Truck News


Keyword
Economy


  • U.S. economy should remain strong: FTR

    October 11, 2018 12:26PM by James Menzies

    COLUMBUS, Ind. – The U.S. economy is “in a good place” and expected to stay there through 2019. That was the assessment of Bill Witte, senior economist with FTR, who gave an economic update to subscribers during a State of

  • ‘Tortoise recovery’ expected to continue

    September 12, 2018 12:39PM by James Menzies

    No signs a recession is looming

  • Pride Truck Sales opens new locations in Calif.

    September 7, 2018 11:04AM by Truck News

    FONTANA, Calif. – Canadian pre-owned retailer Pride Truck Sales is expanding again. The company announced two new U.S. locations opening in Fontana and Stockton, Calif. this week. Both dealerships are said to offer a wide variety of pre-owned heavy- and

  • Pride Trucks Sales opens U.S. location with more to come

    August 31, 2018 1:57PM by elizabeth

    TOLEDO, Ohio – Canadian retailer of pre-owned trucks and trailers, Pride Truck Sales, has expanded again opening a new facility in Toledo, Ohio this week. The Mississauga-based company says the new location came about after customer requests to add a

  • More than $700 billion generated by trucking in the U.S. in 2017: ATA

    August 20, 2018 3:39PM by Truck News

    ARLINGTON, Va. – The U.S. trucking industry was generated more than $700 billion dollars in revenue in 2017 according to the American Trucking Associations (ATA). The organization released its annual collection of trucking data, the “ATA American Trucking Trends 2018.”

  • Trucking conditions to remain strong for next year: FTR

    August 20, 2018 1:15PM by Truck News

    BLOOMINGTON, Ind. – Trucking capacity remains extremely tight, according to the latest FTR Trucking Conditions Index, which remained unchanged from May in June. Conditions for truckers are at their most favorable, the index suggests, with the capacity crunch at its

  • Amazon to open two new distribution centers

    July 26, 2018 12:14PM by Truck News

    CALEDON, Ont. – For the second time this month Amazon has announced a new fulfilment center in Ontario, with centers set to open in Caledon and Ottawa by the end of 2019. The online retail giant will add more than

  • Class 8 orders remain strong in May: FTR

    June 5, 2018 4:04PM by Truck News

    BLOOMINGTON, Ind. – Preliminary North American Class 8 orders for May were strong according to analysts at FTR Transportation Intelligence. The forecasting company reports preliminary North American orders sitting at 35,200 units last month, falling slightly below the six-month average

  • Full speed ahead for B.C. trucking industry

    May 12, 2018 6:52PM by Truck West

    ABBOTSFORD, B.C. – The trucking industry is thriving in B.C., with recent growth around 5%, and expected to remain at that level, which is well above the national average. That’s according to Helmut Pastrick, chief economist for Central 1 Credit

  • Trucking conditions have never been better: FTR

    April 16, 2018 12:05PM by Truck News

    BLOOMINGTON, Ind. – Trucking conditions have never been better, according to the latest FTR Trucking Conditions Index. The February index reached its highest reading since it was developed in 1992. The Truck Loading Index is expected to grow 4-6% year-over-year

  • Remorques Lewis completes acquisition deal with BWS; introduces new trailer

    March 16, 2018 11:59AM by Truck News

    QUEBEC CITY, Que. – The owner of Remorques Lewis has acquired trailer manufacturer BWS Manufacturing. (BWS) headquartered in Centerville, N.B. Hugo St-Cyr made a move on BWS, acquiring a majority of shares in the company, after he became interested in

  • News Equipment

    February trailer orders “red hot”: FTR

    March 16, 2018 9:43AM by Truck News

    BLOOMINGTON, Ind. – February marked a record month for trailer orders, according to preliminary data from FTR. Orders came in at 32,000 units, a 24% year-over-year increase but 20% off January 2018 orders. But it marked the fifth consecutive month

  • News Equipment

    February truck orders an “all-time great month”: ACT

    March 2, 2018 9:25PM by Truck News

    COLUMBUS, Ind. – Trucking companies continue to order trucks in near-record numbers. ACT Research reports that preliminary Classes 5-8 orders in February came in at 67,700 units, making it the third strongest order month since the 2006 pre-buy. It is

  • Price of petroleum was down in Q3: Stats Can

    February 15, 2018 10:36AM by Truck News

    OTTAWA, ON – The price of petroleum dropped again in the third quarter of 2017 reports Statistics Canada. The federal agency released the unadjusted Wholesale Services Price Index for the middle of last year, showing the change in the price

  • Jobs dip in month-to-month in January

    February 14, 2018 7:01PM by Truck News

    OTTAWA, ON – The Canadian trucking industry saw a dip in jobs in January according to statistics Canada. The agency released job numbers for the first month of the year showing just under 6,000 jobs were lost from December 2017