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Transportation

Traton Financial Services revenue rises 29%

byJohnnie Martinez II

April 26, 2024

Traton Financial Services’ revenue rose in the first quarter of 2024 as the company continued to expand its truck and...

OnStar Business Solutions brings four distinct product offerings — OnStar Safety Services, OnStar Vehicle Insights, API & Data Services and Wi-Fi — under one umbrella to make fleet management simpler than ever before.

Dealer Operations

Ford fleet sales jump; GM fleet sales slide

byJohnnie Martinez II

April 25, 2024

Vehicle manufacturers Ford and General Motors experienced mixed commercial sales results, as demand persists but tightening credit forces prioritization. Ford...

Workers assemble the under carriage of vehicles at the Nissan Motor Co. North America manufacturing plant in Canton, Mississippi, U.S., on Thursday, Sept. 8, 2016. The U.S. Census Bureau is scheduled to release durable goods figures on September 28.

Transportation

Transportation equipment leads durable, core capital goods orders growth

byJohnnie Martinez II

April 24, 2024

New orders for durable goods and core capital goods increased again in March as companies continued to navigate rising interest...

Aftermarket revenue shines in Rush Enterprises’ Q4 earnings

Transportation

Rush Enterprises’ aftermarket revenue ebbs as freight volumes decrease

bySamson Amore

April 24, 2024

Commercial truck dealer Rush Enterprises’ aftermarket revenue from services and parts flattened in the first quarter of 2024, a trend...

An Aurora Innovation Inc. driverless truck at the company's terminal in Palmer, Texas, US, on Wednesday, Dec. 28, 2023. Driverless trucks with no humans on board will soon cruise Texas, highways if three startup firms have their way, despite objections from critics who say financial pressures, not safety, is behind the timetable.

Transportation

Commercial truck sales decline in first quarter

byJohnnie Martinez II

April 19, 2024

Overall sales for commercial trucks declined in the first quarter of 2024 as high-interest rates and prices pushed down demand...

Transportation

Electrification hesitation as haulers evaluate hydrogen

byJohnnie Martinez II

April 18, 2024

Orders for Volvo-manufactured electric trucks and construction equipment declined in the first quarter as the industry hesitates to adopt battery...

A Volvo badge and parking-assist camera on the grille of an automobile at a Volvo Cars AB dealership in Stockholm, Sweden, on Thursday, Aug. 19, 2021. Volvo Cars said its considering an initial public offering months after calling off earlier plans to merge with Geely Automobile Holdings Ltd., the Chinese manufacturer owned by its parent.

Construction

Volvo North American orders drop amid inventory management

byJohnnie Martinez II

April 17, 2024

Swedish equipment manufacturer Volvo Group’s construction equipment and truck orders decreased in the first quarter as the manufacturer navigated supply...

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

Smaller operators waiting for more fleet electrification

byJohnnie Martinez II

April 16, 2024

State and federal regulators continue to push for commercial and fleet electrification while some smaller operators are waiting on their...

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Transportation

Traton Financial Services revenue rises 29%

Ford fleet sales jump; GM fleet sales slide

Transportation equipment leads durable, core capital goods orders growth

Rush Enterprises’ aftermarket revenue ebbs as freight volumes decrease

Commercial truck sales decline in first quarter

Electrification hesitation as haulers evaluate hydrogen

Volvo North American orders drop amid inventory management

Smaller operators waiting for more fleet electrification

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