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Patrick Shannon Appointed President of Volvo Financial Services

Effective July 1st, Shannon will have overall responsibility for Volvo Financial Servicesโ€™ business operations and financial results in the U.S., Canada and Mexico. Volvo Financial...

Shur-Coยฎ Canada Launches e-Commerce Site

Yankton, SD: Shur-Coยฎ 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

ย  Regarding the medium duty market, Vieth commented, โ€œGiven its traditional status as the strongest medium duty order month of the year, Octoberโ€™s disappointment suggests...

Truck Driving May Disappear Due to Technology- Brookfield Institute Thinks

ย  The Brookfield Institute for Innovation + Entrepreneurship at Toronto's Ryerson University said in its report that automation previously hasย been restricted to routine, manual tasks....

Tough Times Coming in 2020 for Heavy Duty Market

COLUMBUS, IN โ€“ According to ACT Researchโ€™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

ย  Index 2.1% Lower than November 2018 Arlington, Va. โ€” American Trucking Associationsโ€™ 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 โ€” The annualized turnover rate at both large...

U.S. Trailer Net Orders Dropped 38% M/M, 56% Y/Y and 52% YTD

COLUMBUS, IN โ€“ 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) โ€“ Volvo Financial Services has invested in REIN, a leading insurtech start-up company, to deploy the next generation...

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