Rush Enterprises experienced softer Class 8 aftermarket revenue at its dealership network, but it had other business to replace it in Q3.
Rush Enterprises posted strong Q2 sales and profits, relying on its parts and services business amid trucking headwinds.
San Antonio-based Rush Enterprises, already far and away the largest U.S. network of commercial truck dealerships, is getting even bigger.
Cervus Equipment is set to be acquired by Brandt Tractor in a $240 million deal that will take the Canadian Peterbilt dealer private.
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.
Rush Enterprises reported lower Q3 sales and earnings. But the truck dealership network exceeded analyst estimates in both top and bottom line.
Success in Massachusetts could lead to further adoption across the U.S., supporters assert.
Strategic partnerships with Hitachi to benchmark its operations and help build a dealership network juice shares in Workhorse Group.
Continued weakness from its Canadian Peterbilt dealerships adds to steep decline in Alberta company’s agricultural equipment business.
Canadian John Deere dealership network enters trucking business with C$13.5 million deal.
Strong performance from Ontario-based Peterbilt dealerships reflects overall North American demand.
Covering 14 acres, TEC Equipment’s new Mack/Volvo dealership in Fontana, CA, is designed to improve customer service and features many driver amenities.
