Transportation ECONOMIC WATCH: Trailer orders slid 51% in 2019 January 22, 2020 COLUMBUS, Ind. – U.S. trailer net orders finished 2019 down 51% from full-year 2018 levels, while December orders were off by 13% from November, according to ACT Research. “While seven…
Business Management ECONOMIC WATCH: Class 8 orders rebounded in December January 6, 2020 COLUMBUS, Ind. – Preliminary Class 8 truck orders reported by ACT Research totaled 20,000 units in December, up 14% from November and down just 6.5% year-over-year. “Overbuying through 2019 and…
Equipment Equipment sellers to see tougher conditions in 2020: ACT Research December 19, 2019 COLUMBUS, Ind. – Tougher conditions are in store for medium- and heavy-duty truck sellers in 2020, according to ACT Research’s latest State of the Industry: NA Classes 5-8 report. “After…
Equipment Fleet survey reveals modest purchase plans October 28, 2019 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…
Business Management Spot market loads, trucks, both declined in September October 18, 2019 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,…
Transportation JLD-Lague expands to offer Peterbilt trucks June 11, 2019 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…
Equipment Trailer order cancellations on the rise June 3, 2019 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…
Equipment Trailer demand softening May 21, 2019 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…
Business Management Ritchie Bros.’ largest annual Canadian auction in Edmonton April 30 April 22, 2019 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…
Equipment Class 8 orders start year on down note February 6, 2019 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…
Business Management New president/CEO leading Magnum Trailer and Equipment November 13, 2018 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…
Human Resources Tremcar West adds to vacuum units and equipment sales team October 9, 2018 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…
Business Management Pride Trucks Sales opens U.S. location with more to come August 31, 2018 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…
Business Management Price of petroleum was down in Q3: Stats Can February 15, 2018 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…
Equipment More U.S. fleets looking to add equipment: ACT Research June 19, 2017 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…
