Used Class 8 truck prices rise 16% YoY
Used Class 8 truck prices and same-store dealer sales rose in June as the market continued to see low freight ...
Tag: trucking
Daimler Truck North America laying off 2,000 workers as sales drop
Daimler Truck North America is laying off roughly 2,000 workers amid declining truck orders and an overall strategic shift. The ...
Used-truck values dip in June amid rising inventory
Used heavy-duty and medium-duty truck values fell again in June as inventories remained elevated amid tariff concerns and freight rate ...
Dealers, lenders, OEMs and buyers to benefit from 100% bonus depreciation
Truck dealers, lenders, OEMs and buyers stand to benefit from the return and expansion of 100% bonus depreciation under the ...
3 more freight companies file for bankruptcy
Three more freight companies have filed for bankruptcy in recent weeks, with some truck lenders claiming millions in unsecured funds. ...
Rising insurance costs strain truck financing sector
Escalating insurance costs are exacerbating high interest rates and rising new truck prices, contributing to tight lending standards and creating ...
Kenworth, Peterbilt maker cuts jobs in Quebec amid weak market
Truck maker PACCAR Inc., parent company of the Kenworth and Peterbilt nameplates, will lay off 175 employees in its Sainte-Therese, ...
Daimler to begin assembling Mercedes trucks in Senegal this year
Daimler Truck Holding AG plans to establish an assembly plant in Senegal, with production of Mercedes-Benz trucks scheduled to begin ...
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