Used Class 8 pricing fell for the 12th consecutive month compared with a year earlier, down 22% for the largest drop in that extended period, ACT Research reported.
May 28, 2020Search
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March Used Truck Prices Continue 2020 Slide
Class 8 used truck sales in March slipped 12%, and the average price dropped about $7,000 compared with a year earlier, ACT Research reported.
April 29, 2020J.B. Hunt Reports Mixed Results for Q1
Truckload carrier J.B. Hunt Transport Services Inc. reported lower first-quarter net income on increased operating revenue on April 14.
April 16, 2020NFI Motivated to Move Forward on Electric
CHINO, Calif. — For-hire carrier NFI is planning broader adoption of electric Class 8 trucks after six months of testing the Freightliner eCascadia in Southern California, the company said.
February 19, 2020Schneider Donates 10 Tractors to CDL Schools
Schneider is donating 10 gently used, late-model trucks to select CDL driver training programs at community or technical colleges throughout the U.S., the company said in a news release Nov. 15.
November 15, 2019Canadian Carrier Mullen Sees Q3 Earnings Decline as Oil Shipments Fall
Canadian carrier Mullen Group Ltd. posted a 6.4% decline in net income in the third quarter, to C$20.5 million or 20 cents per share, according to a company news release Oct. 24.
October 30, 2019Layoffs Hit Stevens Tanker, Amazon Contractors
Closures and layoffs continue to vex the trucking industry in 2019, but three recent downsizings were attributed by the companies involved more to the vicissitudes of the energy, retail and final-mile industries than to a slowdown in the overall freight market.
October 22, 2019UPS Invests $450 Million in CNG Trucks, Stations
UPS Inc. announced it will spend $450 million to add 6,000 vehicles powered by compressed natural gas as well as supporting infrastructure beginning next year.
October 9, 2019Class 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, 2019NACFE Names Drivers for Regional Run on Less Showcase
Ten regional-haul drivers, whose experience ranges from one year to 42 years, will participate in the Regional Run on Less fuel efficiency roadshow from Oct. 7 through Oct. 25, the North American Council for Freight Efficiency announced Sept. 10.
September 10, 2019