Business

Mergers & Acquisitions

Total Truck Parts finalizes transition to ESOP

Total Truck Parts, a six-location independent parts distribution and service business in Florida, has formally completed its conversion into a 100 percent employee stock ownership plan (ESOP) operation.

May 16, 2022

Battling inflation while maintaining customer relationships

Much has been discussed about parts scarcity and pricing, and these challenges funnel down to what is most important: the relationship and communication between providers and their customers.

May 13, 2022

Employee taking parts inventory in warehouse.

Growth strategies

Thompson Truck & Trailer holds groundbreaking for new facility

Thompson Truck & Trailer recently held a groundbreaking ceremony onsite at its new Dubuque, Iowa, dealership location. The entire Dubuque parts, service, and truck sales team came out to the new building site to celebrate the groundbreaking

May 12, 2022

Thompson Truck & Trailer groundbreaking

TruckPro announces $120,000 of charitable donations

TruckPro recently announced through its TruckPro Gives Back charitable program, the company will make a donation of $120,000, its largest to date to its long-standing charitable partners.

May 11, 2022

Growth strategies

Mack announces refuse program, collision warning system

Mack Trucks’ collision warning system is now available for order on the Mack LR, Mack LR Electric and Mack TerraPro models. Mack also launched its Electrify My Refuse Route Program campaign.

May 11, 2022

Mack Trucks' Sensata Technologies PreView multi-sensor collision warning system

Mergers & Acquisitions

FleetPride acquires T&R Towing and Service Centers

The addition of T&R Towing and Service Centers to FleetPride brings more than 60 service bays with well-equipped facilities, 24/7 dispatch and mobile maintenance.

May 10, 2022

Growth strategies

Power Heavy Duty adds 14-location member

Power Heavy Duty has added Cleveland Brothers Equipment as the newest distributor to its network.

May 9, 2022

Growth strategies

RV Retailer opens 11th store in the Carolinas

RV Retailer announced the grand opening of a new store in Charleston, S.C. This store marks the 97th store for RVR since its founding in June of 2018.

May 6, 2022

RV Retailer announced the grand opening of a new store in Charleston, S.C.

Mergers & Acquisitions

Daimler invests in autonomous vehicle safety software provider

Daimler Truck has made a strategic minority investment in Apex.AI, a company developing safety-certified software for mobility and autonomous applications.

May 5, 2022

Daimler Truck autonomous testing

Mergers & Acquisitions

Husky Corporation acquires fuel treatment product line

Husky Corporation has acquired New York-based Kinetic Laboratories and the K100 product line of gasoline and diesel fuel treatment additives.

May 5, 2022

Growth strategies

Penske makes big buy of electric Ford E-Transit vans

Following a successful pilot, Penske moved ahead with a large purchase of electric Ford E-Transit vans which will roll out across the country at various Penske locations.

May 4, 2022

Penske's electric Ford E-Transit vans will first roll out in California before making their way at other Penske locations across the U.S.

Mergers & Acquisitions

Boxwheel Trailer Leasing acquires Fleet Trailer Leasing location

Boxwheel says the acquisition enables customers in the El Paso and Juarez, Mexico, markets to benefit from Boxwheel’s deep trailer rental expertise.

May 4, 2022

Mergers & Acquisitions

TEC Equipment expands to three Midwestern states

TEC Equipment Inc. has purchased the Volvo franchise rights from North American Truck & Trailer in Omaha and Lexington, Neb.; Sioux City, Iowa; and Sioux Falls, S.D.

May 3, 2022

Kriete Truck Centers helps driver promote Special Olympics

Carmen Anderson was presented with the keys to a new Volvo VNL760 70-in. sleeper specially wrapped to help raise awareness of Special Olympics.

May 3, 2022

Carmen Anderson, America’s Service Line professional driver, and the Volvo VNL760 that she’ll now be operating to help raise awareness and support of Special Olympics.

Michelin implements price increase in U.S., Canada

Michelin North America is announcing price increases across its brands ranging from 5 to 12 percent.

May 3, 2022

Outlook and Benchmarking

Meritor reports sales of $1.15 billion in second quarter

For the second quarter of fiscal year 2022, Meritor reports sales increased 17 percent, compared with the same period last year.

May 3, 2022

HDA Truck Pride members talk pricing, hiring changes

Surviving price inflation and foundational changes in hiring took center stage Friday during a member panel discussion at the 2022 HDA Truck Pride Annual Meeting in Orlando.

April 29, 2022

HDA Truck Pride panel

Outlook and Benchmarking

TopMark Funding continues record-setting sales stretch

TopMark Funding recently produced another record-breaking quarter and is leading the year with a 29.2 percent gain against its first quarter revenue goals.

April 29, 2022

TopMark Funding building

Page 1 of 299

Electricity from wheel ends routing to batteries

Regenerative braking: Catch up on the future of slowing down

As hybrid and electric truck adoption rates continue to grow, dealers and aftermarket operations soon will be exposed to a lot of unfamiliar systems and technologies they’ll be expected to maintain. One of those innovations is regenerative braking.

Freightliner eCascadia truck

Freightliner unveils new electric eCascadia

Goodyear soybean-oil developed tires

Goodyear integrating soybean oil compound into transit bus tires

Employees looking at computer monitor in warehouse

The importance of e-commerce sites during a parts shortage

Jim Allen's truck at Karmak HQ

Karmak CEO Jim Allen’s unique approach to customer service and engagement

Learn how to move your used trucks faster

With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.

Used Truck Guide Cover

Learn about Turbo Solutions All Makes Turbocharger Program

Turbochargers for all engine applications. Click to learn more!