Penske Truck Leasing and Penske Logistics announced plans to hire about 3,500 associates within its North American operations throughout 2012. Penske says its promising hiring outlook stems from the increasing demand for its services as the transportation sector continues to recover.
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Great Dane Aftermarket Parts is pleased to announce the addition of Curt Westphal as our new Regional Sales Manager for the upper Midwest, effective January 20, 2012. In his new position, Curt will assume responsibility for promoting aftermarket parts sales and the AdvantEDGE program in his assigned territory. Continue Reading

LAS VEGAS. The U.S. has entered a period of sustained but slow economic growth that bodes well for trucking, according to economists at the 2012 Heavy Duty Dialogue. Representing a consensus opinion among the speakers at this one-day conference for truck manufacturers and suppliers, Dr. Jeff Rosensweig of Emory University’s Goizueta Business School, said the country will “most likely” experience GDP growth of 2 to 2.5% this year, although the potential remains that it could reach 3 to 4%. While a double dip recession still remains a possibility, he put the likelihood of a return to negative growth at just 25%. Continue Reading

A forecast from Pike Research says that sales of hybrid and electric medium- and heavy-duty trucks will nearly double in 2012, but one industry expert thinks some of the numbers might be overly optimistic. Continue Reading

Though sales of used trucks slowed at the end of 2011, inventory is expected to continue tightening in 2012 and beyond – with mileage on used truck odometers predicted to keep climbing as well. Continue Reading

FedEx Corp.’s fiscal second-quarter profit nearly doubled, boosted by higher holiday-season sales, and the company said it will purchase 27 new jets for its FedEx Express service in the next few years. Continue Reading

QUISPAMIS, NB – Great Dane Trailers, manufacturer of dry van, refrigerated and platform trailers, announced the expansion of Universal Truck and Trailer (UT&T) with the opening of its second full-service location in New Brunswick. Continue Reading

Trailer orders are continuing their slide, according to the latest numbers from ACT Research Co., but such a pattern is to be expected this time of year. The 2 percent fall in commercial trailer net orders from June to July is the fourth consecutive month of declines, but the research firm is projecting order volumes to strengthen through the fall and winter. With a strong backlog and few cancellations, the seasonal Continue Reading

Used truck buying patterns are changing to adapt to what essentially has become a new marketplace. While lower mileage vehicles are typically prized by buyers, the strategy du jour–in light of recent economic struggles especially–has been to hang on to equipment even longer, thereby withholding inventory that in better days would have already found its way to market. Considering this, it comes as no surprise that Continue Reading

U.S. trailer orders dropped again in June, but it’s too soon to tell, according to analysts, whether this should be an industry-wide cause for concern. Despite a 26 percent decline from May and a 5 percent drop from June 2010, ACT Research Co. noted in its report that orders are still double what they were a year ago. Also, the research firm said, the lower order numbers were not a result of cancellations, but rather Continue Reading