Isuzu Commercial Truck of America opened what it called its first “Center of Excellence” in northeastern Pennsylvania; a 100,000 sq. ft. parts distribution center containing over $8 million worth of inventory, along with a 30,000 sq. ft. training and technical assistance facility.
“This facility represents our continued focus on providing the best possible ownership experience for all Isuzu truck customers,” said Shaun Skinner, Isuzu’s president, in a statement.
Teletrac Navman announced the release of its new software platform, Teletrac Navman Director. The new fleet management platform tracks assets and collects data to meet a range of business needs, including driver behavior and safety, equipment utilization, fuel management, Hours of Service (HOS) compliance, route tracking and workflow.
U.S. sales of Class 8 trucks "plummeted" in June by nearly a third — 30.4% — compared with sales in June 2015, Ward's Auto reports, and sales are down for other classes as well. It's a similar story for sales in Canada.
FTR releases preliminary Class 8 net orders for June at 13,000 units, 8% below May and -34% Y/Y. June 2016 order activity was the lowest monthly total since July 2012 and the worst June since 2009.
FTR said it expects Class 8 orders to remain tepid through the summer months. All OEM’s were equally impacted by slow order intake. The annualized rate of orders continues to drop, at 162,000 now for past three months, 185,000 for the past six months and 224,000 over the past 12 months.
After steadily increasing all spring, diesel prices have been steady so far this summer—although they're holding at the highest level of the year.
The average U.S. retail pump price for diesel slipped 0.3 cents in the July 4 report by the Energy Information Administration (EIA), to $2.423 per gallon. The price has changed less than a penny over the past four weeks.
Regionally, only the Rocky Mountain area posted an increase, up seven-tenths of a cent to $2.436.
This coming July 4th weekend is prime time for cargo theft. According to data from Travelers Insurance, on holiday weekends, cargo theft jumps as much as 40%, as holiday weekends give thieves time to target trailers full of shipments left unattended for days.
Travelers and FreightWatch International are offering some tips to help shippers and carriers keep their cargo secure this holiday weekend.
Schneider Inc. officially announced its tenth Ride of Pride truck this week; a series of highway tractors designed by Freightliner Trucks since 2002 as a rolling tribute to members of the U.S. military, past and present.
Net trailer orders and used Class 8 truck sales registered big declines for the month of May, according to data tracked ACT Research Co. (ACT) –indications that the trucking industry continues to become “more cautious” regarding market conditions.