The average used Class 8 truck brought a higher sales price in May than in the same month a year earlier, but with inventories gradually building and growth in the freight market slowing down after last year’s boom, analysts are divided on the long-term outlook for values.
Category: News
Trailer Orders in May Fall to Lowest Point in Nearly Three Years
U.S. trailer orders plunged below 11,000 in May to the lowest point in nearly three years, tracking the orders for Class 8 vehicles that plummeted earlier in the month.
China Maintains Negotiating Stance Ahead of Trade Talks
There’s no change to China’s conditions for making a trade deal with the United States as the nations’ leaders prepare to meet this weekend, a government spokesman said.
China Maintains Negotiating Stance Ahead of Trade Talks
There’s no change to China’s conditions for making a trade deal with the United States as the nations’ leaders prepare to meet this weekend, a government spokesman said.
Experts: Trucking Companies Should Use Data Collected to Improve Margins, Decrease Downtime
ARLINGTON, Va. — Trucking companies that effectively mine the data generated by their operations can free up time and capital to invest in other areas of their businesses, experts said at an industry meeting here.
VW Piles Into Crowded Car-Sharing Market With All-Electric Fleet
Volkswagen AG will dive into the increasingly crowded car-sharing market with its WeShare offering, which will seek to distinguish itself from rivals with an electric-only fleet.
Ford Looks to Cash In on Off-Roader Appetite for Fatter Tires
Ford Motor Co. is going after a greater cut of a lucrative business: those willing to pay big bucks for pricey pickup accessories such as big, off-road tires and kits to jack up their trucks.
PepsiCo to Switch From Plastic to Cans for Aquafina Water
PepsiCo Inc., facing an industrywide backlash against plastic, will experiment with putting its Aquafina water in cans.
Vehicle Maintenance Reporting Standards Tackle Latest Challenges
ARLINGTON, Va. — Vehicle Maintenance Reporting Standards emerged nearly 50 years ago and are used by many different organizations across the trucking industry, but there are aspects of them that deserve more attention, experts said.
First-Quarter Consumer Spending Revised Down to 0.9% Gain
U.S. consumer spending in the first quarter was even weaker than previously reported on lower outlays for services while business investment was revised higher, leaving the pace of economic growth at a still-solid 3.1%.