THE NUMBER 1 RESOURCE FOR VOCATIONAL TRUCK FLEETS
Upstaging, a fleet that specializes in hauling lighting, staging and other requirements for concerts and other live events, turns to hauling relief supplies as the COVID-19 outbreak intensifies.
A number of truck makers and suppliers are choosing to temporarily idle production facilities as part of a national effort to help slow the spread of the COVID-19 pandemic in the United States.
ACT Research said North American used truck sales volumes fell 35% in November.
Due to weakened orders for heavy duty trucks in North America, Volvo has announced it will lay off 700 workers beginning in January of next year.
Engine maker Cummins Inc. is planning to lay off about 2,000 workers due to the downturn in the market.
The Internal Revenue Service update of the depreciation limits for higher-priced passenger vehicles should have minimal impact on commercial leasing, fleet management company executives said.
President Trump and senior White House officials met with Bob Nuss of Nuss Truck & Equipment in Burnsville, Minnesota about taxes and the economy and asked for his support of a federal excise tax repeal.
A Memphis, Tennessee, fleet is investing $84 million to turn a derelict shopping mall into its new headquarters facility.
Stock market volatility, rising interest rates, trade wars and other factors have some wondering if we’re standing on the precipice of the next recession. But company managements echo clear sailing ahead.
Despite an overall positive truck sales forecast for 2019, tariffs and trade wars could be stumbling blocks that trip up the economy and send freight and truck sales downward, said two longtime industry analysts.