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IAA Commercial Vehicles Show Canceled Over Pandemic Concerns

The organizer of IAA Commercial Vehicles 2020 has canceled the truck show scheduled for Sept. 24-30 in Hanover, Germany, due to the COVID-19 pandemic.

May 19, 2020

Trump to Announce Rules for Broad $19 Billion Farm Bailout

President Donald Trump is set to unveil rules May 19 for a $19 billion coronavirus farm aid package covering a broad swath of American agriculture that producers can begin claiming by next week.

May 19, 2020

Comcar Industries Declares Bankruptcy

Comcar Industries announced May 17 it is filing for Chapter 11 bankruptcy protection and plans to sell its five operating companies as part of the legal process.

May 18, 2020

US Trailer Orders Hit 30-Year Low in April

U.S. trailer orders in April fell to a 30-year low amid severe recessionary pressures, FTR reported.

May 18, 2020

Palmer Trucks Adds Indiana Dealership

Palmer Trucks announced its dealership in Louisville, Ky., was scheduled to open a new Kenworth Truck Co. parts and service dealership in Sellersburg, Ind., with limited services May 18 and with tentative plans to offer full service beginning June 1.

May 15, 2020

Daimler Halts SUV Production at US Plant Over Mexico Parts Delays

Daimler AG is suspending production at a Mercedes-Benz SUV plant that was one of the first in the U.S. to reopen due to a shortage of parts supplied from Mexico.

May 15, 2020

Wabash Reports Q1 Net Loss, Revenue Drop

Wabash National Corp. reported a first-quarter net loss and lower revenue.

May 14, 2020

Medium-Duty Sales in April Fall, but Some Positives Seen in Lighter Segments

U.S. retail sales of medium-duty trucks were supported in an otherwise abysmal April by a modest gain in the lighter segments. Overall sales fell 29% compared with a year earlier, WardsAuto.com reported.

May 13, 2020

Class 8 Sales Fall 47.4% in April

Class 8 U.S. retail sales in April plunged 47.4% as freight demand plummeted amid the novel coronavirus pandemic, WardsAuto.com reported.

May 12, 2020