Breaking News
Class 8 Truck Sales Down 6.7% in January
Class 8 retail sales kicked off the new year with their sixth consecutive month of year-over-year declines in January, Wards Intelligence data shows.
Truck Tonnage in December Dips 0.5% Year-Over-Year
Truck tonnage dipped in December, closing out the worst 12 months for freight activity since the pandemic year of 2020, American Trucking Associations reported.
FMCSA Leader Robin Hutcheson Is Leaving Agency
Robin Hutcheson will step down as leader of the Federal Motor Carrier Safety Administration on Jan. 26, the agency said Jan. 19.
Class 8 Sales Fall for Fifth Consecutive Month in December
Class 8 retail truck sales in December fell year-over-year for a fifth consecutive month, Wards Intelligence data showed, but full-year 2023 sales ended 4.9% higher compared with 2022.
TFI to Buy Daseke for $1.1 Billion
TFI International Inc., a Canadian carrier that has been growing through acquisitions, announced plans to purchase flatbed specialist Daseke Inc. for $1.1 billion, including debt.
Truck Tonnage Falls 1.2% in November
Truck tonnage slipped in November as the industry’s freight recession lingers, but conditions are poised to ease heading into next year, American Trucking Associations said Dec. 19.
Nikola Founder Trevor Milton Sentenced to Four Years
Nikola Corp. founder Trevor Milton was ordered to spend four years behind bars for lying to shareholders about the electric truck maker’s progress.
Class 8 Sales Fall for Fourth Consecutive Month in November
Class 8 retail truck sales in November fell year-over-year for a fourth consecutive month, Wards Intelligence data showed.
October Truck Tonnage Up Month-to-Month, Down Year-to-Year
Truck tonnage on an annual basis declined for an eighth consecutive month in October but improved slightly on a month-to-month basis, according to American Trucking Associations.
Class 8 Sales Drop for Third Straight Month During October
Class 8 retail sales in October declined from the year-ago period for a third consecutive month, Wards Intelligence data showed.