COLUMBUS, Ind. — The Class 8 market will reach a peak in 2015 as a favorable freight market and improved trucker profitability lift the industry, ACT Research Co. projected.
March 30, 2015Business
Used-Truck Transactions Up, But Constrained by Inventory
Used-truck transactions rose about 4% last year, but sales volumes were constrained by the scarcity of desirable units reaching the secondary market, IHS Automotive said.
March 9, 2015Business
February Truck Orders Increase 7%
February Class 8 truck orders rose 7% from a year ago to 31,200, ACT Research Co. reported.
March 4, 2015Business
USA Truck’s Earnings in 4Q Highlight Firm’s Turnaround
USA Truck Inc.’s strongest quarterly earnings report in nine years helped the company complete a turnaround in 2014 that saw it post its first full year of per-share profits since 2008.
March 2, 2015Business
Replacement of Older Units Drives Growth Of Medium-Duty Vehicle Sales, Analysts Say
Medium-duty trucks sales reached their highest level in years during 2014, boosted by replacement activity among large-scale buyers who are cycling older units out of their fleets. But while the growth is a sign that commercial buyers see economic opportunity ahead, the piecemeal approach to acquisitions will hold the industry back from returning to previous heights, industry experts said.
March 2, 2015Business
Truck Day Has Become a Thing
Baseball fans in snowbound Boston and other cities are joining a growing movement to celebrate Truck Day (or #TruckDay on Twitter), when the departure of trucks for Florida and Arizona loaded with bats and balls and jerseys is a sign spring can't be far away.
February 13, 2015Business
USA Truck’s 4Q, Full-Year Income Improve
USA Truck Inc. reported its highest quarterly earnings per share in more than nine years and announced it had its first full year of positive earnings per share since 2008.
February 11, 2015Business
Truck-Lite Buys LED Lighting Company Rigid Industries
Truck-Lite Co., which makes LED lighting systems, said Feb. 5 it acquired LED lighting manufacturer Rigid Industries, based in Phoenix. Terms were not disclosed.
February 6, 2015Business
Truck Orders Rise 2.4% in January; Ease Back From Record Highs
Class 8 truck orders rose 2.4% in January to 35,400, slowing from the torrid fourth-quarter pace in which they averaged over 43,000, ACT Research reported.
February 4, 2015Business
Volvo Launches VAH 630 Autohauler Model
Volvo Trucks introduced the Volvo VAH 630, a premium sleeper version for longhaul auto-hauling operations.
February 2, 2015