Daseke Continues to Seek Additions to Flatbed Enterprise
NASHVILLE, Tenn. — Flatbed entrepreneur Don Daseke continues to build his rapidly growing company by hunting for merger candidates, even though the current business environment does not favor an initial public offering for what is now the second-largest company in his sector of trucking.
March 2, 2016Truck Makers Face Decreasing Brand Loyalty, Retired Exec Hebe Says
NASHVILLE, Tenn. — Even after a decade of rapid change, the world of trucking and truck makers is hurtling into a world of diminishing brand loyalty and decreasing lengths of haul because of intermodal shipping, said retired manufacturing executive James Hebe.
February 29, 2016Volvo Pushes Product Innovation Amid Slower Industrywide Sales
WASHINGTON — After Volvo Trucks North America’s best year for deliveries and market share in 2015, plans are under way to focus on the flatbed, tank truck and heavy-haul sectors to offset an industrywide sales slowdown, a strategy its president said could start to bear fruit in the second half of this year.
February 29, 2016After Strong Year, Volvo Looks to Boost Market Share
WASHINGTON — Volvo Trucks North America had its best year for deliveries and market share in 2015, and although industrywide sales are expected to decline this year, the company’s president said he wants to increase market share by boosting sales to flatbed, tank truck and heavyhaul carriers.
February 25, 2016XPO Files Federal Civil Suit Against R+L Carriers
XPO Logistics, including the former Con-way Freight, filed a six-count civil complaint against R+L Carriers in U.S. District Court in Detroit, alleging that R+L acted illegally in raiding employees from XPO.
February 22, 2016Wabash to Introduce New Rear Impact Guard
Trailer maker Wabash National Corp. will introduce a new rear impact guard option at the end of February at a major industry conference, the manufacturer said Feb. 16.
February 17, 20164Q, Full-Year 2015 Earnings Show Shift in Global Marketplace Trends for OEMs
Heavy-duty truck and engine makers reported earnings for the fourth quarter and the year that show the North American market starting to ease, Europe on the rise and the rest of the world showing difficulties.
February 15, 2016Cummins’ Engine Lead Shrinks as Daimler Hits 30% of Market
As the 2015 North American truck market surged, Cummins Inc. kept its lead in installing heavy-duty engines despite most truck makers carving out a greater share compared with 2014 — a trend Cummins management said will continue this year.
February 8, 2016LTLs Post Lower Results During Challenging 4Q
Less-than-truckload carriers remained profitable during the fourth quarter but had a tougher time operating compared with earlier periods in 2015 as well as the final quarter of 2014, recent earnings statements show.
February 8, 2016Old Dominion Freight Line Profits Increase
Less-than-truckload carrier Old Dominion Freight Line posted gains in revenue and net income for both the fourth quarter and all of 2015.
February 4, 2016