ACT Research: Coronavirus changing CV market forecasting assumptions
ACT Research has provided some updated data on the impact of the Coronavirus on the commercial vehicle market and the U.S. economy as a whole. “The global spread of the COVID-19 required a foundational reassessment of near-term economic expectations, and by extension North American commercial vehicle demand,” said Kenny Vieth, ACT’s president and senior analyst.
Coronavirus makes a dent in March truck order numbers
Preliminary North American Class 8 net orders in March fell to 7,800 units, down 45% from February and 51% lower than a year-ago comparison, according to ACT Research. According to FTR, a significant number of fleets canceled orders previously placed due to the sharp and sudden downturn in economic conditions. Uncertainty over the duration of
Goodyear extends suspension until further notice
In light of the ongoing decline in market demand resulting from the rapid spread of COVID-19 in the Americas region, Goodyear says it is extending the temporary suspension of operations at all Americas manufacturing plants until further notice. The company says it is closely monitoring market demand signals, inventory and supply levels and warehouse and
Five truck trend takeaways from March
Sure, the Coronavirus made up many of headlines in March, but there were other heavy-duty truck happenings that impacted the industry. Here are our Top 5.
Make our story your story
At Babcox Media, we believe in the power of storytelling. Stories have the power to heal, to connect and to build community. As families, companies, friends and colleagues adjust to working at home, schooling at home and taking every precaution to keep our communities safe, we can take comfort in our shared experiences. Everyone has
Goodyear Commercial Centers open, offer free DOT inspections
In response to the economic impact from COVID-19 and to help keep fleets on the road, Goodyear Commercial Tire & Service Truck Care Centers (CTSC) are offering free Department of Transportation (DOT) inspections, a value up to $120. These government-mandated inspections include a full review of the tractor and trailer, including brake systems, tires and
Podcast: How the coronavirus is affecting the truck market
Fleets and OEMs will not be immune to the economic impacts of the current situation.
Asset management ideas to meet delivery demand with Volvo Trucks
No script? No plan? No problem. Welcome to Fleet Equipment Unscripted—the video interview series that connects you with the greatest minds in the heavy-duty trucking world. Meeting customer delivery expectations is always a top trucking fleet priority, but with the Coronavirus pandemic creating huge demand for necessary supplies and the entire world watching, making on-time
Leasing companies comment on handling Coronavirus
While much of the world is cooped up inside their homes, social distancing themselves from others while the Coronavirus continues to spread, leasing companies have no choice but to continue to provide equipment to those who need it most. Fleet Equipment reached out to a few of these companies to see how they’re handling the
Due to Coronavirus, Drivewyze adds Pennsylvania rest areas to safety notifications
Drivewyze has just added Pennsylvania rest area “open and closed alerts” to its Drivewyze Safety Notifications service. Drivewyze Safety Notification alerts are available as a free service to carriers subscribed to the Drivewyze PreClear weigh station bypass service. The alerts will automatically pop up starting March 24 for those who have already activated the service.
PennFleet offers parking spots to truck drivers who need rest due to Coronavirus
PennFleet has opened its property to truck drivers if they need a place to stop and rest, since regular spots are closed or full due to the Coronavirus pandemic. Located at 591 Meetinghouse Road in Boothwyn, Pennsylvania, PennFleet is a few miles off I-95 just south of Philadelphia. Hours of operation are 7 a.m. to
Podcast: Where the trucking industry stands in the midst of the coronavirus situation
Fleet Equipment editors Alex Crissey, Jason Morgan and David Sickels discuss the state of the trucking industry during the current crisis, including which manufacturers have suspended production, freight market conditions and the need to keep telematics and service going as trucks continue to run their routes. Note: This episode was recorded on March 20, so
