Business

MEMA survey shows supplier concerns regarding 2024 forecasts
Truck makers ordering more product than industry forecasts believe necessary is beginning to cause consternation for heavy-duty suppliers, reported MEMA during the association’s monthly Pulse webinar Wednesday.
May 31, 2023
White and red trucks in a lot
Trader Interactive releases 'Premium Select' product
Trader Interactive has announced a new Premium Select ad product enabling dealers to achieve the top position on the search results pages of the relevant marketplace for specific units in their inventory.
May 31, 2023
Premium Select from Trader Interactive
National aftermarket chains and large dealers announce purchases
The M&A sector saw an increase in transactions in May, with national aftermarket buying groups kicking off activity that lasted throughout the month.
May 31, 2023
Mergers and acquisitions roundup
MEMA offers insights on debt ceiling, Repair Act
With the United States just days from defaulting on its debts and a resolution agreed to but not yet voted upon, tensions are high in Washington, D.C., this week.
May 30, 2023
U.S. Capitol building image from the ground
Autonomous truck developer being acquired
Under the agreement, Applied will acquire Embark in an all-cash transaction with an equity value of approximately $71 million.
May 29, 2023
Embark Truck
Navistar launches technician skills competition, awards winners
"The Top Team competition is a concept with is very important for Navistar's future and our industry," says Executive Vice President, Service Solutions, Fabio Souza. "This is an environment where the technician can feel that we recognize their value."
May 26, 2023
The Navistar corporate logo.
Will debt ceiling drama be avoided?
The U.S. owes more than $31 trillion. Just like many households have mortgages, car notes and credit cards, the U.S. government also carries debts that allow it to pay for programs and services for Americans.
May 26, 2023
Political battle over debt ceiling
NationaLease recognizes top service members and network technicians
NationaLease recently recognized 12 member companies and named the top service technicians in its national network during its 2023 Maintenance Managers Meeting in Schaumburg, Ill.
May 25, 2023
Nathan Olson of GATR NationaLease was named the top technician at the 13th annual NationaLease Tech Challenge.
VIPAR Heavy Duty network hits growth milestone
The VIPAR Heavy Duty Family of Companies has now grown to surpass 920 independent parts distributors and service locations throughout North America.
May 24, 2023
VIPAR Heavy Duty logo
Jasper adds location in Arkanas
Jasper Engines & Transmissions has opened a branch office in Little Rock, Ark., to better serve businesses in and around Arkansas.
May 24, 2023
Jasper logo
ATG sales manager wins Western Star award
"This achievement reflects both his commitment to providing exceptional service and the knowledge, expertise and value he brings to every customer interaction. We are proud to have him as part of the ATG team," says Chris Marsh, ATG.
May 23, 2023
A man standing in front of a red Class 8 truck.
Progressive Insurance introduces heavy truck roadside assistance
"We are bringing this top-requested offering to market to help customers overcome challenges on the road in a time of need and get them back on the road as soon as possible," says Peter Niro, truck product development manager for Progressive.
May 23, 2023
Red tow truck pulling a blue Class 8 tractor.
Class 8 backlog continues to subside
With truck orders on the downslope and the supply chain continuing to improve, ACT Research reported Thursday it anticipates the commercial truck backlog should continue to decrease until OEMs open their order boards for 2024.
May 19, 2023
Line of trucks in row starting with blue truck
Cummins acquiring commercial vehicle exhaust business
Acquiring two of Faurecia’s commercial vehicle manufacturing plants ensures Cummins a long-term supply of aftertreatment components and assemblies.
May 23, 2023
Cummins sign
International recognizes 2022 North American Dealer of the Year
International's award recognizes the company's top dealer for their commitment to provide industry-leading uptime and unparalleled performance in annual sales, service and customer satisfaction.
May 22, 2023
2022 International Dealer of the Year.
BP completes acquisition of TA
BP Products North America Inc., a wholly owned indirect subsidiary of BP p.l.c., completed its $1.3 billion acquisition of TravelCenters of America on Monday, May 15.
May 22, 2023
BP TA deal
Trailer OEMs voice concern about 2024 demand
ACT Research announced Monday in its most recent industry trailer status report that OEMs are beginning to express mild concern regarding demand for 2024.
May 22, 2023
Trucks and trailers on roadway
Aperia announces funding partner
“We are excited to have EnerTech join the latest round of funding and believe their industry insight and long history with a number of key Corporate Strategic Partners will provide significant value to our growth strategy,” says Josh Carter, Aperia CEO.
May 18, 2023
Aperia and EnerTech partnership
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Political battle over debt ceiling
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Will debt ceiling drama be avoided?
The U.S. owes more than $31 trillion. Just like many households have mortgages, car notes and credit cards, the U.S. government also carries debts that allow it to pay for programs and services for Americans.
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Successful Dealer Award
Nomination period for the Successful Dealer, Trailblazer Awards closing soon
Connected vehicle technology
Telematics
What fleets are saying about remote diagnostics
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Battery electric
Cummins announces EV charging partnership with Heliox
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