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Category: Equipment

Preliminary Used Class 8 Volumes Fell M/M, Y/Y and YTD

Preliminary Used Class 8 Volumes Fell M/M, Y/Y and YTD

| September 17, 2019

 Used Class 8 volumes fell 1% month-over-month in August Preliminary used Class 8 volumes (same dealer sales) fell 1% month-over-month in August, according to the latest preliminary release of the State of the Industry: U.S. Classes 3-8 Used Trucks published by ACT Research. Additionally, the report indicated that longer-term comparisons yielded a 25% decline compared […]

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Equipment Finance in the Trucking Industry

Equipment Finance in the Trucking Industry

| September 11, 2019

Trucks/trailers represented 13.2% of equipment financing new business volume reported by ELFA member companies, up from 12.1% in 2017 The Equipment Leasing and Finance Association has released its 2019 Survey of Equipment Finance Activity (SEFA) reporting overall new business volume grew 4.4% in the equipment finance industry in 2018 (see press release below). Also in […]

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F OPENMATICS and Maxion Wheels Partner on Wheel Connectivity Solution

F OPENMATICS and Maxion Wheels Partner on Wheel Connectivity Solution

| September 11, 2019

Fully-Integrated Multiservice Smart Wheel Sensor for Safer, More Efficient light trucks, buses, commercial trucks and trailers MaxionWheels, the world’s largest wheel manufacturer, announced today it is collaborating with ZF OPENMATICS to develop the industry’s first, fully-integrated wheel connectivity solution. Initially, targeting the commercial vehicle market, the multiservice sensor will capture, analyze and broadcast key data […]

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Yokohama Tire’s Long-haul Drive Tire Meets the Industry’s Severe Snow Service Standard

Yokohama Tire’s Long-haul Drive Tire Meets the Industry’s Severe Snow Service Standard

| September 10, 2019

The three-peak mountain snowflake symbol verifies the capabilities of the 712L in adverse weather Yokohama Tire announced today that the 712L™, their new long-haul drive tire, meets the industry’s required performance criteria for severe snow service. Manufactured in Yokohama’s plant in West Point, Mississippi, all four sizes of the SmartWay®-verified 712L – 295/75R22.5, 11R22.5, 285/75R24.5 […]

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Georgia Kumho Tire Workers Vote for USW Representation

Georgia Kumho Tire Workers Vote for USW Representation

| September 9, 2019

Second Election Successful, Pending Hearing, After Company’s Violations Workers at the Kumho Tire factory in Macon, Ga., voted this week to join the United Steelworkers (USW) union nearly two years after the initial vote was marred by the company’s numerous violations of workers’ rights. While some legal challenges remain before the election results are official, the […]

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MVT to Equip Trailers with Michelin Energy Guard

MVT to Equip Trailers with Michelin Energy Guard

| September 6, 2019

Saving 10 gallons of fuel every 1000 miles is strategically important when you have a fleet of 1500 trucks and 5000 trailers Mesilla Valley Transportation (MVT) − one of the largest dry freight carriers specializing in time-sensitive service between manufacturing centers in the U.S., Mexico, and Canada – announced that it has started factory-installing its trailers […]

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