenue
Commercial vehicle dealership Rush Enterprises Inc. reported declines in fourth-quarter net income and revenue amid a falloff in Class 8 sales, but on an annual basis, achieved record revenue of nearly $6 billion plus increased profits.
February 13, 2020Wabash Reports Mixed Q4 Results, Record 2019 Revenue
Trailer maker Wabash National Corp. reported higher fourth-quarter net income and lower revenue, although full-year revenue set a record.
February 12, 2020Class 8 Sales Tumble in January as Fleets Grow More Cautious
Class 8 U.S. retail sales in January dropped below 16,000 for the first time since January 2018, WardsAuto .com reported, as a cautious industry waited to see what changes in the freight environment.
February 12, 2020