Economic Indicators
Diesel prices jumped 8.2 cents to $4.104 a gallon, the Department of Energy said Monday.
Monday's jump marks the fourth consecutive increase and the settles diesel at its highest price since October.
It's been ...
Sales of commercial trucks, while small in volume, jumped in January according to data from the Greater Cleveland Automobile Dealers Association.
According to a report published by the Cleveland Plain-Dealer, sales soared 36 percent on the ...
For-hire trucking companies added 5,000 payroll jobs in January on a seasonally adjusted basis as the overall economy added 157,000 non-farm jobs, according to initial estimates. The national unemployment rate ticked up ...
FTR Associates' December Trucking Conditions Index showed a good environment for the industry, the company announced this week, reporting that industry growth and overall economic growth will continue, despite what some analysts predict.
The ...
Daimler AG presented its preliminary and unaudited figures Thursday for the Group and its divisions for the year 2012.
The Group’s net profit amounted to more than $8.8 billion, up from $8.1 the ...
Volvo AB’s fourth-quarter earnings sank while the company predicted a “difficult” first-quarter this year Bloomberg reported Wednesday.
Volvo’s fourth-quarter operating profit slid 84 percent on declining deliveries and expenses tied to a reorganization that ...
Sixty-four respondents to a survey circulated to fleet owner/operators last month indicated an uptick in truck and trailer sales may lie ahead.
The survey, conducted by CK Commercial Vehicle Research (CKCVR), shows the FSR Buying ...
Orders of Class 8 trucks rose 7 percent in January over the month before but still lagged 11 percent behind January 2011, according to a report released Monday by FTR Associates.
The preliminary report ...
TAB Bank's Winter Trucking Report released Thursday says the economy is showing signs of a slow and steady economic recovery based on monthly truck tonnage, fuel costs, perceived business conditions and invoice size.
Historically, ...
Daimler Trucks North America announced yesterday it expects to lay off 1,300 workers in the United States, and the vast majority of them appear to be coming from the Charlotte, N.C. area.
According ...
It's wasn't too bad to be PACCAR in 2012.
In a year that saw the introduction of three new trucks – the Kenworth T680, Peterbilt Model 579 and DAF XF Euro 6 – the company announced Thursday record ...
Daimler Trucks announced Wednesday the company plans to eliminate up to 2,100 jobs globally as they look to bolster profitability.
As many as 1,300 production jobs in North America are targeted in the ...
Daimler Trucks plans to increase its sales in 2013 even as rivals business languish from a tough economy state-side and the euro zone crisis, chief Andreas Renschler told The Economic Times.
Renschler said the company anticipated growth ...
ACT Research reported this week that the used truck retail market fell 11 percent in 2012 compared to 2011 but the wholesale used market climbed 3 percent year over year.
The used truck ...