trucks News Updates

Heavy-duty retail truck sales in the United States increased 8.5% in November from a year earlier to 9,614 units, the 11th consecutive monthly gain, according to Wardsauto.com.

American Trucking Associations has agreed to give step van drivers a permanent spot in the National Truck Driving Championships.

Orders for Class 8 trucks in North America soared to more than 26,000 in November, jumping at least 148% from a year ago and 38% from October, industry consultants said.

Truck manufacturers said they are prepared to boost production to meet increasing demand in 2011, although some experts warned shortages of key components could develop as suppliers struggle to keep up with what could be one of the strongest sales markets in years.

Even as total heavy-duty truck capacity continued to decline during the third quarter, recent reports on registrations of new and used trucks, rising orders for new vehicles and slowing sales of used tractors appeared to set the stage for a renaissance in new-truck sales.

Broad-based growth in heavy-duty truck sales slowed in October, as Volvo and Daimler’s two brands grew by more than 40% each, but the four other major nameplates all slipped below their low October 2009 totals.

Unfamiliar words such as “stability” and “price increases” are creeping into the less-than-truckload sector’s vocabulary these days, after a turbulent two years of rate cutting, market-share swings and some astronomical losses.

About 572 former employees of bankrupt flatbed carrier Arrow Trucking Co. will receive $2 million in back wages and benefits, the Tulsa World newspaper reported, citing court documents.

James Brown Contracting has acquired Durham, N.C.-based West Brothers’ Cos. a trucking, logistics and leasing of commercial fleet services in the Southeast. Terms were not disclosed.

Truck stop chain TravelCenters of America Monday reported a third-quarter profit, compared with a loss a year ago, citing an improved margin in fuel price per gallon.