Keyword
equipment
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Fleet survey reveals modest purchase plans
COLUMBUS, Ohio – A survey released Monday by CK Commercial Vehicle Research suggests that most fleets have modest equipment purchase plans for 2020. The 2019 semi-annual fleet sentiment survey was conducted in August and September. It also identified multiple factors…
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Spot market loads, trucks, both declined in September
TORONTO, Ont. – Canadian spot market load volumes were in line with normal seasonal trends in the third quarter, and the truck-to-load ratio did not change from August to September, according to the latest data from TransCore Link Logistics. Freight…
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JLD-Lague expands to offer Peterbilt trucks
LAVAL, Que. – JLD-Lague has received a capital injection of $13.5 million to expand its operations and acquire TransDiff and Centre de transmission JDH in Quebec City. The funding came from Fonds de solidarite FTQ and Fondaction Invest, to the…
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Trailer order cancellations on the rise
COLUMBUS, Ind. – Trailer orders are down 37% year to date through April, but fleets are still willing to place orders, ACT Research reports. “Year-to-date net orders through April were just over 80,000 units, down 37% from last year, but…
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Trailer demand softening
COLUMBUS, Ind. – April trailer orders totaled 14,500 units, according to preliminary data from ACT Research, which reflected soft demand for the second straight month. “Order volume was soft in April for the second straight month. Several factors appear to…
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Ritchie Bros.’ largest annual Canadian auction in Edmonton April 30
EDMONTON, Alta. – Ritchie Bros. Auctioneers is gearing up for its biggest annual Canadian auction, which will take place in Edmonton April 30. Nearly 11,000 trucks and equipment items are already set to be sold during the five-day event. “We…
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Class 8 orders start year on down note
COLUMBUS, Ind. – The North American trucking industry booked 15,800 Class 8 trucks in January, down 26% from December and 68% off last January’s pace. Preliminary data from ACT Research also showed medium-duty orders rising to 23,400 units. “With near-record…
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New president/CEO leading Magnum Trailer and Equipment
ABBOTSFORD, B.C. – Magnum Trailer and Equipment has named Andrew Taylor as its president and CEO. “Magnum has a huge opportunity in the transportation equipment market. Our products and services are designed to protect trucks and their drivers and improve…
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Tremcar West adds to vacuum units and equipment sales team
EDMONTON, Alta. – Tremcar West has appointed Geoff Dowson as its regional sales manager for vacuum units and equipment. With over 18 years of experience in the vac industry, Dowson was previous employed by Westech Vac Systems for more than…
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Pride Trucks Sales opens U.S. location with more to come
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…
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Price of petroleum was down in Q3: Stats Can
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…
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More U.S. fleets looking to add equipment: ACT Research
COLUMBUS, Ind. – Fleets in the U.S. are indicating strong intentions to purchase new equipment, according to the latest ACT For-Hire Trucking Index. It showed that May’s purchase intentions remain elevated, recording the strongest three-month sequential reading since the third…
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Ritchie Bros.’ Edmonton auction to offer ‘supermarket of equipment’
EDMONTON, Alta. – There will be no shortage of items to choose from at this month’s Ritchie Bros. auction in Edmonton, Alta., with just under 8,000 on the list. The four-day event will feature more than 210 truck tractors, over…
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Truck orders pick up in January
COLUMBUS, Ind. – Class 8 order activity reached a 13-month high in January, according to the latest data from ACT Research. Class 8 orders came in at 22,188 units, suggesting the current cycle bottomed out in the second and third…
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US fleets increase equipment buying intentions
COLUMBUS, Ohio – More US fleets are planning to buy new equipment in the first quarter of this year than last year, according to the latest Fleet Sentiment Survey conducted by CK Commercial Vehicle Research (CKCVR). The survey indicates a…
