Retail truck sales up 8.2% in March over a year ago
Franchised dealers of U.S. truck manufacturers sold 846,961 units in March -- 8.2% above sales for the month a year ago -- according to data published by Ward's Communications....
DEL acquires Caytec
Diesel Equipment Limited has concluded the acquisition of Caytec Equipment Ltd. of Calgary, with representatives of both DEL and Caytec expecting to build on their respective strengths....
Diversified suppliers cite trucking gains
Early 2004 demand for new trucks has given truck OEMs a boost to their bottom line -- and suppliers are reaping the benefits. ...
Truck sales gaining in Canada
Statistics Canada, Canada’s government bureau, reported brisk truck sales in February, citing a 13.8% increase over January to 66,337 trucks sold. ...
Sterling renews car hauler commitment
Sterling Truck Corp. has announced enhancements to its HX Chassis for its car hauler trucks, including the addition of the Mercedes-Benz MBE4000 engine. The car hauler is designed to maximize load capacity and comes with a variety of options. ...
Diesel prices jump 4.5 cents
On Monday, national diesel prices rose in all regions across the country, upping the average by 4.5 cents over the week earlier to $1.72 per gallon. ...
More horsepower from International
International Truck and Engine Corp. announced that its 8600 and 9000i Series vehicles will now be available with a Cummins ISM engine rated 410 hp. International 5000i Series trucks will be offered with Cummins’ new ISM 425V HP (vocational rating). ...
Stewart & Stevenson announces $63.4 million contract modification from Army
Stewart & Stevenson Services, Inc., announced today that its subsidiary, Stewart & Stevenson Tactical Vehicle Systems, LP (TVS), has been awarded a contract modification by the U.S. Army Tank automotive and Armaments Command (TACOM) valued at approximately $63.4 million. ...
Dana Corporation opens new Automotive Systems Technology Center
Dana Corporation today unveiled its new Automotive Systems Group Technology Center — a nearly 200,000 square-foot facility near Toledo, Ohio, that features advanced component and system engineering, along with housing testing and purchasing experts. ...
Eaton posts 1Q earnings; truck segment jumps
Eaton Corp. announced its first quarter earnings rose 70% over the first quarter of 2003. Its net income per share is 85 cents, up from 50 cents in 1Q 2003. Net income was $134 million, an 86% increase over $72 million posted in the same period last year....
Heartland posts sweetened earnings
Heartland, an Iowa City-based truckload carrier, has increased its 1Q net income 18.7% over the same period last year, to $13.1 million. Earnings blossomed despite hikes in fuel prices and higher wages, the company says. ...
Freightliner opens heavy-truck wind tunnel
Freightliner announced the opening of its heavy-truck wind tunnel yesterday in Portland, Oregon -- the only heavy-truck wind tunnel in North America, and the only wind tunnel in North America owned by a truck OEM. ...
J.B. Hunt makes a 1Q triple play
J.B. Hunt Transport posted first-quarter earnings that effectively triple its reported earnings over the same period last year. ...
Benchmarking tool aids in improved distributor profits
With challenging financial times continuing to affect most businesses, the National Truck Equipment Association believes financial benchmarks are especially important. ...
FleetPride, Yellow Roadway announce strategic parts supply agreement
FleetPride, the nation's largest independent heavy-duty truck parts distributor, today announced a strategic parts supply agreement with Yellow Roadway Corporation, one of the world's largest providers of transportation services. ...
Diesel price jumps 3.1 cents
Diesel prices increased to $1.679 per gallon this week after reaching a one-year high of $1.648 last week, the Dept. of Energy announced. ...
NTEA, NAFA work to develop guide on vehicle specs
The NTEA is supporting the National Association of Fleet Administrators, Inc., in developing a publication to help fleet managers minimize vehicle depreciation....
NTEA's YEN welcomes new Steering Committee, elects chair
The NTEA’s Young Executives Network (YEN) welcomes five new Steering Committee members along with a new elected chairman....
Work Truck Show attendance up 20%
The National Truck Equipment Association says initial data show a verified attendance increase of over 20% from last year's Work Truck Show and convention....
Crimson Fire announces South Dakota facility expansion, strong order backlog
Fire truck maker Crimson Fire, Inc., a wholly owned subsidiary of Spartan Motors, Inc., today announced it is building a new state-of-the-art facility adjacent to its existing Brandon, S.D., headquarters that will allow the company to add new equipment and meet growing demand for its products. ...
Light-duty truck maintenance costs fall
Light-duty truck maintenance expenses were less in 2003, according to a recent study conducted by GE Fleet Services and analyzed by Automotive Fleet....
Diesel price highest in over a year
The cost of diesel increased 0.6 cents this week to a national average of $1.648 – the highest price since March 24, 2003....
FleetPride announces 50th FleetCare affiliate
FleetPride, Inc., the nation's largest independent aftermarket distributor of heavy-duty truck parts, today announced the addition of the 50th FleetCare Truck Service Center affiliate. ...
Cummins chooses switch supplier
Index Sensors & Controls Inc. has signed a three-year agreement to supply Cummins Inc. with temperature and pressure switches on all diesel engines introduced in 2002 or earlier. The switches will be used in 10 facilities worldwide and products began shipping in March. ...
Commodities clash with brisk sales
Over recent weeks, many companies have made it no secret that commodity prices are sky-rocketing — with many announcing increases in retail pricing to compensate. ...
