Five truck trend takeaways from July
Make sure you’re up to date on all the heavy-duty action.
Used Class 8 sales ‘better than expected’ in June
These findings suggest that the dealers involved in their database have likely improved their market share penetration.
U.S. freight market bouncing along the cycle bottom
Driver capacity models suggest the record declines in freight rates should be pushing out more jobs.
FTR’s May Trucking Conditions Index just barely changes M/M
Weak rates and elevated financing costs are expected to offset tiny incremental improvement in freight demand and utilization.
Orange EV assists warehouse operators through WAIRE compliance obligations
Operators utilizing the Orange EV Rental Program are earning significant WAIRE points for each truck.
Peterbilt delivers Model 520EVs to Republic Services’ Anaheim fleet
The company notes that it can complete a full day’s collection route on a single charge and utilizes regenerative braking.
June used truck market sees historically expected sales gains
Compared to June of 2022, volumes and miles increased 24% and 1%, respectively, but price and age declined 27% and 9%.
Stellantis executive to speak on sustainability at MEMA Sustainability Summit
Sustainability: Competing in Today’s Environment is a full-day conference co-hosted by the MEMA Center for Sustainability and MEMA Government Affairs.
Penske pairs ConMet zero-emission refrigerated tractor-trailer with Freightliner eCascadia
Based on initial route performance, this reefer configuration could reduce annual TRU fuel consumption and CO2 emissions.
ACT: Net trailer orders fall, cancellations elevated but 2024 books opening
“It is no surprise that net orders in June were the lowest they’ve been so far this year. That is simply part of the cycle.”
Kenworth donates T680 truck as 2023 ‘Transition Trucking: Driving for Excellence’ award
Finalists will be invited to Columbus, Ohio to tour the National Veterans Memorial and Museum, followed by a tour of the Kenworth Chillicothe manufacturing plant.
Fullbay survey: Heavy-duty repair shop profits and revenue rose in 2022
In 2020, 20% of shops didn’t know their net profit, but that number dropped to 10% in the 2022 study.
