Paccar Reports Higher Q3 Income, Revenue
Paccar Inc. reported higher third-quarter net income and revenue amid gains in sales of trucks and parts.
October 22, 2019Konexial Acquires Axle Technologies’ ELD, Fleet Management Customers
Konexial Inc. acquired Axle Technologies’ complete roster of electronic logging device and fleet management customers, Konexial officials said Oct. 21.
October 21, 2019Ervin Equipment Announces C-Level Appointments
Volvo Reports Modest Gains in Q3 Net Income, Revenue
Volvo Group reported a marginal increase in net income and a modest bump in revenue in the third quarter, citing slowing markets for trucks, construction equipment, and marine and industrial engines.
October 18, 2019Volvo Braces for 2020 Slump as Truck Orders Hit the Brakes
Volvo Group is preparing for more output cuts after forecasting a slump in truck deliveries next year in North America and Europe on weaker demand.
October 18, 2019GM Workers Stay on Strike as Members Vote on New Contract
The United Auto Workers will continue striking against General Motors Co. until a tentative deal is ratified by members, extending its walkout for at least another week.
October 18, 2019Freightliner Catapults September Class 8 Sales to Record High
U.S. Class 8 retail sales punched through to an all-time record high of nearly 29,000 in September, WardsAuto.com reported, but analysts cautioned against reading it as a turnaround.
October 17, 2019Mack Strike to Idle Production at Volvo’s Virginia Plant
The ongoing Mack Trucks strike will temporarily idle the largest Volvo truck manufacturing facility in the world.
October 17, 2019Trucking Relies on Consumers, but Recession Fears Loom, Experts Say
PALM BEACH, Fla. — A leading consultant and top executives at three fleets outlined the state of the trucking industry and overall economy to trailer dealers and suppliers during a meeting here, with discussion focused on changing conditions and persistent concerns about softening demand.
October 17, 2019Group Organizing Rebuttal Effort to Revised Chassis Pool Plan at Ports
The simmering dispute between ocean shippers and trucking over the availability, price and quality of chassis has gotten a little hotter.
October 16, 2019