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Transportation

M&A: Nextran Truck Centers expands Midwest reach

Transportation

Used heavy-duty truck inventory falls for third month in row

byQuinn Donoghue

December 11, 2024

Used heavy-duty truck inventory declined in November, signaling a positive trend for a market that’s been plagued by overcapacity for...

Transportation

Truck orders down despite post-election bump

byJohnnie Martinez II

December 6, 2024

Orders for Class 5 to Class 8 trucks remained down year over year in November despite a small monthly increase...

Semi-trucks in a lot during a Ritchie Bros heavy equipment auction in Bolton, Ontario, Canada, on Tuesday, May 9, 2023. Ritchie Bros Auctioneers Inc., a Canadian firm that sells heavy equipment at auctions around North America, struck an agreement in November to buy

Transportation

Used Class 8 truck sales exceed expectations

byQuinn Donoghue

December 3, 2024

The used-truck market is gaining momentum as fleet owners take advantage of lower prices, but reduced interest rates may have...

Transportation

Electrada, Duke Energy partner with Daimler to electrify fleets

byJohnnie Martinez II

December 2, 2024

Commercial vehicle charging manufacturer Electrada and utility company Duke Energy have launched an electrification center designed to provide zero-emission, carbon-free...

A badge on a Lion C electric school bus at the Lion Electric assembly plant in Saint-Jerome, Quebec, Canada, on Thursday, Oct. 13, 2022. Lion Electric Co. designs, develops, manufactures, and distributes purpose-built all-electric medium and heavy-duty urban vehicles, including seven mid range truck and bus models.

Transportation

EV maker Lion wins temporary creditor relief, halts US factory

byBloomberg News

December 2, 2024

Electric bus manufacturer Lion Electric Co. is temporarily laying off about 400 workers and halting operations at its Illinois factory...

Used International trucks manufactured by Navistar International sit on the lot of the company's used truck facility in Melrose Park, Illinois Wednesday, Aug. 15, 2001. The fourth-largest truckmaker reported fiscal third-quarter earnings fell 98 percent as a glut of used trucks and the effects of the slowing U.S. economy reduced demand. The Melrose Park lot, one of 15 company owned lots, has nearly 300 trucks in inventory.

Transportation

Used-truck prices fall ahead of potential buying spree

byQuinn Donoghue

November 20, 2024

Used trucks continued to depreciate in October, but fleet owners could take advantage of favorable deals in the coming months...

A Lion 6 electric truck charges outside the Lion Electric assembly plant in Saint-Jerome, Quebec, Canada, on Thursday, Oct. 13, 2022. Lion Electric Co. designs, develops, manufactures, and distributes purpose-built all-electric medium and heavy-duty urban vehicles, including seven mid range truck and bus models.

Transportation

EV manufacturers report mixed results in Q3

byQuinn Donoghue

November 13, 2024

EV manufacturers Nikola and Lion Electric posted contrasting sales results in the third quarter as both companies cut costs. The...

Transportation

Truck orders dip ahead of potential demand surge

byQuinn Donoghue

November 12, 2024

The commercial trucking market took a step back in October, but soft pricing and reduced interest rates hint that a...

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Transportation

Used heavy-duty truck inventory falls for third month in row

Truck orders down despite post-election bump

Used Class 8 truck sales exceed expectations

Electrada, Duke Energy partner with Daimler to electrify fleets

EV maker Lion wins temporary creditor relief, halts US factory

Used-truck prices fall ahead of potential buying spree

EV manufacturers report mixed results in Q3

Truck orders dip ahead of potential demand surge

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