Stertil-Koni announces record sales in heavy-duty vehicle lifts
Stertil-Koni has announced that the company achieved record results in heavy-duty vehicle lifts sales for the full year 2013. The announcement was made by the company’s president, Dr. Jean DellAmore, at Stertil-Koni’s 18th Annual Distributor Meeting, held May 4-7 in Orlando, Fla. According to Dr. DellAmore, “In the increasingly competitive marketplace of heavy-duty vehicle lifting
FTR reports April Class 8 orders tempered from hot pace of previous months
FTR has released preliminary data showing April 2014 North American Class 8 truck net orders at 24,115, 11% below March results. While orders tempered in April 2014 from the torrid pace set in the previous four months, they were 5% above a year ago, continuing the year-over-year positive comparisons for a fifteenth consecutive month. Class
FTR’s Trucking Conditions Index reflects stressed supply conditions
FTR’s Trucking Conditions Index (TCI) in March rose more than one point to a reading of 8.69, reflecting the extremely tight capacity in the Truckload sector. There is a possibility for some relief of the tight truckload capacity over the next few months if freight growth slows as expected in the second quarter, the company
ACT Research: April Classes 5-8 preliminary orders 10th best month in eight years
April North American Classes 5-7 net orders are expected at 17,800 units (±5%) and Class 8 net orders are expected at 24,400 units (±5%), when actual data are released mid-month, reported ACT Research, a publisher of new and used commercial vehicle (CV) industry data, market analysis and forecasting services for the North American market. “Total
Trucking industry sees $9.2 billion in congestion costs for 2013
Congestion on the nation’s Interstate highways added over $9.2 billion in operational costs to the trucking industry in 2013, according to research released today by the American Transportation Research Institute (ATRI). ATRI, the trucking industry’s not-for-profit research institute, utilized motor carrier financial data along with billions of anonymous truck GPS data points to calculate congestion
Rush Enterprises reports ‘solid financial performance’ in Q1 2014
Rush Enterprises Inc. announced results for quarter one of 2014, ending March 31, 2014. The company’s net income was $12 million, or $0.30 per diluted share, compared with net income of $13.5 million, or $0.34 per diluted share, in the quarter ended March 31, 2013. “We are proud of the company’s solid financial performance this
Solid quotes lead to healthy January trailer orders
Net orders for trailers in January increased a robust 28% year over year. This information was included in the most recent State of the Industry: U.S. Trailers published by ACT Research Co. (ACT). “Seven of the ten trailer categories had y/y growth in January,” said Frank Maly, director – commercial vehicle (CV) transportation analysis and research
ACT Research: January Heavy-duty preliminary orders up 51% Y/Y
January North American Classes 5-7 net orders are expected at 17,000 units (±5%) and Class 8 net orders are expected at 34,700 units (±5%), when actual data are released mid-month, according to ACT Research, publisher of new and used commercial vehicle industry data, market analysis and forecasting services for the North American market, as well
Fleet Sentiment report shows positive signs
Sixty-two percent of the fleet executives responding to the Q1 2014 Fleet Sentiment survey conducted by CK Commercial Vehicle Research in January indicated they planned to place orders for Class 8 trucks in the next three months. Forty-eight percent indicated they planned to place trailer orders. Overall the CKCVR Buying Index, which combines activity and
AED analysis: Federal highway program puts $2.4 billion in equipment market activity at risk
A new analysis by Associated Equipment Distributors’s (AED) Government Affairs Office based on recent data from the Federal Highway Administration shows the potentially devastating economic impact of the impending collapse of the federal highway program. The Congressional Budget Office reported in July 2013 that, due to inadequate resources in the federal Highway Trust Fund (HTF),
ACT Research: Trailer Order Activity Solid
The robust 43% month-over-month gain in net orders in October was followed by November’s less vigorous 3% month-over-month improvement. Strength was concentrated in dry vans, flats and liquid tanks. This information was included in the most recent State of the Industry: U.S. Trailers published by ACT Research Co. “On a year-over-year basis, total net orders
Preparing for 2014 by looking back at 2013
Anyone who has been in the trucking industry for a number of years knows that it is a cyclical business affected by the national economy, federal mandates and changes in technology. Sometimes, when we know that federal laws will add layers (translated: changes that add cost) to fleet businesses, we are better able to guess
