Category: Cab, Trailer & Body

Used Class 8 Truck Price Growth Expectations Pushed Further Out

Used Class 8 Truck Price Growth Expectations Pushed Further Out

| April 1, 2024

ACT Research reports used Class 8 average retail sale price improved 4.4% m/m to $62,100 in February According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks by ACT Research, the used Class 8 average retail sale price improved 4.4% m/m to $62,100 in February. “On a year-over-year basis, used retail prices […]

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Kodiak Establishes Advisory Council, Taps Leaders from Walmart, UPS, and Beyond to Help Guide Deployment of Autonomous Trucks

Kodiak Establishes Advisory Council, Taps Leaders from Walmart, UPS, and Beyond to Help Guide Deployment of Autonomous Trucks

| March 31, 2024

“Kodiak’s Industry Advisory Council will help carry us through our next phase of growth, as we work alongside our partners to safely and efficiently deploy our driverless technology,” said Reed  Kodiak Robotics, Inc., a leading autonomous transportation company building technology for the trucking and defense industries, announced the launch of its Kodiak Industry Advisory Council. […]

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Sope Creek Capital Leads Recapitalization to Support Commercial Truck and Trailer Part’s Growth

Sope Creek Capital Leads Recapitalization to Support Commercial Truck and Trailer Part’s Growth

| March 31, 2024

Company has a long track record of distributing truck and trailer parts in the independent heavy-duty aftermarket channel. CTTP carries over 350+ nationally recognized brands Sope Creek Capital, a transportation and logistics focused family office, announced the recapitalization of Commercial Truck and Trailer Parts and M&R Manufacturing and Supply (the “Company”), a national distributor of […]

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Canoo Acquires Additional Advanced Manufacturing Assets at Deep Discounts

Canoo Acquires Additional Advanced Manufacturing Assets at Deep Discounts

| March 25, 2024

Strategy of acquiring new and unused equipment at pennies on the dollar (80%+ discount), reduces capital expenditures by tens of millions of dollars, enhancing equity value Canoo Inc. high-tech advanced mobility company, completed the acquisition of a substantial portion of the advanced manufacturing assets that were previously owned by Arrival Automotive UK Limited. The purchased […]

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Continental Tire Opens New Retread Solutions Center

Continental Tire Opens New Retread Solutions Center

| March 24, 2024

The ContiLifeCycle capitalizes on retread investments and extends tire life with the goal of delivering the Lowest Overall Driving Cost As one of the largest tire and automotive technology suppliers in the world, Continental Tire has a goal to develop technologies and services to connect the mobility of people and goods in the most sustainable […]

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Private Fleet Additions Continue to Support Class 8 Demand in February

Private Fleet Additions Continue to Support Class 8 Demand in February

| March 24, 2024

ACT Research Reports Final February Class 8 net orders, at 27,745 units were up 16% y/y Final February Class 8 net orders, at 27,745 units were up 16% y/y. Total Classes 5-7 orders were up 8.6% y/y at 19,127 units, as published in ACT Research’s latest State of the Industry: NA Classes 5-8 report. “Given […]

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