order backlog
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Equipment
August trailer orders post best month since October 2019
The continuing rebound in trailer orders is in line with three-year high in spot freight rates as consumers buy more goods than services.
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Equipment
Wabash National minimizes Q2 pandemic impact
Trailer builder Wabash National kept the business impact of COVID-19 to a minimum in the second quarter. It even paid back money it borrowed and…
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Company earnings
PACCAR hits record revenue and profit in 2019
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…
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Trucking
Class 8 truck orders tumble to decade low
New Class 8 truck orders dipped to their lowest level in a decade in 2019, payback for an ordering frenzy a year earlier.
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Equipment
October trailer orders hit 11-month high
Preliminary orders for new trailers met expectations in October reached their highest level in 11 months, upholding expectations for a good, but not great 2020.
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Equipment
Class 8 truck orders rebound in October
The traditional ordering season for new Class 8 trucks opened in October with the highest activity in 11 months. Still, the number of orders placed…
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News
Volvo Trucks will lay off 3,000 workers because of UAW strike at Mack Trucks (with video)
The impact of a United Auto Workers’ strike at Mack Trucks will nearly double next week when Volvo Trucks North America lays off about 3,000…
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News
Market leader Freightliner to cut 900 production workers in North Carolina
Four of six major truck makers are reducing production line speed and/or laying off manufacturing workers. Market leader Daimler Trucks North America will cut 900…
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Business
Trade uncertainty stunts Class 8 truck orders
Preliminary September orders for Class 8 trucks improved over August but remained stagnant as fleets delayed booking new equipment in the face of ongoing trade…
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Business
Navistar cuts medium-duty truck production in Ohio
Navistar is the first to slow production lines for new trucks. It is targeting medium-duty units because inventories are up 30 percent year over year.
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