U.S. retail sales of medium-duty trucks fell across the board in May, landing below 15,000, WardsAuto.com reported.
June 12, 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.
Caterpillar Sales Drop Highlights Worry of ‘Catatonic’ Recovery
Caterpillar Inc.’s machinery sales dropped by the most in 10 years last month in a sign of a deepening slump in its Americas businesses, where the company has extended plant shutdowns.
June 12, 2020Truck Orders Slow to Crawl Amid Pandemic
Market uncertainty due to the effects of COVID-19 has depressed demand for new trucking equipment, with new Class 8 truck orders sinking to a 25-year low.
June 22, 2020Boeing, Suppliers Plunge on Stop-And-Go 737 Max Comeback
Shares of Boeing Co. and its largest suppliers sank June 11 after the planemaker pared output plans for its beleaguered 737 Max just two weeks after restarting work in its Seattle-area factory.
June 11, 2020BFGoodrich Unveils Tires Designed for LTL, Last-Mile Use
BFGoodrich introduced two tires designed for less-than-truckload and last-mile delivery applications in the package and delivery, food and beverage, and other same-day and next-day segments.
June 11, 2020Ford Recalls About 2.5 Million Vehicles for Latch, Brake Troubles
Ford is recalling about 2.5 million vehicles in the U.S., Canada and elsewhere because of a nagging door latch problem and a brake fluid leak.
June 11, 2020Class 8 Sales in May Fall to Lowest Point Since 2011
U.S. Class 8 retail sales in May tumbled 62.5% — during the heart of the novel coronavirus pandemic — to just above 9,000 compared with a year earlier, WardsAuto.com reported.
June 10, 2020Perspective: Federal Excise Tax Relief Can Aid Recovery
The coronavirus pandemic has changed the world. In the United States it altered the way our country operates and wreaked havoc on American businesses, but leaders in Washington responded with actions that helped mitigate the damage. I applaud these efforts and am confident that our economy will bounce back. But the work is not done.
June 15, 2020Ford Sees Plants Resuming Pre-Virus Production Within Weeks
Ford Motor Co. expects its U.S. plants will come all the way back from coronavirus-related shutdowns within the next month, a top executive said.
June 10, 2020Japanese Carmaker Honda Hit by Cyberattack
Japanese carmaker Honda said June 9 that it has been hit by a cyberattack that disrupted its business in several countries, though it expects the overall impact to be contained.
June 9, 2020