Global Truck Market Demand Remains Weak, Report Says
The global market for commercial trucks is showing signs of recovery, but demand over the next few years is likely to stay far below the peak levels of 2006 in North America and 2008 in Europe, Standard & Poor’s Ratings Services said.
June 24, 2010Daily Briefings from Transport Topics
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Wabash Begins Production on 350 Reefers for Frozen Food Express
Trailer maker Wabash National Corp. said it has begun production on 350 new refrigerated van trailers for Frozen Food Express Industries, to be completed by September.
June 22, 2010Detroit Diesel to Increase Production at Mich. Plant
Engine maker Detroit Diesel Corp. said Friday it will spend $194 million to “substantially” increase production at its plant in Redford, Mich.
June 18, 2010OOIDA Plans EOBR Rule Challenge
The Owner-Operator Independent Drivers Association filed notice that it will challenge a new federal rule requiring fleets with poor hours-of-service records to use electronic onboard recorders to monitor drivers.
June 18, 2010Philadelphia Factory Index Declines
Manufacturing levels in the Philadelphia region declined in June but showed expansion, the Federal Reserve Bank of Philadelphia said Thursday.
June 17, 2010Class 8 Registrations Rise in 1Q as Fleets Seek Out ’09 Engines
Registrations of new Class 8 trucks in the United States totaled 25,635 in the first quarter, a 2.5% increase from a year earlier, R.L. Polk & Co. reported.
June 7, 2010ISM Services Index Unchanged in May
An index of the U.S. economy’s service sector was unchanged in May, the Institute for Supply Management said Thursday.
June 3, 2010ISM Factory Index Shows Continued Expansion
U.S. manufacturing activity showed expansion in May for the 10th straight consecutive month but slipped slightly from April, the Institute for Supply Management said Tuesday.
June 1, 2010April Orders for New Class 8s Rise 91%, ACT Report Says
New orders for heavy-duty trucks increased 91% in April, from the same month of 2009, ACT Research Co. reported.
May 25, 2010Philadelphia Factory Index Improves
Manufacturing levels in the Philadelphia region expanded in May, the Federal Reserve Bank of Philadelphia said Thursday.
May 20, 2010