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Economic Indicators

Study: Private fleets adding equipment faster than for-hire

Results from the Q2 2013 Fleet Sentiment survey conducted by CK Commercial Vehicle Research shows private fleets are currently adding capacity with additional units at a faster rate than for-hire fleets. Half of ...

Class 8 orders remain above 20k in April

Class 8 preliminary net orders of 23,300 represent a continuation of the narrow North American order trend that has been in place since last October. “April’s Class 8 preliminary net orders were up ...

Florida okays incentives to buy NG trucks

The Florida House of  Representativs passed HB 579 to promote the use of natural gas fuels, giving dealers of natural gas trucks and equipment a shot in the arm. The legislation, according to ...

Used truck volumes up

The used truck market saw a second consecutive month of improved volumes in March. The retail market was flat compared to February, while the wholesale market contracted. However the auction market roared back ...

Trailer orders down, cancellations moot

Net trailer orders for March were down 6 percent month over month and 12 percent year over year, according to an ACT Research Co report published in the latest State of the Industry: U.S. ...

Leasing and Finance Index flat in March

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $725 billion equipment finance sector, showed ...

Shippers Conditions Index falls, likely to get tighter

FTR Associates’ Shippers Conditions Index (SCI) for February fell more than two points following a similar decline in January.  The current reading of -9.5 reflects an expectation for increasingly difficult conditions for ...

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 ...

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 ...

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 ...

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 ...

Medium-, heavy-duty truck sales slip

Medium and heavy truck sales were down nearly 10 percent in March over the same period a year ago, according to WardsAuto. Dealers moved 49,206 units in classes 3-8 pounds during the month, ...

Allison Transmission sales slide

A sluggish heavy-duty market pulled sales figures for Allison Transmission into the mire. “Based on currently available information, for the first quarter of 2013, we expect net sales to be in the range ...
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ATD Convention News

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GALLERY – Friday at the ATD Convention

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Kenworth T880 takes Truck of the Year

Successful Dealer Award

Click here to read about the award and see the nominees for this year's award.