As part of a long-term strategic shift and due to the unsustainable profitability of the Rokbak articulated hauler business, Volvo Construction Equipment (Volvo CE) will close its Rokbak business and concentrate resources on its portfolio of other hauling solutions, the company said.
For more than four decades, Rokbak — formerly Terex Trucks — has delivered reliable off-highway articulated haulers to customers worldwide. However, rising operational and supply chain costs, combined with global trade challenges, including US tariffs, have significantly impacted financial performance, making continued operation unsustainable, it said.
Volvo CE is committed to ensuring Rokbak customers and partners remain successful, providing dedicated support throughout this phase-out and into the future, it said.
“We are deeply grateful to our loyal Rokbak customers, dealers, dedicated employees, and supportive partners who have been part of this journey,” said Melker Jernberg, President of Volvo CE. “Our priority is to honor our commitments and deliver ongoing comprehensive support to Rokbak customers and partners.”
Volvo CE will concentrate resources on advancing and launching innovative hauling solutions. The Motherwell facility in Scotland will continue as a key hub for designing and manufacturing Volvo rigid haulers and will drive development of future product lines, it said.
Volvo CE will work closely with unions, government representatives, and regulatory bodies to ensure a responsible and supportive transition for any employees who may be impacted by this decision, it added. -TradeArabia News Service
