Wastequip eliminates $550 million in debt
Wastequip, LLC has completed the recapitalization of its balance sheet, resulting in the elimination over $550 million of debt, slashing annual interest expense by more than 80%, and obtained a new $40 million revolving credit facility...
Commercial truck sales up 28% in May
Retail sales of Class 3-8—the truck classes most often used in commercial applications--grew by 28% in May, according to figures compiled by Wards Information Products....
U S supply chain and logistics industry continues to rebound
U.S. business logistics costs in 2011 rose to $1.28 trillion, 6.6% from the previous year and accounting for 8.5% percent of the U.S. gross domestic product, according to the 23rd annual “State of Logistics Report” published by The Council of Supply Chain Management Professionals. ...
Truckload driver turnover pushes higher in first quarter
After a one quarter reprieve, the annualized turnover rate for large truckload fleets rose slightly in the first quarter of 2012 while small truckload fleets saw a tremendous surge in turnover, according to American Trucking Associations’ Chief Economist Bob Costello. ...
NTDA launches redesigned website
The National Trailers Dealers Association released its completely redesigned website. ...
Kögel offering telematics on its trailers
The trailer manufacturer Kögel and WABCO Holdings Inc. (NYSE: WBC), are extending their long-time partnership. In future, Kögel will offer, as an option, the TrailerGUARD telematic system by WABCO under the name Kögel Telematics, providing real-time access to trailer location, cooling, and trailer EBS data....
ACT Research lowers truck forecast
Truck manufacturers are expected to produce fewer Class 8 trucks in the second half of 2012 than initially thought, the result of continuing softness in demand, ACT Research reports in its June North American Commercial Vehicle OUTLOOK. ...
FTR Shippers Conditions Index unchanged
FTR Associates’ Shippers Conditions Index (SCI) for April was basically unchanged from the previous month with a moderately negative reading of -5.4. ...
Mack to expand natural gas power
Mack Trucks will provide additional natural gas-powered trucks and is moving forward to develop a hybrid vehicle...
Police vehicle upfitter announces partnership
Brekford Corp (OTCQB:BFDI), an upfitter of police vehicles, is partnering with Trimble Navigation Limited, an automatic vehicle location provider, in an effort in part to help federal agencies comply with Federal directives like Executive Order 13514 which requires greenhouse emissions to be measured, reported and reduced...
Manufacturing technology orders up 10% in April
April U.S. manufacturing technology orders totaled $410.42 million according to The Association For Manufacturing Technology...
DUECO named business of the year
DUECO Inc, a utility equipment distributor based in Milwaukee, has been named “Business of the Year” by the Waukesha County Business Alliance and the Milwaukee BizTimes...
FTR’s Trucking Conditions Index Climbs in April
FTR’s Trucking Conditions Index for April moved significantly higher from the previous month, climbing 2.7 points to a favorable reading of 9.1, according to the June 2012 Trucking Update...
Shell, TravelCenters of America Combine to Provide LNG
Shell and its affiliates have signed a memorandum of understanding with TravelCenters of America LLC (TA) to sell liquefied natural gas (LNG) to heavy-duty road transport customers in the U.S. through TA's existing nationwide network of full-service fueling centers...
Light Truck Sales On The Rise
Demand for light trucks remained robust in May, with Ford Motor Co., General Motors, and Chrysler LLC all reporting mostly double-digit percentage increases in pickup and commercial van sales...
Global Truck Market at ‘Crossroad’: Ernst & Young
The global commercial vehicle industry is “at an important crossroad with globalization, technology development, regulations and emerging markets set to change the face of the industry in the next decade,” according to latest “mega trends” report released by Ernst & Young’s Global Automotive Center...
First Run On Public Roads for Volvo Road Train
Three driverless Volvo cars — a Volvo XC60, a Volvo V60 and a Volvo S60 — were led in a road train following a heavy-duty truck piloted by a professional driver on a public highway among other road users in Spain in what was believed to be a first-time event...
Western Nevada Kenworth Opens Dealership in Reno Area
Western Nevada Kenworth has opened a 20,000-square-foot, full-service dealership in Sparks, Nev...
Brown Cargo Van Opens Facility in Colorado
Brown Industries LLC, manufacturer of Brown Cargo Vans since 1946, has expanded and opened a new facility in Henderson, CO, that will assemble, mount and install specialty equipment/accessories on dry freight, refrigerated, cutaway, curtainside and custom van body kits in addition to building HD lumber bodies for customers in the West region...
Class 8 Net Orders Up Slightly in May: ACT
Class 8 North American preliminary net orders for May were up slightly over April, while Class 5-7 remained soft, as reported by ACT Research Co., LLC ...
Class 8 Orders at 17,659 Units: FTR
Preliminary Class 8 truck net orders were at 17,650 units in May, a modest upturn after four months of decline, according to data released by FTR Associates...
Oilmen’s Truck Tanks Unveils Aluminum Truck Tank for Delivering Lubricants, DEF
Oilmen’s Truck Tanks has introduced an aluminum truck tank designed for hauling both bulk lubricants and DEF...
NHTSA Releases Report on Crash Compatibility
The National Highway Traffic Safety Administration (NHTSA) has published a Technical Report reviewing and evaluating the Enhancing Vehicle-to-Vehicle Crash Compatibility Agreement...
HDA Truck Pride Adds Merced Truck and Trailer
Merced Truck and Trailer of Merced, California, has joined HDA Truck Pride, offering both parts and service with a four-bay shop facility...
RoboVent Opens in Indianapolis
RoboVent, a U.S. supplier of ventilation and filtration equipment for manufacturing facilities, has opened a suburban Indianapolis office...
