Used Class 8 sales rose in December along with double-digit gains in prices as the average heavy-duty truck’s mileage and age remained below year-earlier levels, ACT Research reported.
January 28, 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.
Shortages, Economy Top Concerns in Aftermarket Sector
Shortages of technicians and drivers, and general economic growth topped the list of concerns in the aftermarket sector, an industry analyst said Jan. 26.
January 27, 2021Nikola Backer Luxor Invests in European Electric Truck Startup
Nikola Corp. backer Luxor Capital Group LP is investing in European electric truck startup Volta Trucks AB to help the company scale its manufacturing and expand into North America and Asia.
January 27, 2021Walmart to Build More Robot-Filled Warehouses at Stores
NEW YORK — Walmart is enlisting the help of robots to keep up with a surge in online orders.
January 27, 2021Trucking Becomes More Focused on Health, Efficiency
Trucking embraced risk management and technology that drives efficiency in response to the coronavirus pandemic, industry leaders said in a panel discussion Jan. 25.
January 26, 2021Paccar Q4 Earnings, Revenue Drop
Paccar Inc. posted lower fourth-quarter net income and revenue while achieving record quarterly parts revenue and notching its record market share for medium-duty vehicles sold in the U.S. and Canada.
January 26, 2021Conway Beam Expands Dealership in Western New York
Truck dealership Conway Beam Truck Group announced it invested $16.2 million with the opening of a new 75,000-square-foot location in West Seneca, N.Y.
January 22, 2021Mack Enhances Axle Warranties on Model Year 2022 Trucks
Mack Trucks announced it extended the time and mileage coverage for its standard Mack axle warranties on model year 2022 vehicles.
January 22, 2021Lightning eMotors Expands Manufacturing Footprint
Lightning eMotors, a provider of electric powertrains for a range of commercial vehicles, announced it is adding 107,000 square feet to the footprint of its headquarters in Loveland, Colo.
January 22, 2021Baker Hughes Sees Up to Four LNG Investment Decisions in 2021
Baker Hughes Co. expects as many as four liquefied natural gas projects globally to move to a final investment decision this year amid a global revival of the fuel after last year’s pandemic-induced collapse.
January 21, 2021