Class 8 truck sales

Rush Enterprises posted strong Q2 sales and profits, relying on its parts and services business amid trucking headwinds.

Rush Enterprises sold Class 8 trucks at a level reflecting the industry’s overall COVID-impacted decline in 2020. It expects better results in 2021 and beyond.

Just 3½ years after J.B. Hunt Transport Services purchased its first International LT Series on-highway tractor, the carrier has taken delivery of its 5,000th from Navistar.

Fleet Advantage offers book value cash and leasebacks to help trucking companies weather the economic crisis while banking on selling them new trucks down the road.

Swollen inventories of heavy-duty trucks must shrink or manufacturers will need to cut production further to keep the industry order bank from declining further, ACT Research says.