Keyword
new trucks
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Navistar posts Q2 loss, projects improving conditions
LISLE, Ill. – Navistar this morning reported a second quarter net loss of U.S. $80 million on revenues of $2.1 billion. The company said it expects truck sales to improve through the second half of the year, driven by backlog…
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Older is not always better
When it came to equipment renewal in recent years, many fleet owners adopted the thinking that older is better. A confluence of factors – the over-capacity caused by the deep recession followed by a slow and uncertain recovery; the higher…
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Pricier trucks won’t hurt leasing and financing markets: Frost & Sullivan
MOUNTAIN VIEW, Calif. — The rising costs of new trucks will not affect the viability of the North American Class 8 truck leasing and financing market, according to new research from Frost & Sullivan. Instead, researchers suggested, the market will…