Volvo Group reported a marginal increase in net income and a modest bump in revenue in the third quarter, citing slowing markets for trucks, construction equipment, and marine and industrial engines.
U.S. Class 8 retail sales punched through to an all-time record high of nearly 29,000 in September, WardsAuto.com reported, but analysts cautioned against reading it as a turnaround.
PALM BEACH, Fla. — A leading consultant and top executives at three fleets outlined the state of the trucking industry and overall economy to trailer dealers and suppliers during a meeting here, with discussion focused on changing conditions and persis…
U.S. retail sales of Class 4 through Class 7 trucks rose 5.8% in September compared with a year earlier, and included large gains in Freightliner sales of Class 7 vehicles.
PALM BEACH, Fla. — As the market slows, trailer dealers need to pay closer attention to customer relations, inventory management, accounts receivables and employees, an industry consultant said.
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.
The U.S. average retail price of diesel slipped 1.9 cents to $3.047 a gallon, the Department of Energy reported Oct. 7. It was the third consecutive decline.
Recent research concluded about one-third of newly hired drivers at a broad range of motor carriers failed to last 90 days, but experts agreed carriers could help stem the costly turnover.
Volvo Group celebrated a milestone in the number of connected vehicles sold to customers over the past 25 years, while its truck unit, Volvo Trucks, celebrated its 50th anniversary of performing accident reconstruction and analysis.
Beverage company Anheuser-Busch announced it will deploy 21 Class 8 battery-electric trucks in its California fleet as part of a state project to showcase economically and environmentally sustainable warehousing and distribution technology.