Author: Vitaliy Dadalyan

Class 8 orders drop in May

Dip not unexpected, as it heralds the beginning of the annual “summer order slump,” according to one industry analyst.

North American orders for Class 8 trucks dropped to 16,800 units for May, according to data tracked by ACT Research; a 30% decline from April, the firm noted.

While Steve Tam, ACT's vice president, noted in a statement that May's Class 8 order volume is the lowest in the past seven months, it is still 18% higher year-over-year when compared to May 2016. On top of that, the May's dip corresponds to a seasonally-expected decline in orders, he stressed.

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New truck orders pause in May

Research groups say overall market outlook remains positive.

Orders for new Class 8 trucks dropped in May from the previous month, but remained well above year-ago levels, two industry groups reported.

ACT Research said Class 8 orders were 16,800 units in May, down 30% from April and the lowest in the seven months. However, that was up 18% higher than May 2016.

The firm also reported overall Classes 5-8 net orders fell 11% in May to 38,100, the second consecutive monthly dip, but were 20% ahead of last year's pace.

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Pit Group to Evaluate Fuel Efficiency of 5 Tire Brands

<img width="150" src="http://www.automotive-fleet.com/fc_images/news/m-energotest-truck-1.jpg" border="0" alt="

Photo: Pit Group

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Photo: Pit Group

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Pit Group announced that its Spring Energotest in Blainville, Quebec, Canada, will focus on the fuel economy of tires, evaluating the efficiency of five brands. The test will take place on June 9 at the Transport Canada test track.

During Energotest, tires from BF Goodrich, Bridgestone, Continental, Goodyear, and Michelin will undergo a series of fuel economy tests using stringent protocols to measure the performance of each tire.

Pit Group is a research and engineering group focused on improving fleet maintenance and operations in the North American transportation industry.

“Pit Group fleet members met in March to identify testing and R&D priorities for the coming year,” said Yves Provencher, business development manager, intelligent transportation at Pit Group. “Each member lists issues they are facing and our engineers create a list of potential items to test. Members then vote to identify their top 10 priorities. This year, fleet members voted to focus on tire fuel economy.”

The tire tests planned for Energotest will be based on TMC Type II and Type III Fuel Consumption Test Procedures, according to Pit Group. The Type II test will compare each brand using a control tire brand. Type III testing will test each tire on several identical vehicles, by switching tires from one test vehicle to another between tests, to clearly measure the impact on fuel consumption.

Additional testing topics identified by fleet members for evaluation in the future by the PIT Group include:

Fuel economy of trailer gap closing technologies and reefer fuel consumptionImpact of advanced driver assist systemsReliability of tire inflation systemsComparison between drum and disc brakes.

Pit Group fleet members also identified important maintenance issues, including corrosion mitigation and DPF cleaning systems, and the impact of predictive cruise control, a topic on which Pit Group will run an operational study.

Pit Group also announced that Loblaw ...Read the rest of this story

Federal Signal Completes $270 Million Acquisition of TBEI

Federal Signal has completed its acquisition of Truck Bodies and Equipment International, a manufacturer of dump bodies and trailers, for a purchase price of $270 million.

TBEI represents a portfolio of six established brands: Travis Trailer & Body Company, Crysteel, Ox Bodies, Rugby Manufacturing, DuraClass, and J-Craft. TBEI will be combined with the businesses in Federal Signal's Environmental Solutions Group to create a single platform offering municipal and industrial customers a suite of maintenance and infrastructure equipment support.

In a release earlier this month, Federal Signal stated that as part of the deal, TBEI's president and CEO Robert Fines will be joining the company's management team.

“Their product offerings will allow us to further diversify into higher growth, maintenance and infrastructure markets while balancing the mix of revenue streams between municipal and industrial, and reduce our exposure to oil and gas,” said Jennifer L. Sherman, Federal Signal's president and CEO. “This acquisition represents a strong strategic fit for Federal Signal and will enhance our ability to achieve sustainable and profitable growth.”

Related: 6 Steps to Better Work Truck Body Upfits

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Proposed truck insurance hike to be tossed

FMCSA plans to withdraw its proposal to raise minimum insurance requirements for motor carriers.

The Owner-Operator Independent Drivers Association (OOIDA) said today that the Federal Motor Carrier Safety Administration (FMCSA) plans to withdraw its proposal – made three years ago – to increase mandated levels of insurance coverage both freight and passenger motor carriers from $750,000 to $4 million.

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OOIDA: Proposed truck insurance hike to be tossed

Group says FMCSA will withdraw its proposal to raise minimum insurance requirements for motor carriers.

The Owner-Operator Independent Drivers Association (OOIDA) said today that the Federal Motor Carrier Safety Administration (FMCSA) plans to withdraw its proposal – made three years ago – to increase mandated levels of insurance coverage both freight and passenger motor carriers from $750,000 to $4 million.

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