INSIGHT-Trucker’s bankruptcy exit may roughen road for small creditors
When U.S. companies go bust, bankruptcy laws ensure workers are among the first to get paid. Now an unconventional settlement in an obscure case threatens to turn that guarantee on its head.
Kenworth, Paccar offer $3,000 rebate on new ICON 900
KIRKLAND, Wash.– Kenworth and Paccar Financial are offering a $3,000 rebate for qualifying US and Canadian fleets and operators who purchase the new Kenworth ICON 900 truck by Dec. 31, 2015. The truck – a customized limited edition first introduced…
Peterbilt Offers Truck Rebates to Loggers
Members of the American Loggers Council can obtain one of three rebates when they purchase one of six Peterbilt models, the truck manufacturer has announced. Council members can obtain a $250 rebate on a Class 7 Model 337, $500 on a Class 7 or Class 8 …
Mitsubishi Fuso Truck of America Replaces CEO
Jecka Glasman will succeed Todd Bloom as president and CEO for Mitsubishi Fuso Truck of America, Inc. on July 1, the company has announced. Bloom will shift into a different role where he will “be used on a number of international assignments” for Mits…
Armbro Transport placed into receivership
MISSISSAUGA, Ont. — After 57 years, Armbro Transport has permanently closed its doors, the company placed into receivership. President Jim Davidson confirmed the decision to Trucknews.com. He blamed the closure on market conditions and intense pressure on rates. “It had…
Rand McNally publishes 35th edition of the Motor Carriers’ Road Atlas
SKOKIE, Ill. — Rand McNally released its 2016 edition of the Motor Carriers’ Road Atlas today. “The Motor Carriers’ Road Atlas continues to be the trusted reference and essential back-up for commercial drivers. Even in this day of electronic in-cab…
This will be trailer market’s best year since late ’90s: ACT
COLUMBUS, Ind. — Trailer net orders were down 10% in May, however ACT Research remains confident the trailer market is in for a strong year. “Freight volumes at advantageous rates will support fleets, and their investment plans will remain robust,”…
Dtna Names FCCC Head, New HR GM
From the left, Eileen Frack, DTNA’s newly appointed general manager of human resources, David Carson, president and CEO of FCCC , and Former FCCC president and CEO Bob Harbin. Photos courtesy Daimler Trucks North America She is replacing David Carson, …
Economic Watch: Durable Goods Fall as Manufacturing Slows
A first look at new orders and shipments of manufactured durable goods in May shows declines, according to the U.S. Commerce Department. New orders fell 1.8% from the month before, the third drop out of the last four months.
Volvo Trucks Certifies Euro 5 Engines for HVO Fuel
HVO reduces CO2 emissions between 30 and 90 per cent, depending on the raw material. Photo courtesy of Volvo Trucks Volvo Trucks announced that it has certified all of its Euro 5 engines for use with 100% Hydrotreated Vegetable Oil, a form of renewable…