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Jason Cannon

UPS to buy 700 LNG trucks

UPS announced Tuesday plans to purchase approximately 700 liquefied natural gas (LNG) trucks and to build four refueling stations by the end of 2014. Once completed, UPS's LNG fleet will be one of the most ...

Ryder boasts improved profits

Ryder System, Inc. reported earnings of $40.8 million Tuesday, compared with $34.9 million in the year-earlier period. Total revenue for the first quarter of 2013 was $1.56 billion, up 2 percent from $1.54 ...

PACCAR earnings down 28%

A sharp but expected decline in sales dragged down PACCAR's earnings 28 percent the company announced Tuesday. PACCAR earned $236.1 million in the first quarter of 2013, down $91.2 million compared to ...

Nominees sought for top distributors

Truck Parts & Service, a sister publication to Successful Dealer, is seeking nominees for its annual Distributor of the Year Award. Announced in January at Heavy Duty Aftermarket Week in Las Vegas, the Distributor ...

Yard Truck Specialists doubles dealership territory

Yard Truck Specialists, a terminal tractor dealership located near Northeast Philadelphia, announced Monday that it has increased its service territory to include the western half of Pennsylvania. The expansion, which began in ...

IronPlanet holding truck-only auction

IronPlanet, an online used heavy equipment marketplace, will host a truck-only auction this Wednesday with hundreds of road-ready trucks from sellers across the country. The auction lineup features 59 conventional trucks, 32 dump trucks, ...

Class 8 order cancellations down, demand growing

Class 8 orders rose above 20,000 units for a sixth consecutive month in March, but fell sequentially for the first time since November. March Class 8 net orders totaled just more than 22,000 ...

Penske awarded for environmental efforts

Penske Truck Leasing has been named a 2013 U.S. Environmental Protection Agency (EPA) SmartWay Affiliate Challenge Award winner, the company announced this morning. Penske is one of seven organizations nationwide to win this award, and ...

Campbell Freightliner forced to move N.Y. dealership after fire

Campbell Freightliner of New Windsor, N.Y. has set up a temporary home in the neighboring village of Maybrook after a fire last month destroyed its building. Six fire departments from surrounding cities and ...

Equipment Lease confidence eases in April

The Equipment Leasing & Finance Foundation has released the April 2013 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. Designed to collect leadership data, the index reports a qualitative assessment of ...

ATD Dealer of the Year addresses Academy graduates

ATD’s Truck Dealer of the Year addressed 2013 graduates of the ATD Dealer Academy, offering career advice and industry insight. Drew Linn, president of Southland International Trucks in Homewood, Ala., said the ability ...

Freightliner dealer awarded tax rebate from city

The Parma City Council approved a 12-year economic development agreement with Valley Freightliner, Sterling, Western Star, The Cleveland Plain Dealer reported. The dealership moved to Parma, Ohio in December after a fire forced ...

Allison halts plans to sell additional stock

Citing "market conditions" Allison Transmission Holdings Inc. announced Thursday that plans for a secondary offering of common stock would be called off. Allison announced Monday a proposed secondary offering of 22 million shares of its ...

SAF-Holland develops new axle lift technology

SAF-Holland has developed a new axle lift technology as an option on its CBX40 tandem axle slider suspension system, which the company expects to be available to most trailer OEMs this month. The Auto-PosiLift ...