Equipment Trailer orders rise in March, 2021 order boards nearly full April 14, 2021 U.S. trailer orders rose 6.4% in March to 27,400 units, according to preliminary data from FTR. The industry analyst says a few large dry van fleets increased 2021 orders, while…
Equipment Trailer makers struggling to meet demand March 11, 2021 Demand for new trailers remained strong in February, with 24,200 orders placed, but the backlog continues to grow as manufacturers wrestle with supply and labor shortages. February’s preliminary net orders…
Equipment Trailer makers struggling to meet demand March 1, 2021 January trailer orders exceeded build rates by 66% in January, according to ACT Research, pushing the industry backlog higher over the past seven months. In its Trailer Components Report, ACT…
Business Management Don’t get stuck in your spec’ January 15, 2021 Spec’ing the right powertrain for your fleet’s application often equates to a tug-of-war between various priorities. Do you spec’ for efficiency, but sacrifice performance and risk aggravating drivers? Or do…
Equipment Trailer market finishes 2020 on strong note January 13, 2021 Despite the Covid-19 pandemic, 2020 net trailer orders finished the year 40% stronger than in 2019, according to industry analyst ACT Research. U.S. trailer manufacturers took 42,500 net orders in…
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…