TPS StaffMergers & AcquisitionsMarket moves: Supplier channel turned upside down by two major acquisitionsThe completion of two major supplier acquisitions top our August transactions report. Truck dealers also were busy this month, with a number of large dealers further expanding their footprint and capabilities through shrewd purchases.August 31, 2022WorkforceWho’s in the news: Our weekly trucking employment reportThe following employment announcements were made in the trucking industry the week of Aug. 29, 2022.August 30, 2022ProductsWeekly new product roundupHere’s a glimpse at the new products introduced to the trucking industry the week of Aug. 29-Sept. 4, 2022.August 30, 2022Growth strategiesFontaine Modification to build larger corporate headquartersFontaine Modification is building a new corporate headquarters that will more than double its production and product development capabilities.August 30, 2022New product releasesThe new products introduced into the trucking industry in AugustSuppliers introduced many new products in August, including locking plier adapters, various lights and more.August 30, 2022Growth strategiesWabash partners with Northeast dealers to expand footprintWabash announced it has added two dealers to its North American dealer network.August 30, 2022Trucks & TrailersKenworth launches online 2022 medium-duty body builder manualKenworth has published a comprehensive, 152-page online body builder manual focused on Kenworth’s medium-duty conventional lineup ranging from Class 5 to light Class 8 models.August 29, 2022Mergers & AcquisitionsMiller Truck Leasing Company acquires Leroy HoldingMiller Truck Leasing has acquired the assets and facilities of fellow NationaLease member Leroy Holding, headquartered in Albany, N.Y.August 29, 2022New product releasesAFA debuts new productsAFA industries recently announced several new products to the aftermarket.August 29, 2022Growth strategiesHankook Tire to invest $1.6B in plant expansionHankook Tire announced its board of directors approved a $1.6B investment to expand its Tennessee Plant, located in Clarksville, Tenn.August 29, 2022Previous PagePage 342 of 1588Next 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
