Business: Page 2

Outlook and Benchmarking
HDA Truck Pride updates members on supply chain
HDA Truck Pride reconvened its member and supplier bases for the second time in less than a year Wednesday when it kicked off its Annual Meeting in Orlando.
April 28, 2022
HDA Truck Pride logo
Growth strategies
Phillips Connect’s new facilities support growth of the company
Phillips Connect has expanded its business facilities to accommodate explosive growth since 2020, the company says.
April 27, 2022
Phillips Connect’s testing/development laboratory
Outlook and Benchmarking
Dana announces rising sales in first quarter earnings
Dana Incorporated announced its financial results for the first quarter of 2022 Wednesday. The company says sales for the first quarter of 2022 totaled $2.48 billion, compared with $2.26 billion in the same period of 2021.
April 27, 2022
Dana logo
Growth strategies
Felling Trailers adds new dealer
Felling Trailers has signed Floyd’s Truck Center as an authorized Felling Trailers dealer. Floyd’s Truck Center has nine locations across Nebraska, Wyoming, South Dakota and Montana.
April 27, 2022
Floyd's Truck Centers adds Felling Trailers
Outlook and Benchmarking
Rush Enterprises reports first quarter revenues of $1.6 billion
“We are extremely proud of our strong financial results, including overall revenues and net profit, which were both first quarter records,” says W.M. “Rusty” Rush, chairman, CEO and president.
April 27, 2022
Rush Truck Center with trucks in front
Outlook and Benchmarking
RV pricing update highlights skyrocketing equipment prices
A recent pricing update report by Price Digests showcasing skyrocketing acquisition costs in the recreational vehicle (RV) market further illuminates how much equipment pricing has transformed over the last two years.
April 26, 2022
RV driving in Banff
Outlook and Benchmarking
Paccar reports record parts sales in Q1 earnings
Paccar CEO Preston Feight announced Tuesday the company reported "excellent revenues and net income" for the first quarter of 2022, with consolidated net sales and revenues of $6.47 billion compared to $5.85 billion earned in the first quarter of 2021.
April 26, 2022
Paccar corporate product lines
Mergers & Acquisitions
FleetPride surpasses 300 locations
FleetPride has acquired the assets of Murray's Diesel Repair of Shreveport, La., expanding its national network to more than 300 locations.
April 26, 2022
FleetPride logo
Growth strategies
JIT Truck Parts expands catalog with Peterson lighting products
JIT Truck Parts announced the addition of Peterson Manufacturing’s vehicle and trailer LED lighting and wiring harness systems into JIT's category of lighting products.
April 26, 2022
Peterson Manufacturing oval light
Growth strategies
SAF-Holland opens Cincinnati aftermarket distribution center
SAF-Holland will be moving its Eastern Region Aftermarket Distribution Center to a newly built, Class-A distribution facility in northwest Cincinnati.
April 25, 2022
SAF-Holland rendering of new distribution center in Cincinnati
Business
Embark Trucks prioritizes safety, sustainability as it commercializes autonomous trucks
Embark Trucks Inc. announced the release of its inaugural Environmental, Social and Governance (ESG) Report.
April 22, 2022
Embark autonomous trucks
Growth strategies
Penske Truck Leasing grows in Pacific Northwest
Penske Truck Leasing has opened a new facility in Everett, Washington, its first new build by the company in the state.
April 22, 2022
Penske Truck Leasing in Everett, Washington
Growth strategies
Cummins Filtration submits statement for proposed IPO
Cummins on Thursday announced its Filtration business has confidentially submitted a draft registration statement on Form S-1 with the U.S. SEC for a proposed underwritten initial public offering (IPO) of newly issued common stock.
April 21, 2022
Cummins facility
Growth strategies
Love's adds two service centers to network
Love's Travel Stops opened two new locations Thursday, adding fourteen service bays to its national network.
April 21, 2022
Love's facility in Pageland, S.C.
Outlook and Benchmarking
Supply chain, inflation, other concerns addressed by HDMA Pulse Webinar
Inflation and materials supply continue to weigh heavily on the minds of suppliers according to Wednesday’s Heavy Duty Manufacturers Association (HDMA) Pulse Webinar.
April 21, 2022
John Blodgett, vice president, Sales & Marketing, MacKay & Company; Richard Anderson, senior director, Research & Analysis, HDMA; and Dr. Bob Dieli, economist, MacKay & Company
Growth strategies
Milwaukee Tool opens engineering ‘New Technology’ office
Milwaukee Tool has announced the opening of Milwaukee Tool – Chicago. It will serve as an engineering design and innovation space to accommodate the continued investments in technology.
April 19, 2022
Milwaukee Tool has announced the opening of Milwaukee Tool – Chicago.
Mergers & Acquisitions
MAC Trailer purchases dump trailer brand to expand product coverage
MAC Trailer Enterprises has expanded its aluminum dump trailer product line with the purchase of Bullet Trailer and its Washington production facility.
April 18, 2022
Bullet Trailer has been acquired by MAC
Business
Diesel Laptops joins ADS, CVSN
Diesel Laptops says it is committed to staying up to date with developments in the diesel industry and networking with other leaders in the field who share this concern.
April 18, 2022
Diesel Laptops truck
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Top Stories
Electricity from wheel ends routing to batteries
Components
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
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Freightliner unveils new electric eCascadia
Goodyear soybean-oil developed tires
Components
Goodyear integrating soybean oil compound into transit bus tires
Employees looking at computer monitor in warehouse
Business operations
The importance of e-commerce sites during a parts shortage
Jim Allen's truck at Karmak HQ
Business operations
Karmak CEO Jim Allen’s unique approach to customer service and engagement
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