Outlook and Benchmarking

Outlook and Benchmarking
Meritor reports mixed second-quarter results
Meritor posted sales of $983 million, up $112 million, or approximately 13 percent, from the same period last year. The company's commercial truck segment was up, while its aftermarket business was down year over year.
May 4, 2021
Meritor Inc Logo
Outlook and Benchmarking
Dana reports strong Q1 financials
Dana Inc. reports sales for the first quarter of 2021 totaled $2.26 billion.
April 28, 2021
Numbers
Outlook and Benchmarking
Paccar CEO reports 'very good' quarterly revenues, profits
Paccar Parts achieved record Q1 sales and profits this year because of strong freight activity, high truck utilization and investments in distribution and innovative technology.
April 27, 2021
Next Generation Kenworth T680 and Peterbilt Model 579 Trucks
Outlook and Benchmarking
Rush Enterprises reports Q1 revenues of $1.2 billion
Rush Enterprises announced that for the first quarter ended March 31, 2021, the company achieved revenues of $1.232 billion and net income of $45.3 million.
April 23, 2021
Shutterstock Crunching Numbers
Outlook and Benchmarking
PacLease names top dealer franchise for 2020
Kenworth Sales Company was recently named the PacLease 2020 North American Franchise of the Year.
March 29, 2021
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Outlook and Benchmarking
ACT Research: Can heavy-duty vehicle supply keep up with demand?
Supply will be the determining factor of this year’s heavy-duty vehicle market, not demand, which remains hot, according to ACT Research’s recently released Transportation Digest.
March 22, 2021
Shutterstock Parked Trucks
Outlook and Benchmarking
ACT Research: Infrastructure investment, green initiatives good for CV demand
While the trucking industry might escape short-term focus, longer-term efforts, like infrastructure investment, will be good for truckers, particularly vocational trucks, and green initiatives will drive demand for zero-emission commercial vehicles.
March 16, 2021
Shutterstock=trucks Expressway
Outlook and Benchmarking
Volvo names top Canadian dealers
Volvo Trucks North America named Hickman Truck Centre, located in St. John’s, Newfoundland and Labrador, as its 2020 Canada Dealer Group of the Year.
March 12, 2021
Volvo Trucks Canada Dealer Of The Year Hickman Truck Centre
Outlook and Benchmarking
ATD makes performance measurement guide available
The American Truck Dealers (ATD) announced Wednesday its annual ATD Performance Measurement is now available for members.
March 10, 2021
Atd
Outlook and Benchmarking
Navistar reports first quarter adjusted net income of $5 million
Throughout the quarter, the company remained focused on its Navistar 4.0 business strategy and reinforced its position as one of the advanced technology leaders within the industry, the company says.
March 9, 2021
Navistar International Lt On Highway
Outlook and Benchmarking
Volvo recognizes dealer network, names top dealer for 2020
Volvo Trucks North America named Advantage Truck Center as its 2020 North America Dealer Group of the Year as well as its top regional dealership groups during a recent virtual awards ceremony.
March 8, 2021
Volvo Trucks Dealer Of The Year Advantage Truck Center
Indicators
‘His administration’s lack of business experience will hurt trucking.’
The driver shortage hasn’t abated and fuel costs may are again on the rise, but it’s the new presidential administration that’s generating uncertainty for fleet customers in 2021.
March 5, 2021
Getty Images Trucks Highway 600ed42e848a6
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
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Service and repair
Outfitting the optimal mobile service truck
Properly outfitting a service truck is an essential step in building a viable mobile business. Sending a truck to a unit down customer for service can potentially shave hours or days off their downtime, but only if the truck and tech are prepared.
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To help bring an end to the global chip shortage, engine and vehicle manufacturers have asked the Biden administration to focus more on addressing their needs for semiconductors.
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Manufacturers call on Biden to fix chip shortage
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Fleets desire to reduce service outsourcing in 2021
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.
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How to Grow & Scale Your Repair Shop
Ever thought about starting your own diesel repair shop? Fullbay’s expanded guide will show you the necessary steps to bring your new business into the world.
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