Business, Technology, Equipment

Paccar Q4 Net Income Slips, but Annual Profit, Revenue Hit Records

Paccar Kenworth and Peterbilt trucks on Interstate 15 outside of Las Vegas. (John Sommers II for Transport Topics)

While revenue and profits dipped in the fourth quarter, Paccar Inc. extended its streak of annual profitability to 81 consecutive years in 2019 as it posted records for net income and revenue.

Jerry Hirsch | Contributing Writer
January 28, 2020
Business, Equipment

Paccar Achieves Revenue Records in 2Q

Paccar A Kenworth truck cab on the assembly line at the Renton, Wash. (TT File Photo)

Paccar Inc. reported record quarterly revenue and higher net income in the second quarter amid strong global truck demand and record production.

Roger Gilroy | Senior Reporter
July 23, 2019
Business, Equipment

Paccar Hits Record 2Q Revenue; Profits Surge

Paccar Kenworth and Peterbilt trucks by John Sommers II for Transport Topics.

Truck maker Paccar Inc. in the second quarter rode strong performances from all sectors of its business to record quarterly revenue and a surge in net income.

Roger Gilroy | Senior Reporter
July 24, 2018

Paccar Reports Record Revenue in 4Q, Full Year

Paccar TruckPR

Truck maker Paccar Inc. reported record sales and improved net income for the 2017 fourth quarter and full year, benefiting from peak North American market share and strong aftermarket parts sales.

Roger Gilroy | Senior Reporter
January 30, 2018
Business, Equipment

Truck Makers Point to Improving Market in 3Q

Mercedes Trucks Guenter Schiffmann/Bloomberg News

Truck makers highlighted growing demand for their equipment in third-quarter earnings reports even as they posted mixed results. One saw profitability slip but revenue climb, while two others reported an increase in net income and revenue.

Roger Gilroy | Senior Reporter
November 1, 2017
Business, Technology, Equipment, Fuel

Paccar Team of Kenworth, DAF Funded for SuperTruck II Research

The Kenworth Truck Co. and European DAF Trucks brands of Paccar Inc. have been selected as the fifth team to participate in the Department of Energy’s SuperTruck II research program, the government agency announced Aug. 30.

Roger Gilroy | Senior Reporter
September 6, 2017
Business, Fuel

Paccar Introduces Automated Transmissions

Paccar transmission Paccar

MOUNT VERNON, Wash. — Paccar has introduced a line of proprietary automated transmissions that the company says completes its integrated powertrain offerings.

Joe Howard | Executive Editor
August 22, 2017

Kenworth Adds Options for Vocational Trucks Amid Rising Market

Roger W. Gilroy/Transport Topics

Kenworth Truck Co. says a new axle, compressed natural gas engine and air intake will be available by the end of July.

Roger Gilroy | Senior Reporter
July 25, 2017

Paccar’s Net Income Down in Second Quarter Despite Revenue Surge

New Kenworth and Peterbilt trucks TruckPR

Second-quarter net income declined for truck maker Paccar Inc., even though revenue increased for the Bellevue, Wash.-based parent of Kenworth Trucks and Peterbilt Motors.

Jonathan S. Reiskin | Associate News Editor
July 25, 2017
Business, Equipment

Class 8 Orders Surge 40% in June, Eclipse 18,000

Class 8 orders surge 40% in June Volvo

Class 8 orders cleared 18,000 in June, a 40% year-over-year gain, according to ACT Research Co.

Roger Gilroy | Senior Reporter
July 10, 2017