North American Class 8 orders for December were 21,300, falling sharply from a year earlier but about at replacement level as production slots remain scarce and full-year orders set an all-time record.
January 4, 2019Search
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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.
Great Western Leasing and Sales Acquires All Points Equipment Leasing
Great Western Leasing and Sales, a full-service solutions provider to the flatbed and specialized trailer industry, has announced the acquisition of All Points Equipment Leasing. The move represents Great Western’s first expansion into the Midwest market, according to a Dec. 26 press release.
January 4, 2019Volvo Trucks to Take $780 Million Charge Over Emissions Flaw
Volvo AB, the world’s second-largest truck maker, will set aside $780 million (7 billion kronor) to address a faulty emissions-control component that’s worn out more quickly than expected.
January 4, 2019Used Class 8 Prices Rise as Inventory Tightens and Demand Slows, ACT Reports
The price of the average used Class 8 truck in November rose by $8,000 to $47,675 compared with a year earlier as inventory tightened, ACT Research Co. reported, noting demand for the vehicles is slowing in some quarters.
January 3, 2019Trucker Buddy Program Helps Drivers, Students Form Special Bond
To a child, large trucks can seem intimidating and truck drivers might be viewed as tough and unfriendly. A program called Trucker Buddy International helps squash misconceptions by connecting school-aged children with drivers.
January 2, 2019FMCSA OKs Stoneridge Camera System as Alternative to Mirrors
The Federal Motor Carrier Safety Administration on Dec. 26 announced it has issued a five-year exemption to Stoneridge Inc. to allow its aftermarket MirrorEye mirrorless digital camera and sensor system to be installed on trucks and motorcoaches as an alternative to traditional mirrors.
December 28, 2018Report: US Miscalculated Benefit of Better Train Brakes
BILLINGS, Mont. — President Donald Trump’s administration miscalculated the potential benefits of putting better brakes on trains that haul explosive fuels when it scrapped an Obama-era rule over cost concerns, The Associated Press has found. A government analysis used to justify the cancellation omitted up to $117 million in estimated future damages from train derailments that could be avoided by using electronic brakes.
December 27, 2018Levandowski Launches New Venture Pronto to Offer Level 2 Automation to Class 8 Truckers
Autonomous vehicle pioneer Anthony Levandowski has formed a new software company called Pronto. Its first aftermarket product, Copilot, provides camera-based self-driving technology for the Class 8 market.
December 21, 2018Marangoni Tread North America Announces Tennessee Plant Expansion
Marangoni Tread North America, a full-service retread products supplier, announced it had begun expanding its tread manufacturing plant in Tennessee.
December 21, 2018Daimler Delivers Freightliner Electric Truck to Penske
Daimler Trucks North America on Dec. 20 delivered to Penske Truck Leasing the first in a series of electric trucks Penske plans to deploy in California and the Pacific Northwest.
December 20, 2018