TPS StaffMergers & AcquisitionsNacarato Truck Centers acquires Florida Volvo dealershipNacarato Truck Centers has acquired Volvo Trucks of Palm Beach, Fla. The acquisition was advised by Performance Brokerage Services, North America’s highest volume dealership brokerage firm.August 3, 2022Growth strategiesGreatWest Kenworth opens new dealership in CanadaGreatWest Kenworth recently opened a new parts and service dealership in Balzac, Alberta, to serve the greater Calgary and Airdrie markets.August 3, 2022IndicatorsReports: Class 8 truck orders weak in JulyClass 8 net orders for July fell to their lowest level since November 2021, according to FTR, which is reporting preliminary orders at 10,600 units. ACT Research reports July orders at 11,400 units.August 3, 2022Outlook and BenchmarkingMeritor reports $1.21 billion in Q3 salesMeritor has posted sales of $1.21 billion for its third fiscal quarter, up $196 million, or approximately 19 percent, from the same period last year.August 3, 2022ComponentsPaccar Parts names dealers for 2022 parts councilPaccar Parts has named its 2022 Peterbilt Parts Council. The council partners with Paccar Parts to empower Peterbilt dealerships across the United States and Canada to pursue successful business development opportunities.August 3, 2022Growth strategiesFyda Freightliner opening new store in central OhioFyda Freightliner will open its newest store in West Jefferson, Ohio, on Aug. 8. The new 180,000 sq.-ft., facility will provide more service and body shop bays, larger parts inventory, more parking options and expanded capabilities.August 3, 2022New product releasesDannmar debuts pair of two-post vehicle liftsDannmar, a BendPak brand, introduces two symmetric heavy-duty two-post lifts — big and tough enough to service pickups and loaded medium-duty trucks but versatile enough to handle cars, too.August 3, 2022Outlook and BenchmarkingDana reports Q2 net income of $8 millionDana has announced financial results for the second quarter of 2022, which includes sales totaling $2.59 billion, compared with $2.21 billion in the same period of 2021.August 3, 2022Growth strategiesMatthew Motors to sell Dennis Eagle refuse trucksThis will add to the Matthews Motors company’s already extensive product line of truck sales, maintenance and upfitting and automated fleet management services.August 2, 2022IndicatorsClass 8 NG truck retail sales increase 11 percent YTDFor the first five months of 2022, U.S. and Canadian Class 8 natural gas truck retail sales rose 11 percent year-to-date against comparisons of the same time period in 2021.August 2, 2022Previous PagePage 350 of 1588Next PageTop StoriesClass 7-8October truck orders fall despite month’s historic strengthEven the month of October couldn’t turn around softening medium- and heavy-duty truck orders.CommentaryHere’s what I’m hearing about the marketSupplier UpdatesWebb, Dana agree to long-term partnershipGrowth strategiesU.S. fleet added carriers, reduced equipment in Q3Mergers & AcquisitionsFleetPride, TruckPro merging
