Most trucking experts anticipate we’re headed into a freight recession — or we’re in one already. Yet truckers are ordering more equipment.
A strong freight market and manufacturer backlogs have ignited demand for leased equipment from fleets far surpassing supply. This extraordinary demand could continue to outstrip supply well into 2022.
16 companies control 80% of the world’s liner shipping, container production and box-leasing capacity
CRST’s dedicated solutions place the individual customer at the focus to add value and maximize service.
Recent market volatility could prompt carriers to choose leasing over buying as they build their fleets back up to meet rebounding demand.
Fleet Advantage is adding predictive modeling to its ATLAAS platform, giving fleets a look at vehicle replacement cost savings at specific points in time.
Demand headwinds for agricultural and transportation equipment were the factors behind Cervus Equipment’s operating loss in the third quarter of 2019.
Meritor is expanding its Blue Horizon brand of electrified products as it positions itself to be a leading supplier for electric and hybrid vehicle powertrain solutions.
TTN Fleet Solutions will provide emergency roadside services to Mckinney Trailer Rentals.
Understanding all of your options when it comes to improving driver comfort
The ultimate guide to putting your money towards the most efficient trucks in the industry
Volvo Trucks has announced a $400M investment and expansion of the plant that will add 777 jobs over the next six years.
Seeking to strengthen its portfolio of off-highway, defense and aftermarket business, Meritor (NYSE: MTOR) is acquiring AxleTech from the investment firm The Carlyle Group. Meritor will pay approximately $175 million in cash, adjusted for changes in working capital at closing. The deal is subject to regulatory approvals and customary closing conditions. AxleTech’s offerings include a […]
Xtra Lease announced it will invest more than $300 million to buy more than 10,000 trailers in 2019, the company’s largest capital investment in over-the-road trailers in a single year.
New truck orders dipped in November, along with seasonal trends, but remain strong year-to-date with 468,000 units ordered so far in 2018.
The tax changes of 2017 caused some fleets to consider leasing as opposed to buying, and new accounting rule changes could have a similar effect, says Fleet Advantage.
Family owned TEC Equipment operates 26 Mack and Volvo truck dealerships in five states. In June, the company opened a $30 million location in Fontana, CA. Here is a look at that facility.
To help fleets maximize the value of their equipment, Ryder has launched an Airbnb-type sharing platform that facilities the rental of idle equipment to those in need.
The annual American Trucking Associations’ Technology & Maintenance Council annual meeting is one of those trade shows that industry professionals come away with not just knowledge, but best practices that will guide them throughout the year.
The movement of goods is booming in Latin America (LATAM) and it is resulting in a significant rise in the number of commercial vehicles being sold in the region.
Truck drivers are concerned with pay, but it’s not the most important topic on their mind when providing feedback to their employers. WorkHound compiled a list of topics drivers talked about the most, and pay only came in fourth. What was number one?
