Overall new business activity for 25 key American equipment financiers was up 3% to $9.2 billion in August, year over year, according to the Equipment Leasing and Finance Association.
October 3, 2019Government, Business, Equipment
Equipment Financing Shoots Up 3% in August, Says ELFA
Business, Equipment, Top 100
Class 8 Orders Off 71% From Year-Ago Levels
North American Class 8 orders in September cleared 12,000 units, ACT Research reported, citing preliminary data, but the volume remained just a faint shadow of what occurred a year earlier.
October 3, 2019Business, Technology, Equipment
CEO John Smith Steers FedEx Freight Toward E-Commerce Growth
FedEx Freight CEO John Smith sat down with Transport Topics editors and reporters to share his insights on the company and the trucking industry at large in the second installment of the "Accelerators" series.
October 2, 2019Business, Technology, Equipment
Wabco to Supply Altec with Safety Systems for Medium-Duty Trucks
Wabco Holdings Inc. announced it will provide its advanced emergency braking system to Altec Inc. for use on medium-duty trucks Altec equips for the electric utility, telecommunications, tree care, lights and signs, and contractor markets.
September 30, 2019Business, Technology, Equipment, Fuel
TTSI Replaces Trucks With Near-Zero-Emission Models
Total Transportation Services Inc., a Southern California drayage company, will replace its entire diesel trucking fleet with near-zero emission natural-gas trucks.
September 30, 2019Business, Equipment
Pressure Systems International Notches Milestone
Pressure Systems International announced it produced its 1.5 millionth automatic tire inflation system for commercial vehicles at its facility in San Antonio in September.
September 30, 2019Business, Technology, Equipment, Logistics
Ryder Launches National Customer Support Center, Anchorage Site
Ryder System Inc. has launched a nationwide rollout of Ryder Assist Now, its single-source customer support center.
September 27, 2019Business, Technology, Equipment, Fuel
Trailer Orders Fall for Fourth Straight Month
U.S. trailer orders in August bounced along below 11,000 units for the fourth consecutive month and were 72% lower than a year earlier, according to ACT Research, amid near-record factory inventories of undelivered trailers, plus plentiful cancellations.
September 26, 2019Business, Equipment
Average Used Class 8 Price Falls for First Time Since January 2018
The price of the average used Class 8 truck sold in August fell year-over-year for the first time in 20 months as inventory piled up, ACT Research reported.
September 26, 2019Business, Technology, Equipment, Fuel
China Battery Giant Shrugs Off Headwinds With $1.4 Billion Plan
China’s top maker of electric-vehicle batteries plans to spend $1.4 billion (10 billion yuan) building its first factory in the southwest of the country, adding to ambitious plans for the next decade even as the short-term EV outlook gets buffeted by subsidy cuts and demand uncertainties.
September 26, 2019