COLUMBUS, OH – With a strong freight market and tight labor market expected to continue into 2018, fleets are adjusting their business models to compensate, according to CK Commercial Vehicle Research (CKCVR).
The firm conducted a survey of 50 fleets in October, and found companies are shortening the average length of hauls, and implementing more regional hauls, in order to be more attractive to drivers.
The shorter hauls allow drivers to be home each night, a major item on the wish lists of many, and fleets are hoping the changes will mean increased driver recruitment and retention according to CKCVR.
SHIPPENSBURG, PA – Volvo Trucks North America expects long haulers to account for a shrinking portion of the truck market in coming years, as the industry responds to pressures including a driver shortage and recent upgrades to the Panama Canal.
CLEVELAND, NC – Daimler has announced that it’s cutting 1,250 jobs in North America this spring as demand for commercial trucks continues to slip.
The company says the layoffs will directly impact two Freightliner truck plants in North Carolina, including 700 workers at its Mount Holly plant, and another 550 at its Cleveland facility, the location where 900 jobs were also slashed in January.
In a news release, Daimler said its Cleveland plant will now have a single shift of 1,600 people, while Mount Holly will have two shifts with 1,450 total employees. Just two months ago, the Cleveland plant’s employment was near 3,000 workers.
Production of heavy-duty trucks in 2016 is expected to be down 10% to 20% from 2015.
COLUMBUS, IN – North American truckers ordered 583,200 Class 5 -to-8 vehicles over the past 12 months, making the past 12-month period the strongest since December 2006, according to industry data.
COLUMBUS, IN – North American truckers bought about the same number of used trucks in October as they had in September, according to ACT Research. Class 8 used truck sales rose one percent in October compared to September 2014.
NASHVILLE, Tenn. — Forecasting firm FTR Associates painted a picture of a challenging 2009 economic environment, with many uncertainties affecting predictions for the end of this recessio