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Category: Equipment

Meritor Acquires TransPower, Advancing its Electrification Expertise

Meritor Acquires TransPower, Advancing its Electrification Expertise

| January 17, 2020

Advanced Technologies Offering to Deliver Differentiated Value Proposition to Customers Meritor, Inc. has acquired all the outstanding common shares of Transportation Power, Inc. (“TransPower”). Terms of the transaction were not disclosed.  “We are excited to welcome TransPower to the Meritor family as we continue providing our customers with sophisticated electric drivetrain solutions,” said Jay Craig, Meritor’s […]

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Trailer Orders Fell Off Again in December to 16,500 Units

Trailer Orders Fell Off Again in December to 16,500 Units

| January 15, 2020

FTR reports that preliminary trailer orders for December were the lowest since August FTR reports that preliminary trailer orders for December were the lowest since August at 16,500 units.  December trailer orders were -17% m/m and -41% y/y. Trailer orders for 2019 totaled 203,000 units. Fleets are displaying the same caution on trailers as they […]

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New Trucks and Equipment Set to Debut at The Work Truck Show 2020

New Trucks and Equipment Set to Debut at The Work Truck Show 2020

| January 15, 2020

Announcements scheduled by Crane Carrier, Ford, Isuzu, Mack, Mitsubishi, Nissan, Ram, and more More than 100 companies have announced plans to introduce new commercial trucks, bodies and truck equipment at The Work Truck Show 2020, North America’s largest work truck event. Work Truck Week runs March 3–6 at Indiana Convention Center in Indianapolis, Indiana. Educational […]

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Preliminary Used Class 8 Volumes and Prices Rise M/M

Preliminary Used Class 8 Volumes and Prices Rise M/M

| January 15, 2020

Retail and wholesale markets both showed short-term improvements Preliminary used Class 8 volumes (same dealer sales) increased 8% month-over-month in the final month of 2019, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research, but longer-term, volumes dropped 3% compared to December of […]

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Truck and Engine Manufacturers’ Statement on EPA’s Next Step in Its Cleaner Trucks Initiative

Truck and Engine Manufacturers’ Statement on EPA’s Next Step in Its Cleaner Trucks Initiative

| January 7, 2020

EMA manufacturers have innovated and implemented advanced clean engine and vehicle technologies that have reduced NOx and PM emissions to near-zero levels On January 6th the United States Environmental Protection Agency (EPA) announced an Advanced Notice of Proposed Rulemaking (ANPRM), as the next step in its Cleaner Trucks Initiative. This initiative anticipates a future rulemaking to potentially […]

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Penske Truck Leasing Expands in Illinois

Penske Truck Leasing Expands in Illinois

| January 6, 2020

Transportation Provider Opens New Location in Northwest Chicagoland Suburb Penske Truck Leasing has opened a new facility in East Dundee, Illinois, a northwest suburb of Chicago. The new site is in the Terra Business Park, a unique location between three Chicago area Penske branches; Rockford, Elk Grove and West Chicago. “We believe that the East Dundee area is an untapped market and we are […]

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