Paccar Promotes Preston Feight to CEO

Preston Feight (left) and Ron Armstrong of Paccar Feight (left) via Kenworth Truck Company; Armstrong via Paccar Inc.

Paccar Inc. appointed Preston Feight CEO effective July 1, succeeding Ron Armstrong, the company said in an April 18 news release.

Transport Topics
April 19, 2019
Business, Equipment, Top 100

Paccar Reaches Milestone With MX Engine

UPS T680 Paccar

Paccar Inc.’s engine plant in Columbus, Miss., reached a milestone recently by producing its 200,000th MX engine for the North American market.

March 29, 2019
Business, Technology, Equipment

Paccar Reports Fourth-Quarter, Full-Year Revenue Records

Paccar A Kenworth dealership in Windsor, Wis. (Truck PR)

Paccar Inc. reported record revenue in the fourth quarter and, excluding one-time benefits, higher net income. Annual revenue and net income set records, too, as it delivered 189,100 vehicles worldwide in 2018.

January 29, 2019
Business, Technology, Fuel, Autonomous

Paccar CEO Outlines Path Toward Zero-Emission Trucks, Automated Driving

Ron Armstrong Paccar CEO Ron Armstrong discusses emerging truck technologies at the ATD Show. (Seth Clevenger/Transport Topics)

SAN FRANCISCO — Paccar Inc. CEO Ron Armstrong said the trucking industry is moving toward ever-cleaner and more energy-efficient vehicles and will adopt increasingly advanced automated driving technology to assist drivers.

Seth Clevenger | Managing Editor, Features
January 28, 2019

Paccar Posts Strong 3Q Results on Truck Deliveries, Aftermarket Sales

Paccar trailer TruckPR

Paccar Inc. reported a 35% jump in net income plus higher revenue for the third quarter as truck deliveries and aftermarket sales drove the results.

Roger Gilroy | Staff Reporter
October 23, 2018
Business, Equipment

Paccar Increases Quarterly Dividend

Paccar trailer Truck PR

Paccar Inc. declared a 12% increase to the regular quarterly cash dividend.

Transport Topics
May 8, 2018
Business, Equipment

Paccar Sets Record for Quarterly Revenue

Peterbilt Model 579 TruckPR

Paccar Inc. notched record quarterly revenue and soaring net income in the first quarter, benefiting from a truck market that continues to climb.

Transport Topics
April 24, 2018
Business, Equipment

Medium-Duty Segment Ends Year With Steady Growth

Kenworth K370 Kenworth K370 (Truck Paper via YouTube)

U.S. retail sales of medium-duty trucks climbed 5.4% in December, with only Class 6 volumes dipping from a year earlier, reported.

Roger Gilroy | Staff Reporter
January 16, 2018

Paccar Elects Harrie Schippers President

Harrie Schippers 2015 image of Harrie Schippers via Studio040NL/YouTube

Paccar Inc.’s board has elected Harrie Schippers president, effective Jan. 1. He will also retain his current post of chief financial officer.

Transport Topics
December 14, 2017
Business, Equipment

Paccar Declares Extra Cash Dividend

Paccar Inc. declared an extra cash dividend of $1.20 per share, payable Jan. 4 to stockholders of record at the close of business Dec. 14.

Transport Topics
December 6, 2017