Paccar Inc. reported a 35% jump in net income plus higher revenue for the third quarter as truck deliveries and aftermarket sales drove the results.
October 23, 2018BusinessEquipment
Paccar Increases Quarterly Dividend
Paccar Inc. declared a 12% increase to the regular quarterly cash dividend.
May 8, 2018BusinessEquipment
Paccar Sets Record for Quarterly Revenue
Paccar Inc. notched record quarterly revenue and soaring net income in the first quarter, benefiting from a truck market that continues to climb.
April 24, 2018BusinessEquipment
Medium-Duty Segment Ends Year With Steady Growth
U.S. retail sales of medium-duty trucks climbed 5.4% in December, with only Class 6 volumes dipping from a year earlier, WardsAuto.com reported.
January 16, 2018Business
Paccar Elects Harrie Schippers President
Paccar Inc.’s board has elected Harrie Schippers president, effective Jan. 1. He will also retain his current post of chief financial officer.
December 14, 2017BusinessEquipment
Paccar Declares Extra Cash Dividend
Paccar Inc. declared an extra cash dividend of $1.20 per share, payable Jan. 4 to stockholders of record at the close of business Dec. 14.
December 6, 2017BusinessEquipment
Kenworth Makes 7-Axle Straight Truck for Ag Hauler
Kenworth Truck Co. manufactured a 7-axle straight truck for White Oak Mills, marking the first time the OEM had made such a vehicle starting with its T880S platform.
September 11, 2017BusinessEquipment
Paccar Parts Reaches Milestone With 100th TRP Store
The new store, opened by Kenworth of Louisiana, is located in Alexandria, La., and builds on a network of TRP stores that began in 2013 in Europe, the United Kingdom and in Mexico, according to the Renton, Wash.-based company.
September 5, 2017BusinessTechnologyEquipment
Putting Paccar’s New Automated Transmission to the Test
MOUNT VERNON, Wash. — Paccar’s new automated transmissions were put through testing and demonstrations during a daylong launch event at the company’s technical center here, as media were given the chance to experience the new units firsthand.
August 24, 2017BusinessEquipment
Class 8 Sales Increase 8.7% in July
U.S. retail sales of Class 8 trucks rose in July, the first year-over-year gain since November 2015, amid reports carriers have begun expanding fleet size to meet rising demand now or to prepare for expected growth in 2018.
August 16, 2017