Penske Opens Two New Locations
Aug 14, 2007
Offering services for rental, full-service leasing and contract maintenance customers, two new facilities have been opened in Lakeland, FL, and Springfield, MO, by Penske Truck Leasing...
NTEA Releases Report Benchmarking Truck Equipment Distributor Profitability
Aug 14, 2007
Being a typical truck equipment distributorship that earns 3.5% profit isn't "good enough" when a high-profit firm can generate a profit margin of 7.8%, according to the 2007 ...
Timken Aligns to Drive Growth
Aug 13, 2007
The Timken Company today announced changes to align the company around continued improvement in operational performance and acceleration of profitable growth. ...
Medium and heavy truck sales down 26%
Aug 13, 2007
Medium and heavy trucks sold at an even slower pace in July, according to figures compiled by Wards Communications. Dealers sold 40,257 trucks with GVW ratings above 10,000 pounds during the month, down 26% from July 2006 and 15% from June 2007....
NTDA Report Urges Focus on ROA
Aug 10, 2007
According to results of a recently released National Trailer Dealers Association (NTDA) 2007 Dealer Financial Performance Report, dealers are encouraged to look beyond sales totals and examine return on assets (ROA) as a truer gauge of financial performance....
Kenworth Alaska Opens New Facility in Fairbanks
Aug 10, 2007
Kenworth Alaska recently relocated its Fairbanks dealership to a new facility that offers customers increased service capacity and expanded parts availability. ...
Celadon’s Hines Looks Ahead
Aug 9, 2007, By Sean Kilcarr, Fleet Owner senior editor
Chris Hines, newly installed president & COO of Celadon Group sees the cross-border truckload carrier facing a mix of challenges and opportunities ahead. But in his view, the opportunities clearly...
ArvinMeritor Completes Divestiture of Light Vehicle Aftermarket Business
Aug 8, 2007
ArvinMeritor, Inc. announced that it has sold its Light Vehicle Aftermarket (LVA) European exhaust operations to Klarius Group Limited, located...
Supreme Industries Declares Regular $0.095 Cash Dividend
Aug 8, 2007
Supreme Industries, Inc., a leading manufacturer of specialized commercial vehicles, including truck bodies, shuttle buses, armored vehicles and luxury motorcoaches, announced...
Study Shows Businesses Struggling with Government Compliance
Aug 7, 2007
Government regulation continues to plague small businesses despite Federal efforts to reduce the time needed to meet the demands of compliance, according to a study by the Small Business Research Board released today....
Manufacturing Survey Shows Overall Industry Confidence Rising
Aug 7, 2007
The National Association of Manufacturers (NAM)/Industry Week business outlook survey for the second quarter of 2007 points to confidence edging up from both large and small companies, after declining during the prior four quarters....
Wastequip Breaks Ground On New Paint Facility
Aug 6, 2007
Wastequip Indiana, the primary manufacturing location of Galbreath brand products, recently broke ground on a new paint line facility in Winamac, Indiana, that will streamline the painting process for the company’s mobile technical products, including Galbreath brand hook hoists, cable hoists, and trailers....
NTEA Report Details Financial Performance of Truck Equipment Manufacturers
Aug 6, 2007
From a high of 9.7% to a low of 3.1%, pre-tax profits varied widely among manufacturers in the work truck industry....
NTEA Holds ‘Closing the Gap’ Regional Seminars
Aug 2, 2007
Improving how business people relate to their customers will be the topic of regional Closing the Gap seminars hosted by the National Truck Equipment Association (NTEA)....
Kenworth Delivers First Medium-Duty Hybrid-Electric Truck
Aug 2, 2007
Kenworth Truck Company and Dunn Lumber, two long-time Seattle-area companies, have teamed up to bring Kenworth’s first medium-duty hybrid-electric truck into the U.S. market. ...
Class 8 Orders Better than Expected
Aug 2, 2007
Preliminary Class 8 orders for July, released today by A.C.T., were better than expected, according to Bear Stearns. ...
ATA Asks DOT to Seek Stay of HOS Ruling
Aug 2, 2007
ATA President and CEO Bill Graves asked Secretary of Transportation Mary Peters yesterday to push for a stay of the Court of Appeals ruling on Hours of Service (HOS) regulations,...
Isuzu Organizes to Strengthen Commercial Truck Sales
Aug 1, 2007
To further strengthen its U.S. sales operations, Isuzu Commercial Truck of America, Inc. (ICTA) today began to directly distribute its low cab forward commercial trucks through its network of Isuzu dealers...
WABCO Goes Public with Listing on New York Stock Exchange
Aug 1, 2007
WABCO, a leading global provider of electronic braking, stability, suspension and transmission control systems for commercial vehicles, will make its debut on the New York Stock Exchange today,...
NAM Says "Fair Pay" Act is Overly Broad
Aug 1, 2007
The National Association of Manufacturers (NAM) expressed deep concern Tuesday about U.S. House-passed legislation that would make it more difficult for employers...
Wabash’s 2Q Gross Margin Percentage Highest in Five Quarters
Jul 31, 2007
Wabash National Corporation reported that its second-quarter gross margin percentage was the best since the first quarter of 2006....
Fontaine Now Omaha Standard Distribution
Jul 31, 2007
Omaha Standard announced that the name of Fontaine Truck Equipment Company, which was acquired last year, has been changed to Omaha Standard Distribution....
Isuzu N-Series, GM W-Series Gas-Powered Trucks Unveiled
Jul 31, 2007
The first 2008 gas-powered Isuzu N-Series and GMC/Chevrolet W-Series low cab forward trucks have rolled off the production line at the GM assembly plant in Janesville, Wis....
Michelin North America to Acquire Oliver Rubber Company
Jul 31, 2007
Michelin North America, Inc. today announced that it has signed a definitive agreement to acquire Oliver Rubber Company, a subsidiary of Cooper Tire & Rubber Company, which produces tread rubber and retreading equipment....
Mack Offers Finance Package for Vocational Trucks
Jul 30, 2007
Mack Financial Services is offering Mack customers special financing arrangements for a limited time on qualifying Mack Granite vocational trucks and tractors-including attached truck bodies...
