Ryder deploys Volvo VNR Electric trucks to service Volvo assembly operations
Volvo Trucks North America has delivered seven Volvo VNR Electric trucks to Ryder System to support local supply chain routes servicing the Volvo Group’s truck assembly operations in Pennsylvania. Ryder replaced the diesel trucks that were previously servicing the route and will operate the zero-tailpipe emissions Class 8 battery-electric trucks to support the Volvo Group’s
ATRI Research evaluates charging infrastructure challenges for the U.S. EV fleet
The American Transportation Research Institute (ATRI) released a new report that assesses the infrastructure requirements for converting the U.S. vehicle fleet to battery electric. This analysis, a 2021 top priority of ATRI’s Research Advisory Committee, focused on three critical challenges for nationwide vehicle electrification: The study found that full electrification of the U.S. vehicle fleet would
Strong November Class 8 orders likely pushed backlog higher
Preliminary NA Class 8 net orders in November were 33,000 units, while NA Classes 5-7 net orders were 21,400 units. Complete industry data for November, including final order numbers, will be published by ACT Research in mid-December. Regarding the strength in Class 8 orders, Eric Crawford, vice president and senior analyst, ACT, shared, “OEMs having
CV Powertrain initiatives keep rolling against economic slump
According to the recently released N.A. Commercial Vehicle On-Highway Engine OUTLOOK, published by ACT Research and Rhein Associates, the commercial vehicle (CV) industry continues to invest in new powertrain initiatives and lower carbon emissions from CV fleets despite an unfavorable economic outlook. When asked about the US economic outlook, Kenny Vieth, president and senior analyst,
Fullbay payment process now accepts fleet checks, cards
Fullbay has released an upgrade to its payment processing to now accept fleet checks and fleet cards. With this new product integration, repair shops utilizing Fullbay Payments can now accept and manage fleet checks and fleet cards, along with credit card and ACH transactions, without needing a separate solution. Fullbay Payments accepts credit cards and
CFI associates raise $41k in Truckloads of Treasures campaign
For the 29th consecutive year, associates of CFI have come together to raise funds that will support the critical needs of local charities and community service organizations in cities where CFI employees live and work across the U.S., Canada and Mexico. This year, the annual Truckloads of Treasures holiday giving campaign raised $41,000, which pushes
The biggest heavy-duty truck stories of 2022
Let’s put this year in perspective. In January, just 12 months ago, the U.S. set a record for COVID-19 hospitalizations. Five months later in May, ACT Expo in-person attendance grew by 60% compared to the show that took place nine months earlier and the truck market was booming but hampered by supply chain shortages. And
Heavy Duty Aftermarket Week ’23 product expo nears capacity
Conference organizers for Heavy Duty Aftermarket Week (HDAW) say that the Product Expo is nearly sold out and is expected to reach full capacity for the 2023 event. To date, over 95% of exhibit space has been sold, covering more than 59,000 square feet of exhibit space. The HDAW ‘23 Product Expo will feature hundreds of
Motive, Progressive Commercial partner on AI safety solution
Motive and Progressive Commercial are offering a 40-50% monthly per vehicle subsidy on the Motive Driver Safety solution that collects data about driver behavior and provides insights into safety risks and ways to address them. Motive has also been named as one of Progressive Commercial’s preferred vendors in its Smart Haul program. Through the Progressive
Used Class 8 retail sales fell in October
According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 retail volumes (same dealer sales) were down 19% m/m. Average mileage was flat, with average price down 2% and age up 5%, m/m. Longer term, average price and miles were higher y/y, with
October data show US trailer orders continue to rush in
October net US trailer orders of 47,860 units were 83% higher compared to last month, +57% on a seasonally-adjusted basis, and 171% above the year-ago October level, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailers report. “Discussions across the past month indicate trailer OEM business conditions, including 2023 demand, material/component supply
Despite current economic activity, 2023 trucking decline yet to come
In the release of its Commercial Vehicle Dealer Digest, ACT Research reported a slightly raised 2022 GDP forecast despite current economic activity, but analysts continue to expect a decline in 2023. According to Kenny Vieth, president and senior analyst, ACT, the Federal Reserve will continue to aggressively raise interest rates so long as inflation remains