Equipment ECONOMIC WATCH: September third best month ever for trailer orders October 22, 2020 COLUMBUS, Ind. – U.S. trailer orders surged to their third highest levels ever in September, according to ACT Research. Orders of 51,208 units were up 82% from August and 174%…
Business Management ECONOMIC WATCH: Renewed fleet confidence fueling stronger Class 8 truck demand October 5, 2020 BLOOMINGTON, Ind. – Fleet confidence has returned in the form of strengthening Class 8 truck orders, which surged in September to 32,000 units according to preliminary data from FTR. That’s…
Equipment Bendix takes over brake joint venture with Dana October 1, 2020 ELYRIA, Ohio – Bendix Commercial Vehicle Systems has bought Dana out of their Bendix Spicer Foundation Brake (BSFB) joint venture. Dana had controlled a 20% interest in the joint venture.
Equipment ECONOMIC WATCH: Fleets’ ‘renewed confidence’ reflected in trailer orders August 18, 2020 BLOOMINGTON, Ind. – U.S. trailer orders reached their highest level of the year in July, at 19,300 units, according to FTR. July order activity was up 33% from June and…
Equipment Hendrickson acquires Stemco business units August 17, 2020 WOODRIDGE, Ill. – Hendrickson has announced its acquisition of the Motor Wheel Brake Drum and Crewson slack adjuster businesses from Stemco. Both operations will be run as a division of…
Equipment ECONOMIC WATCH: Strengthening freight markets drive stronger truck orders August 5, 2020 BLOOMINGTON & COLUMBUS, Ind. – Truck orders stormed back in July, with Class 8 orders marking the strongest month since October 2019 and Classes 5-8 orders reaching a six-month high.
Equipment Falcon Equipment expands product line June 22, 2020 SURREY, B.C. – Falcon Equipment has added Beauroc dump bodies to its line, as its exclusive dealer in B.C., Alberta, Saskatchewan and Manitoba. It has also become a Parker Motion…
Equipment ECONOMIC WATCH: ‘Signs of life’ in trailer market, FTR says June 18, 2020 BLOOMINGTON, Ind. – Final net trailer orders for May totaled just 4,300 units, up 1,200% from “dismal” April activity but down 64% year-over-year with elevated cancelations, FTR reported. All segments…
Equipment ZF finalizes Wabco acquisition May 29, 2020 FRIEDRICHSHAFEN, Germany – ZF has announced it has closed its acquisition of Wabco, forming a global integrated systems provider for commercial vehicle technologies. With the acquisition complete, ZF’s focus will…
Equipment Ritchie Bros.’ first online-only auction a success May 19, 2020 EDMONTON, Alta. – Ritchie Bros.’ transition to online-only auctions didn’t dampen business at its very first online-only auction in Edmonton, Alta., May 11-15. A total of 10,700 pieces of equipment…
Equipment ECONOMIC WATCH: April trailer orders set historic low May 15, 2020 BLOOMINGTON, Ind. – April trailer orders plunged to 300 units, the lowest level in the modern era, according to preliminary data from FTR. Orders are from U.S. manufacturers, and include…
Equipment ACT Research slashes forecast for nat-gas truck sales April 22, 2020 COLUMBUS, Ind. – Class 8 natural gas truck sales are expected to nosedive, after a strong start to 2020, according to ACT Research’s Alternative Fuels Quarterly report. Retail sales were…
Equipment ECONOMIC WATCH: Trailer orders fall precipitously April 16, 2020 BLOOMINGTON, Ind. – U.S. trailer orders in March fell 54% from depressed February levels, to 6,500 units, according to preliminary data from FTR. Orders were down 55% from March 2019,…
Transportation ECONOMIC WATCH: ACT reassessing commercial vehicle demand, economic expectations April 3, 2020 COLUMBUS, Ind. – ACT Research has reported U.S. port and rail volumes are just now beginning to reflect the drop in Chinese output related to the global Covid-19 pandemic. In…
Business Management Connecting carriers in need with those struggling during Covid-19 relief effort March 30, 2020 EDMONTON, Alta. – Though some carriers are racking up the miles during the Covid-19 crisis to meet increased demand, others are struggling. The Alberta Motor Transport Association (AMTA) recognizes that…
