Daimler Trucks North America CEO Roger Nielsen sees the production and sale of new trucks reaching replacement levels by the end of 2020.
August 27, 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.
Contract Rates Nearing Possible Jump Amid Rising Spot Prices
The trucking industry could soon see a jump in contract rates if the current environment holds steady, experts said.
August 26, 2020Schneider to Test Freightliner eCascadia Through 2021
Schneider said it will test the Freightliner eCascadia through 2021 to address potential challenges to widespread use of commercial battery-electric vehicles.
August 26, 2020Durable Goods Orders Unexpectedly Accelerate in July
U.S. orders for durable goods rose in July by more than double estimates amid a continued surge in automobile demand, indicating factories will help support the economic rebound in coming months.
August 26, 2020Mercedes-Benz to Discontinue Freightliner Sprinter Van
Mercedes-Benz AG announced the Freightliner Sprinter van will be discontinued and all retail sales completed by Dec. 31, 2021.
August 25, 2020Hendrickson Acquires Two Stemco Business Segments
Hendrickson announced it acquired the Motor Wheel brake drum and Crewson slack adjuster business segments from Stemco, which in June reported it is refocusing resources on its core wheel-end and king pin product lines.
August 24, 2020Private Carriers Have Adjusted Their Operations for the Long Haul
Our 2020 Top 100 Private Carriers list shows that the COVID-19 pandemic is reshaping private carriers in ways that will last long after the novel coronavirus subsides.
August 29, 2020Deere Raises Outlook With Farm Demand Cushioning Downturn
Deere & Co., the largest maker of agricultural machinery, increased its sales outlook for the year as farm equipment demand remained resilient despite an “uncertain” market due to the coronavirus pandemic.
August 21, 2020Equipment Finance Leaders Report Improved Confidence
Confidence in the equipment finance market rose in August, according to the Equipment Leasing & Finance Foundation.
August 20, 2020Day & Ross Continues Growth Plan by Expanding Into Ohio
Day & Ross detailed the potential next steps of its multiyear expansion plan amid the completion of a new facility Aug. 19.
August 20, 2020