Five truck trend takeaways from June

Five truck trend takeaways from June

We know it’s not easy to keep up with everything that happens in the world of trucking. So here are the biggest stories from June focused on the latest truck trends, all in one place.

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We know it’s not easy to keep up with everything that happens in the world of trucking. So here are the biggest stories from June focused on the latest truck trends, all in one place.

5. Navistar moves to settle class action lawsuits, Troy Clarke sets sights on future

Navistar took a major step to resolve the legal accusations filed in 2014. U.S class action plaintiffs have filed a motion seeking preliminary judicial approval of a settlement agreement that, when effective, will be a major step in resolving EGR litigation related to Model Year 2011-2014 Class 8 trucks sold with the company’s big bore engines, the company stated. In anticipation of that settlement, Navistar is taking a $159 million charge, including $135 million to reflect the cost of the proposed settlement and an additional $24 million for certain other engine lawsuits that are not included in the settlement agreement.

This preliminary step toward the settlement of these class action lawsuits supports the company’s ongoing efforts to focus on Navistar’s current and future market opportunities. You can read more here.

4. Fleets can maximize profits by making the most of data

This month’s fleet profile goes over the benefits one fleet—GCI Gravel Conveyors and Slingers—has seen through the use of data in a unique application. Read more of their story here.

3. Implementing trailer tracking systems can streamline operations

With industry challenges such as driver shortages and high levels of equipment utilization, efficiently managing trailers is more critical than ever. Real-time visibility into the location and status of assets has a direct impact on improving productivity and efficiency, and in lowering costs.

Senior Contributing Editor Seth Skydel has more on trailer tracking here.

2. Electric trucks on the road now can tell us about electric trucks of the future

Electric trucks are hitting the road. As you read this, trucks from both Peterbilt and Kenworth are in use in California ports; electric Freightliner and Fuso models from Daimler Trucks North America are in use by customers now as well. Others are poised to be on the road soon, including some from Volvo Trucks, which sent its first electric trucks to European customers in February and which is planning to have demonstrators of its North American VNR Electric in California next year.

And beyond the (extremely cool) fact that what once may have seemed like a distant fantasy has now officially become a full-fledged reality, there’s a lot we can learn from observing these trucks. Watching especially closely will be the truck OEMs and suppliers themselves, who plan to use the information gathered from observing these trucks to build the next generation of electric vehicles for more widespread use.

Read more about what we can learn from today’s electric trucks here.

1. Seeing the Solution: Volvo Trucks North America president Peter Voorhoeve is focused on producing the right tool for the job

In June’s cover story, Jason Morgan talks with Peter Voorhoeve about electric trucks, automation, the continued focus on diesel power and producing the right tool for the job.

Read the full executive interview here.

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Navistar releases decarbonization update in 2023 sustainability report

Navistar said the report also looks at its commitment to sustainability through environmental initiatives, human rights due diligence and more.

Navistar-2023-sustainability-report

Navistar recently shared its 2023 Sustainability Report, which the company says highlights how it is "accelerating the impact of sustainable mobility with its main area of strategic focus on decarbonization." Navistar said the report also shines a light on how the company is solidifying its commitment to sustainability through circular business practices, social impact and environmental compliance initiatives, human rights due diligence, and diversity, equity, and inclusion efforts.

Scania opens orders for autonomous mining trucks

Scania’s 40-tonne autonomous heavy tipper for mining available to order, and the 50-tonne model to follow shortly afterwards.

Scania-autonomous-mining-truck
FTR: Truck orders exceed recent trends in May; vocational sales stand out

Not only are orders up m/m and y/y, FTR said this level is above recent demand trends and 2% above the average for May over the past decade.

FTR-May-Preliminary-Class-8-orders
PACCAR MX-13 CARB compliant engine available in Peterbilt 579, 567, 589

The PACCAR MX-13 diesel engine meets the CARB Omnibus Regulation and is available in high performance or efficiency focused ratings.

Cummins, PACCAR, Daimler Truck N.A. complete joint venture formation

The completed joint venture is now known as Amplify Cell Technologies.

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FTR sees rise in April trailer orders

With 13,016 units sold, April saw 9% m/m and 45% y/y gains. However, trailer orders were still 20% below the average for the last 12 months.

FTR-april-trailer-orders-chart
FTR: Neutral outlook despite Shippers Conditions Index improvements

Stable diesel prices and slightly more favorable rates resulted in a better market for shippers in March, but conditions may deteriorate soon.

FTR-Shippers-Condition-Index-March-chart
Food Forward Inc. uses Volvo VNR electric to fight food insecurity

Food Forward says food insecurity and climate change are interconnected global issues, and this move helps address both at once.

Food-Forward-Volvo-VNR-Electric
Daimler Truck N.A. to add EV training center, engineering facility to Oregon HQ

The investments include a new Electric Vehicle Supply Equipment (EVSE) training center, and a new engineering facility.

Daimler-Portland-HQ-Clean-Transport-investments