Used trucks North Little Rock

Volume, age down for used-truck sales in May but price, miles up, ACT report...

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COLUMBUS, Ind. — According to the latest release of the State of the Industry: U.S. Classes 3-8 Used Trucks, published by ACT Research, used Class 8 same dealer sales volumes dropped 12% month over month in May, with longer-term sales down 20% year over year compared to May 2019. Year-to-date sales through May are up an incremental 2%. The report also indicates that used Class 8 average price and miles rose from April’s levels, up 2% and 1%, respectively, with average age 1% lower than the previous month. Longer term, average price, miles and age all contracted year over year,...
Road to recovery

Latest reports from ACT Research show COVID-19 impact continues but market shows signs of...

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COLUMBUS, Ind. — While the shockwaves of the COVID-19 recession continue to depress both the North American and global economies, ACT Research’s recently released Transportation and Commercial Vehicle Dealer digests show signs of recovery. The reports, which combine proprietary ACT data and analysis from a variety of sources, paint a comprehensive picture of trends impacting transportation and commercial vehicle markets. The monthly report serves as a quick look at transportation insights for use by fleet and trucking executives, reviewing top-level considerations such as for-hire indices, freight, heavy- and medium-duty segments, the U.S. trailer market, used truck sales information and an...
Rigs Interstate 40 Little Rock

After April’s ‘worst reading in history,’ ACT’s May For-Hire Trucking Index rebounds to neutral...

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COLUMBUS, Ind. — The latest release of ACT’s For-Hire Trucking Index, with May data, showed significant improvement in all five diffusion index measures tracked. May’s Volume Index rose from 19.3 in April to 50.2, with capacity also at the neutral 50 mark, and pricing and productivity both in the mid-40 range. The ACT For-Hire Trucking Index is a monthly survey of for-hire trucking service providers. ACT Research converts responses into diffusion indexes, where the neutral or flat level is 50. “After the worst reading in survey history in April, the volume index increased 30.9 points in the largest month-over-month increase in survey...
Jill Maschmeier 2

Jill Maschmeier awarded TCA’s 2020 safety professional of the year award

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ALEXANDRIA, Va. — The Truckload Carriers Association (TCA) has named Jill Maschmeier, director of safety and compliance for National Carriers Inc., as the 2020 TCA Safety Professional of the Year - Clare C. Casey Award recipient. The announcement was made during TCA’s Virtual Safety & Security Meeting on Wednesday, June 24. This honor is bestowed upon a trucking-industry professional whose actions and achievements have made a profound contribution to enhancing safety on North America’s highways. “Jill’s motto is that every day we always can learn something that we can pass on to our co-workers and family,” shared Mike Rinehart, vice president...
Red tractor on highway

ATA’s truck tonnage index falls 1% in May, 9.6% below May 2019

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Arlington, Va. — American Trucking Associations’ (ATA) advanced seasonally adjusted For-Hire Truck Tonnage Index contracted 1% in May after falling 10.3% in April. In May, the index equaled 106.1 (2015=100) compared with 107.2 in April. “While tonnage fell in May, even though other economic indicators like retail sales and housing starts rose, I’m not overly concerned,” said Bob Costello, chief economist for ATA. “First, while down over 10% sequentially in April, truck tonnage did not fall as much as other economic indicators that month,” he said. “This means that any rebound is tougher since tonnage didn’t fall substantially to begin with....
Kenworth Las Vegas

Kenworth Sales Company-Las Vegas relocates to spacious, newly constructed facility

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NORTH LAS VEGAS, Nev. — Kenworth Sales Company-Las Vegas, a full-service dealership, has relocated to a larger, newly constructed facility to meet increasing Kenworth customer demands due to residential and commercial growth in the greater Las Vegas area. The 67,000-square-foot facility features a 27,500-square-foot service department with 26 service bays and two-hour truck diagnosis through Kenworth PremierCare ExpressLane; 24-hour towing service is available. The 3,300-square-foot visual parts display is supported by a large, fully stocked parts warehouse that offers ample inventory. In addition, the new facility features an indoor truck showroom and a comfortable lounge for drivers, indoor truck showroom. There...
Semi with flatbed trailer

May saw ‘significant’ improvement in U.S. trailer orders but number still 71% lower than...

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COLUMBUS, Ind. — May net U.S. trailer orders of 3,107 units were a significant improvement from April, but net orders remain below May 2019’s level, down 71%. Before accounting for cancellations, new orders of 7.4k units for May were up 29% compared to April, according to this month’s issue of ACT Research’s State of the Industry: U.S. Trailer Report. ACT’s U.S. Trailers report provides a monthly review of the current U.S. trailer market statistics, as well as trailer OEM build plans and market indicators divided by all major trailer types, including backlogs, build, inventory, new orders, cancellations, net orders and...
YRC Freight truck

YRC Freight recognized as NASSTRAC National LTL Carrier of the Year

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OVERLAND PARK, Kan. —YRC Freight has been named National LTL Carrier of the Year for 2019 by the National Shippers Strategic Transportation Council (NASSTRAC). This marks the fifth time YRC Freight has earned the honor. Through its annual Carrier of the Year awards program, NASSTRAC recognizes carriers that demonstrate excellence in transportation, and at the same time helps shippers identify the best of the best in carrier performance and value. YRC Freight’s selection for this award indicates the carrier’s focus on providing superior LTL freight services. “It’s truly an honor when a customer spotlights a job well done with ‘Carrier of the...
Class 8 trucks

COVID-19 pandemic leaves mark on May commercial-vehicle market with ‘tepid’ activity, ACT says

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COLUMBUS, Ind. — According to ACT Research’s latest State of the Industry: NA Classes 5-8 Report, the economy continues to reopen with some very big numbers being reported on easy comparisons, after falling sharply the past few months. The report provides a monthly look at the current production, sales and general state of the on-road heavy- and medium-duty commercial vehicle markets in North America. It differentiates market indicators by Class 5, Classes 6-7 chassis and Class 8 trucks and tractors, detailing measures such as backlog, build, inventory, new orders, cancellations, net orders and retail sales. Additionally, Class 5 and Classes 6-7 are...
Ryder technician

Ryder expands integrated partnership with Uber for Business, surpasses 100k rides

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MIAMI — Ryder System Inc., a provider in supply chain, dedicated transportation and commercial fleet management solutions, recently announced its 100,000 ride using Uber for Business. By integrating directly into Uber for Business’ application programming interface, Ryder can request, manage and pay monthly for rides for its customers and employees at scale while providing an enhanced customer experience. Since the Ryder’s partnership with Uber for Business in August 2018, rental, service and maintenance managers at Ryder in the U.S. and Canada have used Uber for Business to access transportation for drivers and technicians to and from both Ryder and customer...
CEO Robert Voltmann and Doug Clark

TIA CEO Robert Voltmann out as of Sept. 30; Doug Clark takes lead as...

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ALEXANDRIA, Va. — Personnel changes are taking place at Transportation Intermediaries Association (TIA) as long-term president and CEO Robert Voltmann announces he is leaving the organization effective Sept. 30. Douglas G. Clark, current chair of TIA’s Legacy Committee and former chair of the board of directors, took the reigns as interim CEO, effective June 10. Voltmann joined TIA as CEO in June 1997. During his 23-year tenure, the organization’s annual budget multiplied by more than 10 times and now stands at $7.5 million. Membership in TIA more than tripled, and the organization now claims to represent nearly 80% of the broker...
Volvo Burbank Washington

Volvo Trucks dealer Northwest Equipment Sales adds first location in Washington State

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BURBANK, Wash. — Volvo Trucks North America dealership Northwest Equipment Sales has expanded its operations through the opening of a new location near the Tri-Cities, a growing metropolitan area comprising the greater Kennewick, Richland and Pasco communities in southeast Washington State. The state-of-the-art facility, located at 171 Gateway Road in Burbank, Washington, marks the fourth overall site owned by the dealership. “Northwest Equipment Sales is a valuable part of the Volvo Trucks family, and we appreciate its dedication in supporting the success of our customers over the years,” said Jeff Lester, senior vice president of sales at Volvo Trucks North America....
Volvo trucks for sale

U.S. Class 8 Truck Sales fall to recessionary levels in May

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As expected, U.S. sales of Class 8 trucks declined sharply in May, according to data received today (June 10) from Wards Intelligence. According to Wards, manufacturers reported that 9,165 Class 8 trucks were sold on the U.S. market in May. 3,472 fewer than an already down April for a decline of 27.5%. It was the first sub-10,000 sales month for the industry since February 2011. Compared to May 2019, sales plummeted from 24,424 in that month, dropping a whopping 62.5%. For the year-to-date, sales of 69,384 Class 8 trucks are 37.7% behind last year’s pace, when 111,332 trucks were sold in...
Volvo faceshields

Truck OEMs retool to keep employees on the job, fight COVID-19 pandemic

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When COVID-19 rose to the forefront of the nation’s news early this year, the trucking industry found itself in high demand. Carriers, company drivers and owner-operators alike worked around the clock to deliver essential goods to all corners of the country. Consumers grabbed most of those goods before another delivery arrived. While the COVID-19 crisis put most available drivers and trucks on the road, at least for a while, the same didn’t hold true for operations at America’s largest truck-manufacturing plants. Demand for new Class 8 equipment had been trending downward since late 2018, and the pandemic erased industry executives’...
Man putting fuel in his truck's tank

Fleet Focus: The timing is always right to improve fuel mileage

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Fuel prices are down. Way down. That’s good, right? The price war waged by Russia and Saudi Arabia, coupled with worldwide bans on air travel and reduced shipping due to manufacturing shutdowns, has resulted in a steep drop in demand for petroleum products. The resulting glut of crude oil on the market depressed market prices to levels rarely seen since the early 1970s. Since the 1970s, only once, between November 1998 and January 1999, did the barrel price for crude drop below $20. Until COVID-19. When crude prices bottomed out in 1998 and 1999, trucking enjoyed national average diesel fuel prices...
Werner Trucks

Werner founder steps down after 65 years

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OMAHA, Neb. — Many driving entrepreneurs experience the pride in seeing their name on the side of their truck. Imagine seeing it on more than 10,000 trucks. Only a few truckers reach that lofty status, and CL Werner is one of them. The Omaha, Nebraska-based company announced on June 4 that Werner is stepping down as Executive Chairman. The action was effective May 31, 2020. He will continue to serve as Chairman of the board of directors until his current term expires in May 2021. The board of directors appointed current President and CEO of the company, Derek Leathers to the...
truck driving along road with mountains in the background

Tonnage indexes show that April was dismal month for freight and manufacturing

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Nobody expected April to be a good month for freight volumes, and it wasn’t. Almost all the economic indicators, from industrial production to retail sales, housing starts to unemployment claims, were headed in the wrong direction in April. The amount of tonnage hauled dropped significantly, along with spot freight rates. In Arlington, Virginia, American Trucking Associations (ATA) reported a 12.2% drop in its seasonally adjusted For-Hire Truck Tonnage Index. The index came in at 119.5 in March, meaning that March freight levels were 19.5% higher than the 2015 average of 100 that forms the base of the index. In April, that...
Werner truck on interstate

Werner Enterprises goes live on Trucker Tools platform

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RESTON, Va., and OMAHA, Neb. – Trucker Tools has announced that Werner Enterprises is now live on the Trucker Tools platform. Werner joins Beemac, Schneider and other logistics services in using the app to match truckers with available loads. The Trucker Tools app provides a variety of services to drivers, including routing and fuel optimization, truck stop guide, and food and services lookup. Drivers can also use the “Book it Now” features of the app to find and book loads from participating brokers, now including Werner. The carrier must be approved by the broker before the ability to see loads from...
White semi on highway

ATRI asks motor carriers to participate in annual operational costs data collection

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Arlington, Va. — The American Transportation Research Institute (ATRI) is asking motor carriers to participate in the institute’s annual update to its Operational Costs of Trucking report. Among the for-hire fleet metrics being requested by ATRI are driver pay, fuel costs, insurance premiums, and lease or purchase payments. For-hire carriers and owner-operators are asked to provide full-year 2019 cost per mile and/or cost per hour data using ATRI’s data entry form, which is available for download here, by August 21. Confidential information is protected, and participating motor carriers will receive an advance copy of the full report. Now in its 12th year, ATRI’s...
Man checking computer

Schneider, Blue Yonder collaborate to help shippers achieve optimized supply-chain management

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GREEN BAY, Wisc. — Schneider, a provider of trucking, intermodal and logistics services, has collaborated with Blue Yonder to deliver a new carrier marketplace within the Blue Yonder transportation-management solution. The new dynamic-capacity pricing solution provides an integrated, seamless experience for shippers that pairs the power of dynamic pricing and visibility with the comprehensive solutions of Schneider’s portfolio, with Schneider’s brokerage division leading the adoption. Using Blue Yonder’s dynamic pricing discovery solution, Schneider provides carriers and shippers with near-real-time matching of price and capacity, along with tracking capabilities, connected to and made available on Blue Yonder’s Luminate Platform. Powered by Microsoft Azure,...