Five truck trend takeaways from May

Five truck trend takeaways from May

Your fleet's role in facilitating the smooth and efficient movement of people and goods becomes paramount during this bustling period.

June signifies the arrival of summer, bringing forth a vibrant season filled with endless possibilities. While we delight in the joys of basking in the sun and indulging in well-deserved moments of leisure, it is important to recognize that this is a bustling time for your fleet. As the season reaches its peak, your fleet is faced with a flurry of activities and an increasing need for seamless transportation and logistics. The role of facilitating the smooth and efficient movement of people and goods becomes paramount during this bustling period. Where do you even begin? Not to be biased, but this is probably a great starting point.

5. Electrification, hydrogen joining forces

Michael Lohscheller, CEO of Nikola Trucks, talks about Nikola’s technology development on both the hydrogen fuel cell and battery electric fronts. The company has been actively preparing for aftersales support for its Class 8 battery-electric truck. Just one example of this is the partnership between Alta eMobility and Nikola Corp., which has led to the expansion of electrified fleet and charging solutions in Northern Illinois and Florida. Read on to learn about how Nikola is working to foster the benefits of each technology.

4. Securing cargo, making deliveries without a hitch

Proper cargo securement serves a dual purpose: it not only protects the delivery itself but also protects your fleet’s financial well-being. The loss of cargo can result in costly consequences, both in terms of expenses and time wasted. Moreover, it poses a potential hazard to individuals in the area. By prioritizing secure cargo practices, you can mitigate the risks associated with loose or unsecured loads, thereby safeguarding your business’s profitability, reputation and the well-being of those around you.

3. Avoiding the highway to the danger zone

Kenny Loggins undeniably produces excellent songs. For trucking, they could also be a cautionary tale as it’s crucial to maintain a safety-first mindset. Fast-paced fleet work environments with critical tasks are complicated by inherent hazards. To ensure operational continuity and minimize risks, it is important to focus on three key elements to strengthen your shop’s safety practices. By avoiding the danger zone, you can maintain a safe workspace and keep operations running smoothly.

2. The smallest periodic element vs. the biggest rigs

In this industry’s modern-day rendition of David and Goliath, hydrogen fuel and heavy-duty trucks come together not in a battle of the brawn, but rather as a collaborative team striving for sustainable long-haul transport. In this On The Road, we connect with the North American Council for Freight Efficiency (NACFE) to discuss the role hydrogen can play in the long-haul, long-run.

1. FE takes on ACT

We simply can’t overlook the noteworthy content that emerged “from the floor:” the ACT Expo floor, that is, the growing presence of clean technology in the heavy-duty sector has attracted the attention of the industry. This year’s expo witnessed a record-breaking number of attendees, sparking engaging discussions surrounding zero-emissions. However, the journey towards this goal is not solely reliant on a single technology—various options include natural gas, hydrogen fuel, electric powertrains and more. Get the sustainability scoop!

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FTR: Class 8 orders down more than 30% month-over-month

Despite the substantial drop from February, FTR says the market is performing well, as March orders are on track with 2023.

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FTR reported that Class 8 preliminary net orders for March came in at 18,200 units, down 34% from February and 4% below March 2023. Orders for the past 12 months have totaled 264,800 units. With March orders comparable to the March 2023 level, FTR says the market is still performing at a solid level.

FTR says March orders, like February’s activity, are consistent with the recent demand trend and are in line with seasonal expectations. After maintaining an average level of around 27,000 units for the last three months, FTR adds that orders appear to be slowing at a seasonally typical rate, while build slots continue to be filled at a healthy rate. “Despite weakness in the freight markets that has persisted for more than a year, fleets continue to be willing to order new equipment," says Eric Starks, FTR chairman of the board. "Order levels in March were below the historical average but remained in line with seasonal trends. Demand is not declining rapidly, but neither is the market doing significantly better than replacement level demand. Our expectation for replacement output by the end of this year is unchanged.”

A ‘Toward Zero’ emissions Q&A with Volvo Trucks’s Roger Alm

Talking through the challenges, the technological advances, and the strategies for a sustainable future.

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ACT Research trailer report finds carriers with ‘reduced willingness to invest in equipment’

ACT Research says limited capex and companies saving money to meet EPA regulations are currently weighing on trailer demand.

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Peterbilt offers Cummins X15N natural gas engine in Models 579, 567, 520

Orders are scheduled for production in Q3 of this year.

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Range Energy receives $23.5M in new financing for electric trailers

This recent funding follows the company’s $8M seed round from November 2022, bringing total funding to $31.5M.

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