The memory of 2020 will be forever linked to the COVID-19 pandemic.
December 18, 2020Search
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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.
Year in Review: Trucking Emerges Strong After Challenging 2020
Trucking emerged from one of the most challenging years on record strong and battle-tested, as robust freight demand propelled by soaring demand for consumer goods amid the coronavirus pandemic boosted spot rates and lifted financial results for many publicly traded fleets.
December 18, 2020November Trailer Orders Remain Strong
U.S. trailer orders in November climbed to 39,500, ACT Research reported, as demand for dry vans powered ahead, along with refrigerated trailers and strengthening flatbed activity.
December 17, 2020CVSA Roadcheck Shows 20.9% Vehicle Out-of-Service Rate
The Commercial Vehicle Safety Alliance’s three-day International Roadcheck event resulted in an overall vehicle out-of-service rate of 20.9% in North America. That marks an increase from 17.9% recorded last year.
December 17, 2020Navistar Reports Fiscal Q4 Net Loss of $236 Million
Navistar International Corp. reported a net loss and lower revenue in its fiscal 2020 fourth quarter, citing tax-related items, the pandemic and charges on pre-existing warranties.
December 17, 2020EV Startup Canoo Fast-Tracks Launch of Commercial Delivery Van
Electric vehicle startup Canoo Holdings Ltd. is talking up the commercial vehicle sales part of a business model that has attracted more attention for its planned consumer-subscription service.
December 17, 2020Strong Freight Rates Drive Up Demand for Leased Trucks
The strong freight rates experienced by the transportation industry are driving an increase in truck leasing.
December 17, 2020Volkswagen Loses Top EU Court Case in Diesel Scandal
The European Union’s top court ruled that Volkswagen breached the law by installing on its cars a so-called defeat device to cheat on emission tests and cannot argue it was merely protecting car engines.
December 17, 2020Tesla Beats Detroit Rivals by Almost Two Years on Brake Safety
Tesla is the lone U.S. automaker to meet a commitment to equip all its models with automatic emergency braking almost two years ahead of schedule.
December 17, 2020Medium-Duty Sales Notch Year-Over-Year Increase in November
Classes 4-7 U.S. retail sales in November surpassed 18,000 and jumped nearly 10% compared with a year earlier as only Class 7 failed to post a year-over-year gain, WardsAuto.com reported.
December 15, 2020