News

Class 8 truck sales continue surge

BLOOMINGTON, IN - North American Class 8 truck orders this August were 50% better than a year ago, and 14% above July totals, analysts at FTR report. "Orders were up for the third straight month, and it looks like May's 16,500 orders will be the low point for the year. Orders are expected to increase in September, leading into robust order activity in Q4," said Don Ake, FTR's vice president of commercial vehicles. The numbers are in keeping with expectations and should help to fill remaining 2017 build slots, FTR concludes. It's the best August order performance since 2014. In the past 12 months, North American Class 8 orders have reached 231,000 units.

Ontario government seeks feedback on proposed rebates

TORONTO, ON - The Government of Ontario is seeking input on a proposed program that will provide rebates to fleets towards the purchase of alternative-fuel trucks and fuel-saving technologies. The Green Commercial Vehicle program (GCVP), a part of the Ontario Climate Change Action Plan introduced in 2016, would provide up to $170 million for electric and natural gas-powered commercial vehicles, infrastructure and temperature controlled trailer technology - as well as tractor-trailer aerodynamic devices and anti-idling devices.