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Task Force Continues to Examine Truck Purchase Agreements

Members of a specially appointed Truck Leasing Task Force recently concluded that many lease-purchase agreements don't give owner-operators a realistic chance to own their trucks.

July 22, 2024

Ontario Targets Predatory Towing Practices

Cracking down on predatory towing, Ontario now requires tow truck drivers and vehicle storage operators to have a certificate to operate in the first such move by a Canadian province.

July 22, 2024

Yokohama to Buy Goodyear’s OTR Tire Business for $905 Million

Yokohama Rubber Co. agreed to acquire Goodyear Tire & Rubber Co.’s off-the-road tire business for $905 million as part of the Japanese manufacturer’s global expansion plan.

July 22, 2024

Class 8 Sales Continue Trending Below Year-Ago Period

U.S. Class 8 retail sales in June experienced their 11th consecutive month of year-over-year declines, according to data from Wards Intelligence.

July 19, 2024

Volvo Q2 Profits Jump on Price, Margin Increases

Volvo Group profits jumped year on year in the second quarter of 2024 on the back of truck price increases and improved margins for construction equipment plus marine and industrial engines.

July 18, 2024

Trailer Orders Fall 19% in June to 6,300 Units

U.S. trailer orders continued trending below the year-ago figures in June, ACT Research reported.

July 18, 2024

Trucking Weathers Another Increase in Cargo Theft for Q2

The trucking industry continued to weather an increase in cargo theft activity during the second quarter of 2024.

July 18, 2024

Paccar Technical Center Expands Campus, Adds Staff

The Paccar Technical Center continues to grow in size and head count, some 42 years after the Mount Vernon, Wash., facility began operations, according to its top executive.

July 18, 2024

Peterbilt Rolls Out SmartLINQ Prognostics Software Addition

Peterbilt recently launched a broader rollout of its Prognostics diagnostics software, a senior executive said.

July 18, 2024

Ford Commits $3 Billion to Boost Truck Output After EV Delay

Ford will invest $3 billion to build its profitable Super Duty F-Series pickup truck at a plant in Ontario, shifting focus at the site after previously delaying plans for an electric SUV.

July 18, 2024