Top

Tag: Truck Market


Shipping

Truck market weakness yet to show up in BMO quarterly transportation data

August 30, 2022

Via: FreightWaves

Third-quarter data from the transportation group at BMO, the former Bank of Montreal, showed little deterioration in the financial performance of its thousands of clients. BMO’s transportation group is believed to have about 90% of its roughly CA$13.5 billion ($10.37 […]


Shipping

October Used Truck Market Brings Record Prices

December 1, 2021

Via: Transport Topics

The average retail price for a used Class 8 vehicle in October climbed a notch higher to set a record, overtaking the previous peak set in September, ACT Research reported. The average retail price in the month hit $72,204 compared […]


Shipping

Used Truck Market Faces Low Supply, High Demand

November 17, 2021

Via: Transport Topics

Dealing with the current low-supply, high-demand market and rising prices were the focal points highlighted during the Used Truck Association’s annual meeting. The gathering of the nation’s used truck dealers and partners, which ran Nov. 10-13, hosted sessions tackling best […]


Vehicles

Volvo’s Voorhoeve Sees Strong 2019 Truck Market

December 13, 2018

Via: Transport Topics

WASHINGTON — The new president of Volvo Trucks North America predicted another banner year for the truck market in 2019 and voiced a desire to promote more respect for the truck driving profession. Peter Voorhoeve, who stepped into that role […]


Impact & Regulations

Daimler Sees Growth Stalling on North America Truck Market Woes

October 21, 2016

Via: Transport Topics

Daimler AG lowered its 2016 revenue forecast, citing weaker demand for trucks in North America and sparking concern that the automaker’s profit is set to whither. Daimler predicted sales this year to be flat, backing off a previous forecast for […]