trucks News Updates

Business

USA Truck Posts First-Quarter Profit

USA Truck Inc. reported net income of $1.12 million, or 11 cents per share, to end a streak of first-quarter losses that covered eight years.

May 5, 2015
Business

Truck Orders Fall 10% in April, Reports Say

Truck orders slipped 10% last month from the year-earlier period on a preliminary basis as industry trends return to more typical seasonal patterns, ACT Research and consulting firm FTR reported.

May 4, 2015
Business

Retail Truck Sales Jump 25% in March

Heavy-duty truck sales continued to grow at a rapid clip in March, jumping 25% from the same month last year, WardsAuto.com reported.

April 20, 2015
Government, Business

OOIDA Petitions Federal Court to Join Lawsuit Against DOT Over Mexican Truckers

The Owner-Operator Independent Drivers Association has filed a petition to join a lawsuit against the federal government for opening the border to Mexican longhaul carriers.

April 9, 2015
Business

USA Truck CEO John Simone Takes Medical Leave

USA Truck CEO John Simone, 53, is taking a medical leave “to address issues relating to a serious medical condition," the truckload carrier said April 6.

April 6, 2015
Business

Class 8 Orders Decline in March for First Time in 26 Months

New orders of Class 8 trucks slipped 9% in March, ending a streak of 25 straight months with year-over-year growth in order intake, ACT Research reported.

April 2, 2015
Business

Class 8 Sales Will Hit Peak in 2015, ACT Forecast Says

COLUMBUS, Ind. — The Class 8 market will reach a peak in 2015 as a favorable freight market and improved trucker profitability lift the industry, ACT Research Co. projected.

March 30, 2015
Business

Used-Truck Transactions Up, But Constrained by Inventory

Used-truck transactions rose about 4% last year, but sales volumes were constrained by the scarcity of desirable units reaching the secondary market, IHS Automotive said.

March 9, 2015
Business

February Truck Orders Increase 7%

February Class 8 truck orders rose 7% from a year ago to 31,200, ACT Research Co. reported.

March 4, 2015
Business

USA Truck’s Earnings in 4Q Highlight Firm’s Turnaround

USA Truck Inc.’s strongest quarterly earnings report in nine years helped the company complete a turnaround in 2014 that saw it post its first full year of per-share profits since 2008.

March 2, 2015