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Patrick Shannon Appointed President of Volvo Financial Services
Effective July 1st, Shannon will have overall responsibility for Volvo Financial Services’ business operations and financial results in the U.S., Canada and Mexico.
Volvo Financial...
Shur-Co® Canada Launches e-Commerce Site
Yankton, SD: Shur-Co® Canada is excited to announce the launch of a new e-Commerce website for its ShurTite™ branded cargo control for the Canadian...
Approximately 2.1 Million Random Drug Tests in 2020
Regarding the medium duty market, Vieth commented, “Given its traditional status as the strongest medium duty order month of the year, October’s disappointment suggests...
Truck Driving May Disappear Due to Technology- Brookfield Institute Thinks
The Brookfield Institute for Innovation + Entrepreneurship at Toronto's Ryerson University said in its report that automation previously has been restricted to routine, manual tasks....
Tough Times Coming in 2020 for Heavy Duty Market
COLUMBUS, IN – According to ACT Research’s recently released Transportation Digest, carrier profitability and by extension Class 8 demand are heading toward tougher business...
ATA Truck Tonnage Index Fell 3.5% in November
Index 2.1% Lower than November 2018
Arlington, Va. — American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 3.5% in November after...
Turnover Rate at Truckload Carriers Rose in Third Quarter
Nine Point Jump Sets Churn Rate at Large Fleets at Highest Mark Since 2018
Arlington, Virginia — The annualized turnover rate at both large...
U.S. Trailer Net Orders Dropped 38% M/M, 56% Y/Y and 52% YTD
COLUMBUS, IN – New US trailer orders of 21.2k were down 43% month-over-month in November, and after accounting for cancellations, net orders of 19.8k...
Volvo Group and Isuzu Motors intend to form strategic alliance
The Volvo Group and Isuzu Motors today signed a non-binding Memorandum of Understanding with the intent to form a strategic alliance within commercial vehicles...
Volvo Financial Services invests in insurtech for the commercial vehicle sector
Greensboro, N.C. (December 16, 2019) – Volvo Financial Services has invested in REIN, a leading insurtech start-up company, to deploy the next generation...
