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Categories: Fleet Management, Operations
What do Pandemic-Scrambled Retail Inventory Trends Mean for Trucking?

The inventories-to-sales ratio traditionally has been a key indicator for assessing near-term transportation demand. Right now they're very lean, which...

https://www.worktruckonline.com/10142526/what-do-pandemic-scrambled-retail-inventory-trends-mean-for-trucking
Categories: Equipment, Operations
Market Analysts Say Trucking Capacity Has Peaked

The trucking industry, and the supply chain as a whole, are in an upcycle, but analysts suspect that the industry has reached its peak.

https://www.worktruckonline.com/10141299/why-is-pressure-so-tight-on-the-trucking-industry
Categories: Operations, Small Fleet, Vehicle Research
Most Commercial Fleet Orders for 2021 Models to be at Pre-Pandemic Levels

A number of commercial fleets are planning to order fewer fleet vehicles in MY-2021, but the majority of surveyed fleet managers state there will be no...

https://www.worktruckonline.com/10119505/commercial-fleet-orders-for-2021-models-to-be-at-pre-pandemic-levels-1
Categories: Fleet Management, Global Fleet, Operations, Technology
Events Fleet Pivots to Relief Runs During COVID-19 Outbreak

Upstaging, a fleet that specializes in hauling lighting, staging and other requirements for concerts and other live events, turned to hauling relief...

https://www.worktruckonline.com/354173/live-event-fleet-pivots-to-relief-runs-during-covid-19-outbreak
Categories: Equipment, Vehicle Research
Trucking-Related Manufacturers Idle Production Facilities Due to COVID-19

A number of truck makers and suppliers are choosing to temporarily idle production facilities as part of a national effort to help slow the spread of the...

https://www.worktruckonline.com/353851/more-trucking-related-manufacturers-opt-to-idle-production-facilities
Categories: Equipment, Remarketing, Vehicle Research
Used Truck Sales Return to Downward Track

ACT Research said North American used truck sales volumes fell 35% in November.

https://www.worktruckonline.com/347344/used-truck-sales-return-to-downward-track
Categories: Equipment, Global Fleet, Operations, Vehicle OEM, Vehicle Research
Volvo Announces Layoffs at New River Valley Assembly Plant

Due to weakened orders for heavy duty trucks in North America, Volvo has announced it will lay off 700 workers beginning in January of next year.

https://www.worktruckonline.com/346702/volvo-announces-layoffs-at-new-river-valley-assembly-plant
Categories: Fleet Management, Operations
Cummins to Trim Workforce in Line with Market Demand

Engine maker Cummins Inc. is planning to lay off about 2,000 workers due to the downturn in the market.

https://www.worktruckonline.com/345428/cummins-to-trim-workforce-in-line-with-market-demand
Categories: Leasing, Technology

The Internal Revenue Service update of the depreciation limits for higher-priced passenger vehicles should have minimal impact on commercial leasing, fleet...

https://www.worktruckonline.com/332594/irs-depreciation-limit-update-should-minimally-impact-fleets
Categories: Equipment, Operations
President Trump Hosted by Minnesota Truck Dealer for Tax Discussion

President Trump and senior White House officials met with Bob Nuss of Nuss Truck & Equipment in Burnsville, Minnesota about taxes and the economy and asked...

https://www.worktruckonline.com/329721/minnesota-truck-dealer-hosts-president-trump-for-tax-discussion


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