Heavy Cancellations Reduce October Net Orders to Fewer Than 14,000 North American Trucks
Net preliminary Class 8 truck orders in October fell below 14,000, but cancellations of previous orders that were removed from the books last month complicated the picture, analysts said.
November 14, 2016Doonan to Open New Flatbed Trailer Plant
Doonan Specialized Trailer announced it has gutted a 25,000-square-foot manufacturing plant, previously used to stall-build custom trailer products, and created a high-efficiency flatbed trailer plant.
November 10, 2016Dorsey Launches All-Aluminum Platform Trailer Series
Specialty trailer manufacturer Dorsey Trailer introduced an all-aluminum platform trailer series, Aluminum Giant, with a capacity of 80,000 pounds evenly distributed, according to the company.
November 9, 2016Dana Introduces E-Axles for Hybrid, Electric Vehicles
Dana Inc. introduced a product line of power technologies and drive axles called Spicer Electrified, including fully integrated motor, control and e-drive technologies intended for electric and hybrid vehicles.
November 9, 2016Tepid North American Market Hurts Results in 3rd Quarter, Equipment Suppliers Report
Leading heavy-duty equipment suppliers said soft demand for their products in North America weakened third-quarter results.
November 7, 2016Commercial Vehicle Group Results Fall Amid Lower Class 8 Production
Cab-related products and systems supplier Commercial Vehicle Group Inc. reported net income and revenue fell in the third quarter amid significantly lower heavy-duty truck production in North America.
November 4, 2016Class 8 Orders Fall Below 14,000 in October
Orders for Class 8 trucks in October reached 13,900, according to ACT Research Co.’s initial findings, which will be revised if necessary later in the month.
November 3, 2016Wabash Reports Third-Quarter Income Edged Up as Sales Slipped
Trailer manufacturer Wabash National Corp. reported third-quarter net income edged up 3% to $33 million, or 51 cents per share, compared with $32 million, or 47 cents, in the period ended Sept. 30.
November 2, 2016Income, Revenue Fall at Cummins Inc.
Engine manufacturer Cummins Inc. reported net income for the third quarter ended Oct. 2 fell to $289 million, or $1.72 per share, compared with $380 million, or $2.14, in the 2015 period, pointing to the weaker North American truck engine market, among other factors.
November 2, 2016Bendix Launches Driver Control Module Production at Mexican Plant
Bendix Commercial Vehicle Systems said it has begun to produce driver control modules, or DCMs, built for Navistar Inc. on an advanced new assembly line at its Acuña, Mexico, manufacturing campus, in which it recently invested $4.6 million.
October 31, 2016