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Class 8 Fleet Nears 4 Million; New Registrations Up 11%

The nations fleet of Class 8 trucks in operation climbed 5% during the first nine months of the year to a record 3.93 million, IHS Automotive reported, driven in part by an 11% jump in registrations of new trucks in the third quarter.

December 14, 2015

Class 8 Sales Decline 12.6%

U.S. retail sales of Class 8 trucks declined on a year-over-year basis in October for the first time in 26 months as a softer economy sent mixed signals to the industry.

November 23, 2015

Cummins to Cut Workforce as Truck Engine Sales Fall

Engine maker Cummins Inc. said last week it would reduce its workforce by 2,000 employees, or about 4% of its global payroll, and close or restructure some manufacturing facilities as a result of lower demand for its products, including truck engines.

November 1, 2015

Used Truck Prices Slump at Auctions, Analysts Say

A major auction of fleet-owned, model year 2012-2013 sleeper trucks in mid-September pulled in lower-than-expected prices and may have signaled the start of a market erosion, according to Chris Visser, an analyst with American Truck Dealers.

November 1, 2015

Class 8 Purchases Rise 4.5% in September as Buyers Invest in More Efficient Models

U.S. retail sales of Class 8 trucks totaled 20,972 in September, marking the seventh consecutive month when sales topped 20,000, WardsAuto.com reported.

October 19, 2015

Mack Inaugurates Drive-Axle Line After $30 Million Plant Investment

HAGERSTOWN, Md. Mack Trucks inaugurated its new drive-axle line here, the result of a two-year, $30 million investment that is part of the companys strategy of vertical integration of powertrain components engines, transmissions and axles.

October 19, 2015

FMCSA Says Report Supports CSA

The Federal Motor Carrier Safety Administration on Oct. 8 released a report that the agency said confirms data used in the Compliance, Safety, Accountabilitys safety measurement system is able to identify truck and bus companies involved in 90% of the more than 100,000 crashes each year.

October 8, 2015

Prices for Used Trucks Soften; Analysts Expect More Declines

The average sales price for used Class 8 vehicles softened in August amid a strong supply of lower-mileage aerodynamic sleepers and a continuing trend of price depreciation in the market overall, analysts said.

September 28, 2015

Tire Makers Expect GHG Proposal to Boost Low-Resistance Model Sales

Federal regulators have taken steps to push the trucking industry toward greater adoption of low-rolling-resistance tires on trucks and trailers in the years ahead, but developing these increasingly efficient tires involves more than simply tweaking a rubber compound, manufacturers said.

September 28, 2015