Everyone should be preparing for a rapid downward correction in production levels According to ACT Research’s (ACT) latest release of the North American Commercial Vehicle OUTLOOK, current Class 8 build rates may suggest upside to the 2019 forecast, but large new inventories and deteriorating freight and rate conditions suggest erring on the side of caution […]
Captive channel supplier of fabricated aluminum cabs demonstrates vertical integration strategy and insulates supply base Spartan Motors the North American leader in specialty vehicle manufacturing and assembly for the commercial and retail vehicle industries, as well as for the emergency response and recreational vehicle markets, today announced the launch of Detroit Truck Manufacturing™(DTM), a captive […]
Dedicated West Coast Truck Body Manufacturing Facility Expands Spartan’s Capabilities and Geographic Reach Spartan Motors a North American leader in specialty vehicle manufacturing and assembly for the commercial and retail vehicle industries, as well as for the emergency response and recreational vehicle markets, today announced it has purchased the assets of General Truck Body (“GTB”) […]
New Capital Enables Workhorse to Finalize N-GEN R&D and Scale Production in 2019 Workhorse Group Inc. an American technology company focused on providing sustainable and cost-effective electric-mobility solutions to the transportation sector, has entered into subscription agreements for a private offering with a group of institutional investors, resulting in gross proceeds to the Company of $25 […]
PCI has built an impressive legacy based on its commitment to consistently provide high quality products DexKo Global Inc., a global leader in highly engineered trailer running gear and chassis assemblies and related components, has acquired Preston Chassis Industries Pty Ltd. (“PCI”) through its wholly-owned Australian subsidiary AL-KO International Pty Ltd. (“AL-KO”). PCI manufactures chassis […]
Year-to-date net orders through April were just over 80,000 units According to this quarter’s issue of ACT Research’s Trailer Components Report, trailer industry net orders have eased meaningfully since November of 2018, as year-over-year-comparisons have now been in the red for the last five months, but order weakness is not indicative of fleets’ unwillingness to […]
