Outlook and Benchmarking

Outlook and Benchmarking
Texas dealer earns Thermo King's top honor
Thermo King Corporation recently presented its prestigious 2020 North America Dealer of the Year award to Thermo King Amarillo. The award was the culmination of the company’s annual Thermo King Americas dealer principal meeting held virtually last month.
March 3, 2021
Tk%20 Amarillo
Outlook and Benchmarking
Milestone year for Kenworth Sales Company concludes with OEM accolades
Kenworth Sales Company earns OEM dealer of the year honor, more than 20 other Kenworth dealers also honored for market excellence during the company's recent dealer meeting.
March 1, 2021
Kenworth Sales Company was named the 2020 Kenworth Dealer of the Year during the OEM's dealer meeting in February.
Outlook and Benchmarking
Paccar Parts honors its best dealers across Kenworth, Peterbilt networks
Paccar Parts recently named its top parts and service dealers and TRP all-makes dealers the for Kenworth and Peterbilt brands during each organization's virtual dealer meetings in February.
February 26, 2021
Paccar Parts
Outlook and Benchmarking
Nikola outlines objectives in Q4, full year 2020 earnings report
“In the fourth quarter of 2020, Nikola made the necessary changes to refocus and realign the company," says Nikola CEO Mark Russell.
February 26, 2021
Nikola Two8
Outlook and Benchmarking
Allstate Peterbilt store named top TRP dealer
Paccar Parts recognizes TRP Sauk Rapids of Allstate Peterbilt Group in Sauk Rapids, Minnesota as the 2020 Global TRP Store of the Year. The store was awarded for its outstanding customer support, sales growth, engagement with Paccar Parts.
February 25, 2021
Trp Sauk Rapids Mn Allstate Peterbilt Peterbilt 800px
Outlook and Benchmarking
MEMA study indicates more than 907K workers in vehicle production roles
The vehicle supplier industry continues to be the largest manufacturing sector in the United States. With direct, indirect and induced employment, the vehicle supplier industry generated a total of 4.8 million U.S. jobs in 2019.
February 23, 2021
Assembled Electric Powertrains Ready For Installation Into Lightning Electric Transit 350 Hd Vehicles
Outlook and Benchmarking
Ritchie Bros. reports total revenue increased 15 percent in Q4
"I am proud of the technology driven innovations our teams implemented to help customers leverage our omni-channel platform while keeping our health protocols a top priority,” says Ritchie Bros CEO Ann Fandozzi.
February 19, 2021
Shutterstock Customer Inspecting Truck
Outlook and Benchmarking
Dana reports fourth quarter sales totaled $2.11 billion
Sales for the fourth quarter of 2020 totaled $2.11 billion, compared with $1.99 billion in the same period of 2019, representing a $121 million improvement.
February 18, 2021
Shutterstock Spreadsheet Pen
Outlook and Benchmarking
TMC Annual Meeting goes virtual, transportation expo shifted to fall
TMC says its annual meeting will be held as a virtual event across two weeks in April, with its regular product expo being moved to its fall meeting in September so it can be held in person.
February 16, 2021
Tmc 187 Ata 0
Outlook and Benchmarking
New Jersey operation named Mack's top dealer in 2020
Mack presents its Dealer of the Year awards to dealers that exceed business targets for sales, parts and leasing, as well as those that continue to grow the business and score highly among customers for satisfaction.
February 15, 2021
210215 Bergeys Truck Centers
Outlook and Benchmarking
Chris Christie to keynote TRALA Annual Meeting
Gov. Chris Christie will serve as keynote speaker at the 2021 TRALA Annual Meeting, set for April 11-14, 2021, virtually as well as in-person at the JW Marriott in San Antonio.
February 12, 2021
Trala Logo
Outlook and Benchmarking
Rush reports annual revenues of $4.7 billion, net income of $114.9 million
“Given the uphill battles we faced in 2020, including the COVID-19 pandemic ... we are very proud of our strong financial results last year,” says Rush Enterprises CEO W.M. “Rusty” Rush.
February 11, 2021
Rush Truck Centers San Antonio 3
Outlook and Benchmarking
Kenworth announces it achieves market share records
Kenworth announced it has achieved retail sales market share records for the U.S. and Canada in Class 8 trucks and in medium-duty vehicles in 2020.
February 8, 2021
Kenworth T680 76 In Sleeper
Outlook and Benchmarking
Jackson Peterbilt nabs top honors from OEM; other dealers honored
Peterbilt's Dealer of the Year is awarded to the dealer group that best represents Peterbilt’s commitment to excellence and the never-ending pursuit of driving customer uptime. This is Jackson Peterbilt Group's third Dealer of the Year honor.
February 5, 2021
Peterbilt 2020 Dealer Awards
Outlook and Benchmarking
Strong international sales helps Cummins post fourth quarter revenue rise
The company says sales in North America were flat while international revenues increased 12 percent driven by strong demand in China truck and construction markets as well as the growth in new product sales in India.
February 4, 2021
Cummins Columbus Engine Plant
Outlook and Benchmarking
Meritor reports $32 million net income for Q1
Meritor posted sales of $889 million for the first quarter of fiscal year 2021, ended Dec. 31, 2020, down approximately one percent from the same period last year.
February 3, 2021
Shutterstock Calculator
Outlook and Benchmarking
FTR to join HDMA on next Pulse webinar
FTR will join the Heavy Duty Manufacturers Association (HDMA) for its next industry Pulse webinar, set for 1 p.m. ET, Wednesday, Feb. 17.
February 1, 2021
Shutterstock 1031431486
Indicators
HD Aftermarket Dialogue details depth of 2020 recession, offers optimism for 2021, thoughts on new president
This year's virtual Heavy Duty Aftermarket Dialogue (HDAD) featured optimism for 2021 in the trucking industry, thoughts on President Biden, and more.
January 25, 2021
HDAD US Aftermarket growth
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Business operations
Building cohesive pricing strategies key to parts distributors’ e-commerce success
To have a functional, flexible and comprehensive pricing matrix in today’s aftermarket, distributors must also be masters of their digital footprints.
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Used trucks
Used prices expectedly rise thanks to lower volumes in January, J.D. Power reports
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Heavy-duty repair shops don’t face the same challenges as their light-duty counterparts – so why are they so often lumped together?
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