Tag: Trucking News

Mercedes-Benz USA Launches new Corporate Social Responsibility Strategy – Driving Your Future

Program to empower the next generation with three national partners focused on education and safety ATLANTA–(BUSINESS WIRE)–Today, Mercedes-Benz USA (MBUSA) announced the introduction of Driving Your Future, the company’s new corporate social responsibility (CSR) program designed to empower the next generation. Through partnerships with nonprofit organizations Safe Kids Worldwide®, Junior Achievement USA® and Johnny Mac […]

Facing Thinner Margins and a Down Market, Trucking Technology is Helping Independent Trucking Companies Compete, New SmartHop Report Finds

43.5% of new drivers entered the market in the last two years, according to the First Annual State of Independent Drivers and Small Fleets The top three areas drivers in most need of support include: finding discounted fuel and insurance, as well as finding and booking high-quality loads While industry attracted many newcomers in the […]

Lack of New-Vehicle Inventory Still Constrains Sales Pace as Prices, Profits Reach Record Highs; Incentive Spending at New Low

TROY, Mich.–(BUSINESS WIRE)–J.D. Power: The Retail Sales Forecast New-vehicle retail sales for April 2022 are expected to decline when compared with April 2021, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new vehicles this month are expected to reach 1,076,200 units, a 23.8% decrease compared with April 2021 when […]

Simon-Kucher’s Inflation Pricing Study Reveals That Businesses – Particularly Those in the Industrials Industry – Face Increased Risk From Rising Inflation

Despite significant cost increases, many businesses are avoiding raising prices in anticipation of high-volume losses BOSTON–(BUSINESS WIRE)–With inflation at levels not seen for decades in many markets, businesses are facing significant margin erosion. A recent Inflation Pricing Study* by global consultancy Simon-Kucher & Partners surveyed more than 3,000 businesses across 20 countries (524 in the […]