Trucks & Trailers: Page 2

Retail used truck pricing officially trending negative year over year
“The average retail used truck price has descended into negative year over year territory for the first time since August 2020. Welcome to the new normal,” says Steve Tam, vice president, ACT Research.
December 16, 2022
Class 8 used truck heat map for November 2022
Trailer market stays hot with big November
The trailer order surge that began in October continued last month. November orders were down just 17 percent from October's incredible high, says Jennifer McNealy, director, CV market research and publications, ACT Research.
December 16, 2022
November 2022 Prelim Net Trailer Orders
Uber Freight, Volvo announce autonomous partnership
The partnership marks Uber Freight’s first commercial collaboration with an autonomous fleet, and it will serve as one of V.A.S.’s first customers to pilot its hub-to-hub autonomous offering.
December 14, 2022
Uber Freight and V.A.S. truck
Ryder launches drop-and-hook trailer service
"Despite a severe capacity shortage in the U.S., Ryder is in a unique position to tap into a sizable pool of underutilized trailers through our vehicle-sharing platform," says Dave Belter, vice president and general manager of transportation management.
December 7, 2022
Trucks pulling into loading docks.
TuSimple, Navistar end joint agreement
“I firmly believe in this company and its ability to improve the safety and efficiency of the trucking industry through world-class autonomous driving technology,” says TuSimple CEO Cheng Lu.
December 7, 2022
TuSimple’s logo
Detroit marks millionth engine made in Redford
“Detroit has been building world-class, state-of-the-art engines with industry-leading technology for over 84 years,” said Matt Pfaffenbach, head of operations at Detroit. "Our work is built on a foundation of pride, hard work and innovation."
December 7, 2022
A side view of a DD15 engine from Detroit.
ACT, FTR numbers show November Class 8 sales up over last year
"The market remains strong despite the economic uncertainties, and production still will be limited to some extent by supply chains and labor," says FTR CEO Jonathan Starks.
December 6, 2022
A line of new Class 8 trucks waiting on a lot. From left, they are white, red, and three gold ones.
TuSimple, Navistar call off autonomous partnership
TuSimple and Navistar are ending to their autonomous truck co-development partnership after just two years.
December 5, 2022
Navistar International Corp. in July 2020 announced it has taken a minority stake in autonomous truck retrofitter TuSimple, part of an investment by Navistar into TuSimple’s self-driving technology and after two years of an ongoing technical relationship between the two companies.
Optimal EV, Fontaine convert conventional vehicles to EVs
Ford E-450-based system converts conventional gasoline- or diesel-powered trucks and buses to electric power.
December 5, 2022
An image of a box truck with the electric powertrain highlighted.
Mack, Volvo expand EV business with Pacific Coast Heavy Truck
"We decided to become EV-certified so that we were ready to support our customers because it is clear the future of transportation, and trucking specifically, is moving toward electrification," says Pacific Coast's Ken North.
December 1, 2022
Two trucks, side by side, one a tractor and one a garbage truck.
Talbert marks 75 years of groundbreaking trailer
The non-ground bearing hydraulic removable gooseneck trailers have undergone a series of design adjustments since their inception in 1947 to increase safety throughout the loading and unloading process by offering ample clearance and stability.
November 30, 2022
An unloaded gooseneck trailer on a work site.
Used Class 8 sales drop 19 percent in October
“Same dealer retail sales of used Class 8 trucks fell in September, shedding 19% m/m,” says Steve Tam, vice president at ACT Research. He continued, “Used truck sales typically see a moderate increase in October, relative to September."
November 23, 2022
Used Heat Map 11 23 22
U.S. trailer orders up 91 percent over previous month
“Trailer manufacturers seem to have found themselves in a goldilocks environment for the moment. ... We expect these conditions to remain in place through mid-2023," says Jonathan Starks, FTR's CEO and chief intelligence officer.
November 22, 2022
Three tractor-trailers going down the road into the mountains.
Randall new president of Mack North America
Jonathan Randall, senior vice president of North American sales and commercial operations, was named president of Mack Trucks North America on Monday. He will take over Dec. 1.
November 21, 2022
Jonathan Randall stands next to a red Mack truck.
Reports: U.S. October trailer orders up as 2023 order boards open
“With more 2023 order boards opening, October net orders continued their upward trend,” says Jennifer McNealy, director, CV Market Research & Publications at ACT Research.
November 18, 2022
A fever chart displaying October 2022 preliminary net trailer orders of 46,750 units, an 82% increase from September.
Torc Robotics autonomous truck a mostly boring ride
Daimler subsidiary Torc Robotics gave CCJ a ride inside one of their autonomous Freightliners this week in Albuquerque, New Mexico.
November 17, 2022
Torc Daimler self driving Freightliner
Used market correction continues as pricing gulf expands
The pricing dichotomy between late-model, low-mileage trucks and all other equipment expanded in October as the used truck market continues its course correction to historical norms, J.D. Power reports in its November Commercial Truck Guidelines report.
November 17, 2022
Trucks driving over hill and down highway
Penske opens first LEED rental, leasing facility
Akron, Ohio, is home to Penske's first LEED-certified, sustainable rental and leasing facility.
November 17, 2022
A building with the Penske logo and a Penske truck out front.
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White truck going down long hill
Used trucks
Used truck depreciation intensified in December
With new trucks finally hitting highways en masse and dealers eager to get out from under excessive inventory by year end, the used truck market saw a large dip in price last month, J.D. Power reported in its January 2023 Commercial Truck Guidelines.
Mergers and acquisitions roundup
Mergers & Acquisitions
Dealers and aftermarket groups busy in new year
Cummins-Meritor better together slide
Components
Cummins offers update on Meritor integration
GenNext logo
Workforce
GenNext has opened nomination period for its 4 Under 40 Awards
Weldon Parts wins 2022 TPS Distributor of the Year
Distributor of the Year
Weldon Parts earns 2022 Distributor of the Year Award
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