TPS StaffWorkforceWho’s in the news: Our weekly trucking employment reportThe following employment announcements were made in the trucking industry the week of Oct. 24, 2022.October 28, 2022Mergers & AcquisitionsMarket moves: Industry M&A activity hits slowest pace in yearsFall continued to be the slowest stretch for industry mergers and acquisitions in several years in the dealer, aftermarket and supplier space.October 28, 2022Supplier UpdatesIC Bus educating customers on Clean School Bus ProgramIC Bus announced this week how it is supporting dealers in educating customers on funding opportunities for the U.S. Environmental Protection Agency’s (EPA) Clean School Bus Program.October 27, 2022Business operationsProcede Software celebrates wildly successful annual conference"After three years apart, this event was so much more than a conference. It was a celebration!" says CEO Larry Kettler. "It was incredibly exciting to once again be able to meet face-to-face with our customers."October 27, 2022Technician trainingSAF-Holland makes donation to heavy equipment training programSAF-Holland recently donated a Class 8 drive axle air suspension and trailer axle system to Ferris State University, located in Big Rapids, Mich.October 27, 2022Growth strategiesTravelCenters adds four stores to networkTravelCenters of America Thursday announced network expansion and guest experience updates, including the opening of four new travel centers.October 26, 2022Outlook and BenchmarkingWabash reports record quarterly revenue“During the third quarter, Wabash executed very well to generate record sales of $655.2 million,” says President and CEO Brent Yeagy. “This is a meaningful step forward in our financial performance.”October 26, 2022Growth strategiesJX Enterprises opening new Michigan store“We’re very excited to welcome customers to the new JX Truck Center-Clare, the largest, most modern truck dealership in the region,” says JX Operations Manager Micah Herin.October 26, 2022New product releasesDetergent for cleaning truck and engine partsMadison Chemical introduces Ultra-Clean US-159, a cutting-edge alkaline detergent developed specifically for difficult cleaning operations involving the removal of aged, oxidized, burned-on oil and grease..October 26, 2022Outlook and BenchmarkingPaccar posts record net incomes in third quarter“Paccar is investing in clean diesel and zero emissions powertrain technologies, autonomous driving systems, connected vehicle services, and next-generation manufacturing and distribution capabilities,” says Harrie Schippers, Paccar president and CFO.October 25, 2022Previous PagePage 324 of 1589Next PageTop StoriesOutlook and BenchmarkingFTR sees further slowing in economy entering 2026Idling, if not sinking, economy will keep pressure on heavy equipment purchasing, FTR says.Class 7-8October truck orders fall despite month’s historic strengthCommentaryHere’s what I’m hearing about the marketSupplier UpdatesWebb, Dana agree to long-term partnershipGrowth strategiesU.S. fleet added carriers, reduced equipment in Q3
