trucks News Updates

Business

LTL Sector Outlook Brightens as Rate Hikes Stick, Experts Say

Following recent rate increase announcements by three major less-than-truckload carriers, industry experts said the LTL sector has turned the corner toward profitability, with shipment volumes, tonnage and rates all improving, but not yet soaring.

October 11, 2010
Business

OEMs Celebrate Survival, Say Business Is Improving

HANOVER, Germany The magic word at last weeks opening of the worlds biggest truck show seemed to be survival, as various manufacturers congratulated themselves and their remaining competitors for having survived the worst economic times since the end of World War II.

September 27, 2010
Business

Truckload Firms Link Rate Gains to Tightened Capacity

NEW YORK Many carriers, particularly in the truckload sector, said they are winning rate increases from shippers that typically are at least 5%, reflecting the industrys tight capacity.

September 20, 2010
Business

August Truck Sales Jump

U.S. Class 8 truck sales climbed 23.5% in August from year-ago levels, pushing sales for the first eight months of 2010 to 16.5% higher than last years results for the comparable period, WardsAuto.com reported.

September 20, 2010
Business

New Truck Orders Rise Sharply in August

New orders for Class 8 trucks in North America climbed sharply in August, two commercial vehicle research companies said in preliminary reports.

September 13, 2010
Business

Former Freightliner Exec Schmueckle Leaves Daimler

Rainer Schmueckle, the former head of Daimler Trucks North America, has left parent company Daimler AG after heading the German companys Mercedes-Benz auto unit for five years, Bloomberg reported.

September 1, 2010
Business

Used Truck Sales, Pricing Strong as Firms Move to Renew Fleets

Used truck sales and prices are climbing steadily as fleets hunt for cost-effective alternatives to new trucks, according to a new research report and industry officials.

August 30, 2010
Business

Used Truck Interest Grows

Registrations of used Class 8 trucks nearly doubled in the second quarter, far outpacing new truck activity as fleets snapped up both late-model used tractors and older vehicles, a new R.L. Polk & Co. report said.

August 23, 2010
Business

More U.S. Goods Face Tariffs in Mexican Trucking Dispute

The Mexican government last week imposed a second round of retaliatory tariffs on U.S. exports to protest the closing of the common national boundary to cross-border trucking and said the United States has yet to propose a plan to allow trucks from Mexico to deliver in the United States.

August 23, 2010
Business

USA Truck Sets Rail Intermodal Container Service With BNSF

USA Truck has entered into a long-term agreement with BNSF Railway Co. to provide transport of private domestic intermodal containers.

August 18, 2010