With trailer orders down, Wabash National gets negative outlook at S&P
Wabash National, feeling the impact of lower trailer orders, gets a negative outlook at S&P.
Wabash National, feeling the impact of lower trailer orders, gets a negative outlook at S&P.
A St. Louis jury award in favor of crash-victim families could stir public awareness for truck trailer safety regulations.
Wabash and J.B. Hunt Transport have signed a multiyear deal that will supply J.B. Hunt with 15,000 trailers. The size and scope of the pact are significant, as the past two years saw pandemic-related supply chain disruptions throttle up new trailer orders, causing the average age of existing trailers to rise.
This week: Husband-and-wife team delivers the U.S. Capitol Christmas tree, Wabash continues to support the local Feeding America food bank and Love’s distributes holiday meals to military families.
Trailer pool services are gaining adoption. Wabash, a major manufacturer of equipment, recently announced a partnership with Phoenix-based freight brokerage FreightVana to supply the company with its trailer-as-a-service (TaaS) platform.
The collision of supply constraints with pent-up equipment demand is pushing some 2021 trailer orders into next year.
abash National is expanding molded structural composite use beyond trailer walls and helping win sustainability points for customers.
Order books are open, but demand planning for 2022 and 2023 began months ago and bookings are filling fast.
As Wabash National streamlines its business, the trailer manufacturer will convert reefer capacity to add 10,000 dry vans in 2023.
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Wabash National spent $364 million to buy into final-mile products in 2017. It is finally starting to realize the hoped-for potential.
After four straight months of near-record orders, trailer bookings took a breather in January as some manufacturers slowed taking reservations.
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In today’s edition of The Daily Dash, offering up a to-do list for new Transportation Secretary Pete Buttigieg. Plus, recapping the latest earnings and how Bezos changed logistics.
Trailer maker Wabash National is pruning its product portfolio to redeploy resources for growth it sees in refrigeration and last-mile delivery.
In today’s edition of The Daily Dash, an activist investor is pushing Forward Air to create more shareholder value. Plus, retail supply chain trends to watch in 2021 and Deutsche Bank’s Amit Mehrotra shares his truckload stock outlook.
Wabash National discloses Scope 1 and Scope 2 GHG emissions in its first sustainability report.
Trailer maker Wabash National plans to sell Beall tankers unit to MAC Trailers for an undisclosed price. It plans to use the proceeds for its parts and services, cold chain, and home delivery markets.
Concern over the supply chain for wood and aluminum components to build new trailers adds to consumer goods-driven demand that pushed equipment orders over 50,000 for a second straight month in October.
Wabash National saw a 37% surge in its backlog of trailers to build from the second to the third quarter as record orders piled in. Third-quarter margins declined but the trailer and last-mile equipment builder was profitable.
OEMs, regulators put reefers on a path to zero emissions.
Demand headwinds will place “downwards pressure on revenue and earnings likely into 2021” for trailer manufacturer Wabash National. This was part of the rationale behind credit rating agency Moody’s lowering its ratings on the company.
In today’s edition of The Daily Dash, second-quarter earnings are coming fast and furious, and if you are looking to them for definitive answers on the economy, you might be disappointed. Plus, how hackable are ELDs and why is diesel engine maker Cummins so interested in hydrogen?
Trailer builder Wabash National kept the business impact of COVID-19 to a minimum in the second quarter. It even paid back money it borrowed and maintained its dividend.
In today’s edition of The Daily Dash, drug test refusals could serve as the trigger to accept hair testing; introducing a solar-powered reefer trailer; and carriers have negotiating power.
Wabash National says using the sun to power batteries on a refrigerated trailer could save 50% over the cost of diesel power with none of the emissions.
Wabash National felt the COVID-19 pandemic in the first quarter, but the trailer maker said its earlier preparations for a softening market helped offset deeper trouble.
Order cancellations and only essential replacement bookings dropped new trailer orders to just 6,500 units in March. Separately, Wabash National announced a two-week suspension of production and cash-conservation moves.
Engine maker Cummins Inc. joined Volvo and Mack Trucks in suspending production because of the coronavirus pandemic . Cummins and trailer maker Wabash National also pulled their earnings guidance for the year.
Now in sync with lower tractor orders after equipment ordering binge, trailer bookings recorded their softest February since the Great Recession as coronavirus concerns gave fleets another reason to stay out of the market.
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Wabash has combined innovative composite material with an electric refrigeration unit to produce a zero-emissions trailer.
A slower year of trailer production is expected as the equipment backlog waiting to be built fell in 11 of 12 months in 2019.
Trailer orders move up and down but the overall industry is ending a decade of growth that is just beginning to slow.
Preliminary orders for new trailers met expectations in October reached their highest level in 11 months, upholding expectations for a good, but not great 2020.
Semi-trailer manufacturer Wabash National reported higher revenue and profits in the third quarter led by growth in its final mile and commercial trailer segments.
Wabash National says it has $1.2 billion of trailers in its production backlog with cancellations at normal levels and demand robust.
Supply challenges weigh on profits, but company stays positive on market conditions.
Thousands of people flooded the Indiana Convention Center this week to see the latest products and services being offered to vocational and other types of fleets. Dozens of new products were announced, here is a look at some of them.
A company that once had problem after problem is turning things around on the back of the strong market for class 8 trucks.
Despite an exceptionally strong year for trailer orders, Wabash National’s stock took a hit when the company guided downward for its Q3 results, blaming higher input costs and labor issues.
The telematics revolution is creating a vast data lake, but now the industry has to figure out how to navigate it.