Volvo Group posted record second-quarter profits but accepted fewer orders and shed market share during the quarter.
Volvo Group reported higher truck sales, profits and market share in the second quarter despite ongoing supply chain disruptions.
Kenworth spent five years preparing a new range of medium-duty trucks, its first all-new lineup in three decades.
Weathering the COVID pandemic drove Volvo Group sales lower in 2020, but market share was stable and new orders are pouring in.
The continuing impact from COVID impacts results but the Kenworth, Peterbilt and DAF parent company still turns in positive numbers.
Volvo Group Q3 sales and earnings trailed last year. But a recovery in heavy-duty truck orders and market share gains in North America improved a bleak picture.
The pandemic, trade war and a communication gap have muddled implementation of a $10-per-TEU surcharge.
Market share grew at Daimler Trucks North America and PACCAR even as Q2 sales sank under the weight of the COVID-19 pandemic.
Analysis concludes West Coast ports have lost 19.4% of market share since 2006.
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Market share gains, growing order backlog and record sales of parts buoy truck maker PACCAR despite lower first-quarter revenue and profits
High-impact snowstorms not likely this week in high-volume freight markets. Mostly rainy weather, so overall impacts should be manageable.
Gusty winds, up to a foot of snowfall could slow down regional deliveries.
PACCAR overcame a slowdown in Class 8 truck orders to report record revenue and earnings in 2019, but fourth quarter results took a hit in both measures compared with a year ago.
Winter weather not stunting growth in Rock Island freight market.
Daimler Trucks is executing structural changes around the world because of sliding sales.
Navistar International Corp. (NYSE: NAV) is regaining chunks of market share in medium- and heavy-duty trucks, winning back customers who walked away several years ago because they could not rely on the company’s products. Navistar has averaged a percentage point of additional core share a year since 2016. It is noteworthy in an expanding market […]
Daimler Trucks North America, the industry sales leader, is not sweating the loss of big chunks of heavy- and medium-duty market share trucks through the first nine months this year.
Kenworth Truck Co. is finally satisfied that over-the-air software updates are safe for its trucks.
Peter Voorhoeve recently passed his first anniversary as president of Volvo Trucks North America after five years running Volvo Group’s (OTC: VLVLY) Australian operations. During his brief tenure, Volvo’s market share is down nearly a percentage point. But he isn’t sweating it. “For me, market share is a result, not an objective,” Voorhoeve said in […]
Navistar International Corp. blew past revenue and earnings estimates for its third fiscal quarter. It is reducing production but expects to gain market share in a softening market.
Apple’s manufacturing partner Foxconn Technology Group, which assembles Apple’s iPhone product in China, announced on Saturday that it has raised over $213 million for what it described as a “mega-development” in India.
Goldman Sachs issued a report last week highlighting the risks to incumbent brokerages’ margins and market shares, with useful information about the brokerage landscape and recent developments in VC funding that have powered new entrants.
The top five trucking origin points represent 18% of the volume in the freight market, according to a new index added to SONAR this past week
FreightWaves SONAR introduces market share indices to track relative volumes among US freight markets on a daily basis.
