LAS VEGAS, Nev. — Truck-related equipment buyers have been scrambling to secure spots on assembly lines in the midst of one of the hottest truck markets on record. But booms don’t last forever.
TORONTO, Ont. – Canadians purchased 34,288 Class 8 trucks in 2018, recording one of the strongest truck sales volumes on record. In contrast, the market consumed 26,141 Class 8 trucks in 2017 and 23,037 of such units in 2016. Canada’s […]
LAS VEGAS, Nev. – Daimler Trucks North America is coming off a record year in truck sales, and expects the market to remain strong for months to come before moderating in the second half of 2019.
TORONTO, Ont. – A new year is on the horizon. Given that, we thought it was a good time to choose the trucking industry’s Top 10 Newsmakers of 2018.
TORONTO, Ont. — Class 8 truck orders fell sharply this November to 27,500 units – marking the end of five consecutive months above 40,000 units, FTR reports. It was the weakest month since September 2017. But FTR says the drop […]
WASHINGTON, D.C. – Volvo Trucks North America president Peter Voorhoeve says truck sales continue to ride a “very, very good wave”, and projects North American Class 8 sales could push marginally above 300,000 units this year. “The strength will continue […]
AUSTIN, Texas – Bob Costello, the chief economist for the American Trucking Associations, is confident that the second-longest economic expansion in U.S. history will continue – despite some signs of softening in recent months. “There’s no reason to worry,” he […]
AUSTIN, Texas — Roger Nielsen, CEO of Daimler Truck North America, discussed electrification, autonomy, the state of the economy and the supply chain during a round table at the American Trucking Associations Annual Management Conference and Exhibition in Austin, Texas.
AUSTIN, Texas – As Volvo Trucks expands its market share around the world, some of the biggest gains in North America appear to have been realized in Canada. “It’s exciting times,” said Peter Voorhoeve, recently named president of Volvo Trucks North America.
TORONTO, Ont. – Reports of hot Class 8 truck sales tend to focus on the on-highway market, but don’t think about trashing the opportunities being realized in the refuse segment. “It’s been a very strong year for the refuse market […]
TORONTO, Ont. — Truck orders continue their record-breaking pace this year, with the analysts at FTR expecting North American Class 8 truck production to reach 315,000 units in 2018. Next year the numbers are expected to reach 340,000 units. And recent truck sales figures from WardsAuto reinforce the promise of a record-setting pace.
TORONTO, Ont. — Monthly North American Class 8 truck orders hit an all-time high of 52,250 units this July, surpassing the previous record of 52,194 set in March 2006, FTR says. And fleets are clearly desperate to get new trucks. […]
ALLENTOWN, Pa. – Martin Weissburg has not been the top dog at Mack Trucks for very long. He was named president June 1, succeeding Dennis Slagle who had been in the role since 2008. But Volvo Group’s senior-most executive in North America is no stranger to boardroom tables in the trucking industry.
TORONTO, Ont. — Canadian truck sales remain strong, with 13,157 Class 8 units sold as of the end of May, WardsAuto reports in its most recent statistics. That compares to 88,674 trucks sold in the U.S.
TORONTO, Ont. – North American orders for Class 8 trucks surged to 34,735 units in April – and Canada played a big role.
This was the only market to experience a month-over-month gain, and the 5,815 units booked represented the country’s largest monthly order intake since early 2006, said Kenny Vieth, president and senior analyst for ACT Research. “The heavier end of the medium-duty market continues to outperform the lighter end, with Class 5 orders in April improving 4$ year to date, and the Classes 6-7 April orders bringing that segment’s year-to-date rise to 37%.”
Freightliner led April’s Class 6, 7 and 8 sales with a respective 52, 170 and 931 trucks sold in Canada, according to stats provided by WardsAuto. But year to date, Freightliner still trailed International’s 514 Class 7 trucks and Hino’s 165 Class 6 units. Ford topped the month’s Class 5 sales at 429 units.