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Ryder Increases Dividend, Adds Maintenance Facility

Ryder System Inc. increased its regular quarterly cash dividend by 2 cents to 56 cents per share.

July 12, 2019

Officials Say Diesel Technician Shortage Starting to Ease as Recruiting Pays Off

A leading trucking official said ā€œthere is definitely a shift going onā€ for the industry to address its critical shortage of technicians.

July 11, 2019

Class 8 Orders Come in at 13,000 for June as Freight Movement Slows

North American Class 8 orders in June fell sharply from a year ago and primarily reflected replacement demand amid questions about the strength of the freight market, ACT Research reported.

July 3, 2019

Greenbrier Reports Lower 3Q Net Income, but Higher Revenue

The Greenbrier Cos. reported record quarterly revenue for its third fiscal quarter of 2019, citing higher delivery volumes in the three months ending May 31, compared to the previous quarter.

July 2, 2019

Volvo Group to Spend $400 Million on Plant Upgrades, Expansion

The Volvo Group on June 28 announced plans to invest nearly $400 million over six years to upgrade its New River Valley, Va., plant that produces all Volvo trucks sold in North America.

June 28, 2019

Used Class 8 Prices Up 6% in a Year as Inventories Increase

The average used Class 8 truck brought a higher sales price in May than in the same month a year earlier, but with inventories gradually building and growth in the freight market slowing down after last year’s boom, analysts are divided on the long-term outlook for values.

June 27, 2019

Trailer Orders in May Fall to Lowest Point in Nearly Three Years

U.S. trailer orders plunged below 11,000 in May to the lowest point in nearly three years, tracking the orders for Class 8 vehicles that plummeted earlier in the month.

June 27, 2019

Experts: Trucking Companies Should Use Data Collected to Improve Margins, Decrease Downtime

ARLINGTON, Va. — Trucking companies that effectively mine the data generated by their operations can free up time and capital to invest in other areas of their businesses, experts said at an industry meeting here.

June 27, 2019

Worklete Continues Expansion Into Trucking Industry Safety Training

A software company that specializes in training people to adopt safer work habits is expanding its executive ranks as it targets reducing on-the-job mishaps that can cause serious injuries and potentially increase motor carriers’ insurance rates.

June 26, 2019

Supreme Court Refuses to Hear Challenge to Trump’s Steel Tariffs

The U.S. Supreme Court refused to question President Donald Trump’s imposition of more than $4 billion in steel tariffs, turning away an appeal that challenged his use of national security as the legal justification for his trade agenda.

June 24, 2019