TPS StaffWorkforceWho’s in the news: Our weekly trucking employment reportThe following employment announcements were made in the trucking industry the week of Oct. 17, 2022.October 20, 2022Battery electricElectrification company bringing charging network to California highwayBy investing in the necessary charging infrastructure, TeraWatt is enabling and accelerating the transition to zero-emission long-haul freight.October 20, 2022Outlook and BenchmarkingEconomy looks solid in near term; recession risks come laterAccording to CMVC, risks of a recession for the U.S. appear in the medium term as there are few signs the economy is entering a recession in the near term.October 20, 2022Used trucksDespite slipping volumes, used truck pricing held up well in SeptemberSame dealer retail sales of used Class 8 trucks saw a 9 percent drop in volume in September, ACT Research reported this week in its State of the Industry: U.S. Classes 3-8 Used Trucks report.October 20, 2022Supplier UpdatesPhillips Connect hits production milestone“This milestone is much more than just a big number,” says Rob Phillips, founder and CEO. “There are still a few 'basic GPS' telematics companies that have a larger install-base than we have, but we’re so much more than a 'where’s my trailer' company!”October 20, 2022New product releasesDAVCO debuts enhanced Shop Pro product lineDAVCO Technology has launched the Shop Pro FXP 95 – the latest version of its well-known Shop Pro product, now redesigned with the needs of modern fleets in mind.October 19, 2022Used trucksSpeakers announced for UTA ConventionA group of insightful industry experts have been pegged as speakers at next month's Used Truck Association (UTA) Convention, set for Nov. 9-12, at the Gaylord National in National Harbor, Md.October 19, 2022New product releasesDorman adds scores of new part numbersDorman HD Solutions has added a wide range of parts numbers to its heavy-duty product line.October 19, 2022Supplier UpdatesBendix plant hits 15-year milestoneBendix Commercial Vehicle Systems is celebrating 15 years at its state-of-the-art production plant in Bowling Green, Ky.October 19, 2022Freight demandTruck tonnage rose by 6.8 percent in 2021The trucking industry moved 10.93 billion tons of freight in 2021, generating $875.5 billion in revenue, according to the latest edition of American Trucking Associations’ American Trucking Trends 2022.October 19, 2022Previous PagePage 326 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
