November Class 8 truck orders slightly restrained, but still resilient
Class 8 truck builds exceed plans.
OEMs should expect good Class 8 visibility in 2023
Class 8 orders surge along with year-end demand
The biggest truck technology stories of 2022
Technology is changing the way all things operate. In the world of heavy-duty trucking operations, fleets are constantly looking for ways to work smarter, not harder. Now, technology is supporting processes that are automated, instantaneous and increasingly available to the trucking industry. With all of the developments, integrations, partnerships and product advancements, looking into technology progression
October US used truck average retail sales price defied expectations
Preliminary used Class 8 retail volumes (same dealer sales) decreased 10% month-over-month, and were 30% lower compared to October of 2021, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. Other data released in ACT’s preliminary report included month-over-month comparisons for October 2022, which showed
Report: Global electric truck market size to reach 1,413,694 units by 2030
Due to the rising emissions levels and increasing prices of petroleum, along with petroleum’s limited availability, there has been a growing demand for zero-emission fuel vehicles, noted a new report from MarketsandMarkets, a company that provides B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. This
Trucking business conditions winning battle with interest rate hikes, for now
According to ACT Research’s (ACT) latest State of the Industry: NA Classes 5-8 report, current economic conditions are proving resilient in the face of aggressive interest rate hikes. Heavy duty and medium duty net orders both took giant steps up from August levels in September, both on a nominal as well as seasonally adjusted basis. “For now,
How Sysco Corp. plans to deploy 800 battery electric Class 8 trucks (and that’s just the beginning)
It’s a staggering number of electric trucks: 800 Class 8 battery electric tractors. While many forward-thinking fleets are piloting one electric truck or planning for tens of electric trucks in the next several years, Sysco Corp. signed a letter of intent earlier this year to deploy up to nearly 800 battery electric Freightliner eCascadia Class
Sonepar taps Penske Truck Leasing to provide electric light-duty fleet of Ford E-Transits
Sonepar has selected Penske Truck Leasing to provide its new light-duty electric fleet. Penske Truck Leasing is in the process of delivering nine Ford E-Transit all-electric cargo vans to support the initiative. These vehicles will be used for regional product deliveries in California, Maryland, Minnesota and Washington state. Penske provides Sonepar with the vehicles, lease financing, comprehensive preventive
FTR reports preliminary Class 8 truck net orders soared to a record
FTR reports preliminary North American Class 8 net orders for September soared to 56,500 units, the most ever for a single month. September order activity was +169% m/m and +102% y/y, with Class 8 orders now totaling 254,000 units for the last 12 months. “With order boards officially open for 2023 build spots, Q4 monthly
The road to self-driving trucks with Torc Robotics CEO
The automated truck driving excitement among some fleets is palpable. The automated driver assistance systems–like the currently available adaptive cruise control and lane keep assist features–that are the foundational stepping stones of automated driving technology are seeing strong adoption rates, according to OEMs. Yet, the step from Level 2 automated assistance systems to Level 4
