Dry Van and Reefer Orders on the Rise
Junes orders increased 76% over May and were up 32% more year-over-year due to large dry van orders and refrigerated van orders. “Vans, both dry and reefer, had a great month,” said Don Ake, FTR vice president of commercial vehicles.
US truck tonnage soft in June on elevated inventory-to-sales ratios
WASHINGTON, D.C. — US for-hire truck tonnage slid 0.5% in June, following a revised gain of 0.8% in May, according to the latest data from the American Trucking Associations. The index was up 1.8% compared to June 2014, greater than…
NEWFOUNDLAND CAR CARRIER DEVELOPS WIN-WIN HYBRID PAY STRUCTURE
I recently had a nice chat with Gerry Dowden, president of East Can Transport Services, a Newfoundland-based trucking company that delivers automobiles. We were talking about the industry’s predominantly mileage-based pay structure and how it leaves many drivers feeling shorted,…
THEY ARE THE CHAMPIONS
On Saturday, July 11 I spent the day at the London Flying J for the Ontario Professional Truck Driving Championships. I won’t go into too much detail here, because I’ve already posted my reports online. You can read about the…
IS THE EXCHANGE RATE MAKING NEW TRUCKS UNAFFORDABLE?
The Loonie’s wings have been clipped and it’s making new equipment purchases extremely painful. The Canadian dollar, as I write this, is worth about 77 cents compared to the US greenback, which is down 17% since this time last year.…
Canadian Freight Index shows increased capacity, decline in volume
TORONTO, Ont. – The TransCore Link Logistics Canadian Freight Index was flat in June though truck capacity broadened past previous year’s levels. In addition, equipment capacity was up for the month with noticeable increases for available trucks going in and…
Meritor Wabco wins quality award from Hino
TROY, Mich. — Meritor Wabco has been awarded an Excellence in Quality award by Hino Motors Manufacturing USA. The award recognizes the supplier’s 100% on-time delivery record as well as its perfect quality performance of zero defects per million parts…
Navistar helps launch University of Michigan’s MCity test site for connected vehicles
ANN ARBOR, Mich. — Navistar International is one of several founding partners that yesterday launched the University of Michigan’s new MCity test site for connected and autonomous vehicles. MCity is a 32-acre simulated urban and suburban environment featuring a network…
No surprises in June’s truck order numbers: ACT Research
COLUMBUS, Ind. — Class 8 net orders came in at just under 20,300 units in June, while Classes 5-7 orders totaled 15,500 units, according to the latest data from ACT Research. The totals didn’t surprise analysts. “With the backlog filling…
International lands major deal with leasing company
LISLE, Ill. — International has secured a large supply deal with a major leasing company. The company says it has reached a deal to provide 1,050 new Class 8 on-highway tractors. The leasing company intends to order an additional 7,950…