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Used Class 8 truck sales saw a summer sales surge that could indicate that fleets are opting to buy used trucks instead of newer models, according to an ACT Research report.
Class 8 truck same dealer sales volumes in August increased 19% in July, remaining on a positive trend. When compared to August 2015, the sales volumes are only off by 2%. The boost in sales was above what is typically expected, according to ACT.
“Higher than normal late summer sales could signal truck buyers are opting to purchase used trucks over new ones,” said Steve Tam, ACT's vice President-Commercial Vehicle Sector. He added, “Strong sales were a common theme across all three market segments, with retail posting a 12% increase month-over-month, and wholesale and auction improving 33% and 59% month-over-month, respectively.”
Related: More Options For Buying Used
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Truckstop.com has announced the release of Rate Analysis, a rate platform that allows customers to use market data and their rate history to make quick and data-driven decisions on their shipping rates.
A cloud-based solution powered by Truckstop.com's freight matching marketplace, Rate Analysis charts data on paid rates from across the “Rate Marketplace,” with rate data from Truckstop.com's ecosystem and third-party partnerships with industry leaders.
“Rate Analysis is an indispensable product for anyone involved with moving freight within the transportation industry,” said Bill Vitti, Truckstop.com chief sales officer. “It allows you to analyze the market rate of any lane and acts as a comprehensive platform with an organization's entire rate history and rate sources, enabling pricing on quick quotes to deep analysis on large RFPs, benchmarking, forecasting and business strategy.”
Using big data technology, Rate Analysis delivers real-time data and returns bulk analyses of tens of thousands of lanes in minutes, according to Truckstop.com. It is designed for efficiency and margin enhancement and each lane shows a live feed of available capacity and a tool to send direct quotes.
Truckstop.com is an online freight-matching marketplace that also provides load planning and optimization, transportation management, telematics, rate benchmarking, spot market data and negotiation tools.
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The Foton Motors Auman EST super truckn. Photo: Foton Motors
">The Foton Motors Auman EST super truckn. Photo: Foton Motors
">Chinese truck manufacturer Foton Motor has launched three fuel-efficient trucks under the Super Truck line in collaboration with Daimler, Cummins and German manufacturers ZF Friedrichshafen AG, Continental AG and other members of the Super Truck Global Innovation Alliance.
Foton launched three Super Truck models at the IAA Commercial Vehicle show in Hannover, Germany, including the heavy-duty Auman Energy Super Truck and the Aumark S super medium-duty and light-duty trucks.
The Auman EST is primarily aimed at global logistics companies with long-haul freight needs, while the two Aumark S models are designed for urban use.
The three trucks are the result of a collaboration between the Foton Motor Group, Daimler and Cummins to produce a green, fuel efficient and environmentally friendly option for global markets. Foton's Super Truck Global Innovation Alliance aimed for goals of a 30% reduction in fuel consumption, a 30% reduction in carbon emissions and a 70% increase in freight efficiency.
"Foton is an important partner of Cummins in the world and Cummins is a major member of the US Super Truck Program,” said Brett Merritt, executive director of on-highway business, engine business unit, Cummins. “We provided leading engine technology support for Foton Super Trucks, which will be a huge advantage of Foton Motor Group.”
Related: Seen at IAA 2016 Truck Show [Photos]
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...Read the rest of this storyUser interface of myPilot integration with Transflo Mobile Photo: Business Wire
">User interface of myPilot integration with Transflo Mobile Photo: Business Wire
">The myPilot mobile app from Pilot Flying J is now integrated into the Transflo Mobile platform, Pegasus TransTech announced Sept. 22.
The integration allows professional drivers to choose a fuel lane based on real-time estimates of waiting time, secure a mobile pin code for cardless fueling and quickly activate the fuel pump with the code.
The app should save drivers time and also includes real-time fuel lane availability updates, mobile payment options, in-app fuel receipts, instant access to loyalty points, routing mapping showing travel center locations and shower reservations.
These features are automatically activated by a geofence developed by Transflo surrounding a travel center. Once drivers enter the geofenced area, they receive an alert indicating the myPilot functions.
The Pilot Flying J app is available to more than 400,000 drivers who use Transflow Mobile. Deployment of the app was expected to be completed by the end of October.
Related: Transflo Mobile Gains TMWSuite Features With Integration
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