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Summer 2020 Heavy Duty Industry Update

Summer 2020 Heavy Duty Industry Update

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After 3 disappointing months, we can take a small sigh of relief in seeing the volume of North American Class 8 orders increase.  In June, the second highest numbers were reached this year.  No one can say if this is the beginning of a consistent trend or rebound, but for now it’s positive.  Preliminary net orders jumped just…

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Stemco Exits the Brake Drum Market

Stemco Exits the Brake Drum Market

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In a recent turn of events, Stemco has announced that they have made the difficult decision to depart from the brake products segment in addition to halting production of the Motor Wheel brake drums and Crewson brake adjuster product line at the end of July.   Stemco is making these changes in order to focus efforts and…

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Covid Effect on Trucking (Summer 2020)

Covid Effect on Trucking (Summer 2020)

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We have been moving slowly and nervously through this COVID-19 crisis now for more than 3 months.  We hear the word unprecedented over and over because we have no real experience to look back on, especially involving trucking.  Many trucking companies have adapted and learned how to be flexible, creative, prepared and determined.  But the pandemic has definitely…

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