Truck News


Keyword
Economy


  • Economic yellow lights flashing, ACT warns

    February 12, 2019 10:21AM by Truck News

    COLUMBUS, Ind. – Yellow lights continue to burn for the U.S. economy and the North American commercial vehicle industry, ACT Research reports. “While the outlook has less of an orange tinge, sufficient caution flags remain to keep the yellow light

  • News Equipment

    Backlogs to blame for slowdown in Class 8 orders

    January 23, 2019 10:36AM by Truck News

    COLUMBUS, Ind. – Demand for heavy trucks remains strong despite a slowdown in orders, according to ACT Research. Three drivers include: the fact the freight rate markdown is from record levels; the addition of new technologies that improve fuel economy

  • ‘Sectoral recessions’ likely in 2019: ACT Research

    January 22, 2019 7:34AM by Truck News

    COLUMBUS, Ind. – The commercial vehicle market remains strong, but the U.S. economy is expected to decelerate, according to a report from ACT Research. ACT’s Transportation Digest noted Class 8 truck orders enter 2019 with positive momentum from a record-setting

  • ACT Research: Yellow lights are flashing

    January 14, 2019 7:35AM by Truck News

    COLUMBUS, Ind. – ACT Research has reported yellow lights are flashing for the U.S. economy, and by extension, for the North American commercial vehicle industry. “Over the course of Q4 2018, the list of indicators flashing yellow became longer and

  • Freight market returning to ‘normal’: FTR

    January 10, 2019 12:01PM by James Menzies

    INDIANAPOLIS, Ind. – The fundamentals driving 2019 freight demand remain “relatively healthy” and should result in a growing, but not explosive, transport sector. That was the assessment of Avery Vise, vice-president of trucking for FTR, who addressed the topic during

  • Fleet growth to outstrip freight growth in 2019: ACT

    December 20, 2018 7:18AM by Truck News

    COLUMBUS, Ind. – ACT Research says the commercial vehicle industry is maintaining its momentum, but could slow in the second half of 2019. The company produced its Transportation Digest, reporting that the Class 8 truck market continued to extend all-time

  • Trucking to grow at slower pace: FTR

    December 13, 2018 12:24PM by James Menzies

    COLUMBUS, Ind. – The surge in truck loadings seen in 2017 and into 2018 has begun to subside, and trucking’s growth is expected to slow in 2019, according to Avery Vise, vice-president of trucking for FTR. Speaking during FTR’s State

  • Brace for rougher 2019: Mark Seymour

    November 14, 2018 3:08PM by James Menzies

    BRAMPTON, Ont. — “Fasten your seatbelts in 2019, we’re going to be in for maybe a little bit of a rough ride.” That was the sobering warning from Mark Seymour today, who was participating in a panel discussion at the

  • OTA welcomes Ford’s Making Ontario Open for Business Act

    October 24, 2018 1:05PM by Truck News

    TORONTO, Ont. – The Ontario Trucking Association (OTA) is welcoming Ontario Premier Doug Ford’s position on Bill 148, and the Making Ontario Open for Business Act. “The Ontario trucking industry’s hundreds of thousands of workers need a healthy, viable 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