Sales of commercial trucks and buses that use electric drive technology are expected to grow to 160,000 annually by 2023, according to a new report by Navigant Research.
January 29, 2015BusinessLogistics
Universal Truckload Appoints New CEO
Jeff Rogers has been appointed CEO at Universal Truckload Services, concluding a plan begun in June.
January 8, 2015Business
Prices for Used Trucks Continue to Rise as More Late Models Hit the Marketplace
Used-truck values reached a record in October, with the average price for a sleeper cab at just more than $61,000, the American Truck Dealers reported.
January 5, 2015GovernmentBusiness
Commercial Vehicle Demand Softens in China, ACT Reports
The pace of China’s economy tapered in the third quarter, leading to a slower rate of growth in truck demand, according to the most recent quarterly China Commercial Vehicle Outlook, published jointly by ACT Research Co. and China’s State Information Center.
December 22, 2014Business
Nominations Open for 2015 Woman in Trucking Award
Women in Trucking Association and Navistar Inc. are seeking candidates for the 2015 Influential Woman in Trucking award.
December 22, 2014Business
Medium-Duty Truck Sales Edge Up in November
Medium-duty truck sales in the United States cooled in November, edging up 0.7% from a year earlier but falling 23.3% from the previous month, WardsAuto.com reported.
December 22, 2014BusinessEquipment
Former Arrow Trucking CEO Indicted on Multiple Fraud Charges
Former Arrow Trucking Co. CEO Doug Pielsticker pulled hundreds of thousands of dollars from company accounts to pay for his wedding and luxury cars in connection with a multimillion-dollar bank and tax fraud, according to a federal indictment unsealed in U.S. District Court earlier this month.
December 11, 2014Business
USA Truck Expands Brokerage Unit
USA Truck Inc. said it is expanding its profitable brokerage unit known as Strategic Capacity Solutions by opening a new office in Florida and expanding the unit’s Chicago facility.
December 9, 2014Business
October Truck Sales Top 22,000
This year’s surge in Class 8 sales continued in October as they jumped 22.5% from a year earlier to 22,032 units, the highest monthly total in almost eight years, WardsAuto.com reported.
November 24, 2014Business
Manufacturers Say They’re Ready to Meet Higher Demand in 2015
October’s extraordinary total for new-truck orders has raised expectations for Class 8 production in 2015, but analysts and manufacturers said the industry appears to be in a good position to handle the growing demand.
November 24, 2014