The less-than-truckload sector is moving through summer with strong tailwinds at its back, experts say.
July 1, 2021Search
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Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Mack to Sell LR Electric Refuse Trucks to DSNY
Mack Trucks announced the New York City Department of Sanitation plans to purchase seven Mack LR Electric refuse models, which will operate in each of the city’s boroughs.
June 30, 2021FleetPride Partners With TRW for ZF Remanufactured Steering Gears
Aftermarket parts distributor FleetPride announced it reached a preferred supplier agreement to provide TRW-remanufactured steering gears from ZF.
June 29, 2021Average Used Class 8 in May Brings All-Time High Price
The average sales price for a used Class 8 vehicle sold in May set the all-time record, jumping ahead of April’s claim to that title, amid the trend of strong demand for trucks once again outpacing the available supply, ACT Research reported.
June 29, 2021Mack Opens Dedicated Production Line for Army Truck
Mack Defense, a unit of Mack Trucks, announced it is now producing heavy dump trucks at the Mack Experience Center, after a $6.5 million investment to create a dedicated production line at the facility in Allentown, Pa.
June 25, 2021Mullen Group Completes Acquisition of Two Companies
Mullen Group has closed acquisitions on two transportation businesses, the Okotoks, Alberta, company announced June 24.
June 25, 2021Appeals Court Rules in Favor of U.S. Xpress in Driver Pay Dispute
A U.S. appeals court has issued an opinion in favor of U.S. Xpress Enterprises in a class-action case in which California truck drivers argued they should have been paid for nondriving work time, even while under a piece-rate basis agreement with the carrier to transport a load.
June 24, 2021US Durable Goods Orders Rise 2.3% in May
Orders to U.S. factories for big-ticket manufactured goods rose for the 12th time in the last 13 months in May, pulled up by surging demand for civilian aircraft.
June 24, 2021Some Used Vehicles Now Cost More Than Original Sticker Price
When it was new, the window sticker price on a typical 2019 Toyota Tacoma SR double cab pickup was just under $29,000. Two years later, dealers are paying almost $1,000 more than that to buy the same vehicle, even though it’s used.
June 23, 2021FET on Heavy-Duty Trucks Deters Sales, ATD Says
Industry-led attempts to repeal the 12% federal excise tax on heavy-duty trucks, which also covers trailers more than 26,000 pounds, went — yet again — to Capitol Hill.
June 23, 2021