The utilization rate of rental and lease trailers continues at historic highs amid industry consolidation and a shift to more rentals and away from long-term leases, according to an industry survey released in August.
September 2, 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.
Shale Loses Another Global Giant After Schlumberger’s Frack Sale
Schlumberger has become the biggest oil service industry player yet to abandon frack work in North America, a sign that activity in the U.S. shale patch may never revisit previous highs.
September 1, 2020Manufacturing Expands at Fastest Pace Since Late 2018
U.S. manufacturing expanded in August at the fastest pace since late 2018, powered by growth in new orders that are a bright spot in an otherwise struggling economy.
September 1, 2020Robert Mercer, Former Goodyear CEO, Dies at 96
Robert E. Mercer, a former chairman and CEO of the Goodyear Tire & Rubber Co., died Aug. 28 at the age of 96.
September 1, 2020Ford Ends Ventilator Production After Making 50,000
Ford is ending production of ventilators and returning the factory where they were built to full-time auto-parts output after completing delivering 50,000 ventilators to the government.
August 31, 2020Continental Makes Leadership Changes in Truck Tire Business
Continental announced the appointment of two new leaders Aug. 25 for the truck tires division in the Americas region.
August 28, 2020Intelligent Trailer Technology Advances
Imagine that a half-loaded trailer sitting in a yard for five days could tell you that its right front outside tire had low air pressure. For a trailer equipped with telematics technology capable of powering itself untethered to a tractor, such a scenario is not only possible, but doable.
August 31, 2020Stoughton Hires Two for Key Executive Posts
Stoughton Trailers announced two executive appointments, naming Sue Vanderbilt chief financial officer and Jeremy Sanders chief commercial officer.
August 28, 2020Bollinger Plans All-Electric Delivery Van
Bollinger Motors, a startup already developing an electric pickup truck and large SUV, plans to go into the commercial vehicle business.
August 28, 2020Used Class 8 Sales Decline 16.3% Year-Over-Year in July
Used Class 8 vehicles in July were, on average, younger, cost less and had about the same mileage compared to a year earlier, ACT Research reported.
August 27, 2020