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PacLease Celebrates 40 Years in Business

PacLease, a full-service truck rental and leasing company, reached the milestones of 40 years in business and 40,000 trucks being used.

June 16, 2020

Is Tesla Bigger Than Toyota? It’s Complicated

Many investors, including those using financial data terminals such as Bloomberg’s, were seeing something very different — that Tesla still had to gain more than $25 billion in market value to surpass Toyota.

June 15, 2020

KLLM Adds Intermodal Containers With Vector 1550 Refrigeration Units

KLLM Transport Services has added 610 domestic intermodal refrigerated containers that use Carrier Transicold’s thin-profile Vector 1550 refrigeration systems.

June 15, 2020

Medium-Duty Sales Tumble 33% in May

U.S. retail sales of medium-duty trucks fell across the board in May, landing below 15,000, WardsAuto.com reported.

June 12, 2020

Caterpillar Sales Drop Highlights Worry of ‘Catatonic’ Recovery

Caterpillar Inc.’s machinery sales dropped by the most in 10 years last month in a sign of a deepening slump in its Americas businesses, where the company has extended plant shutdowns.

June 12, 2020

Truck Orders Slow to Crawl Amid Pandemic

Market uncertainty due to the effects of COVID-19 has depressed demand for new trucking equipment, with new Class 8 truck orders sinking to a 25-year low.

June 22, 2020

Boeing, Suppliers Plunge on Stop-And-Go 737 Max Comeback

Shares of Boeing Co. and its largest suppliers sank June 11 after the planemaker pared output plans for its beleaguered 737 Max just two weeks after restarting work in its Seattle-area factory.

June 11, 2020

BFGoodrich Unveils Tires Designed for LTL, Last-Mile Use

BFGoodrich introduced two tires designed for less-than-truckload and last-mile delivery applications in the package and delivery, food and beverage, and other same-day and next-day segments.

June 11, 2020

Ford Recalls About 2.5 Million Vehicles for Latch, Brake Troubles

Ford is recalling about 2.5 million vehicles in the U.S., Canada and elsewhere because of a nagging door latch problem and a brake fluid leak.

June 11, 2020