Government, Business, Technology, Equipment, Safety, Logistics

Trucking Grapples With Evolving Cargo Theft Risks in Q3

Trucking continued to deal with a high number of cargo thefts during the third quarter as criminals take advantage of the tighter economy.

Connor D. Wolf | Staff Reporter
November 16, 2023
Business, Equipment

October Medium-Duty Sales Post First Decline Since March

U.S. retail sales for medium-duty trucks declined 4.2% year-over-year in October, ending six consecutive months of year-over-year increases, according to data from Wards Intelligence.

Connor D. Wolf | Staff Reporter
November 15, 2023
Business, Equipment, Breaking News

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.

Connor D. Wolf | Staff Reporter
November 13, 2023
Business, Logistics

Mergers and Acquisitions Market Begins to Accelerate

After a drop in merger and acquisition activity, analysts believe the market has turned a corner. Driven by uncertain economic conditions earlier this year, M&A has now started a rebound.

Connor D. Wolf | Staff Reporter
November 13, 2023
Business, Logistics, For-Hire

Forward Air Files Counterclaim Against Omni on Merger

Forward Air has filed a counterclaim against Omni Logistics in response to a lawsuit Omni filed alleging that Forward has not followed through on a planned merger between the companies.

Connor D. Wolf | Staff Reporter
November 13, 2023
Business, Logistics

Trucking Enters Strong but Uncertain Holiday Season

The trucking industry is heading into a strong but somewhat uncertain peak shipping season with consumer spending expected to remain high even amid a softer economy, according to a survey.

Connor D. Wolf | Staff Reporter
November 9, 2023
Business, Equipment

Class 8 Order Season Continues Below Year-Ago Surge

North American Class 8 truck orders for October fell precipitously from their year-ago surge, taking a steep but unsurprising drop, according to ACT Research.

Connor D. Wolf | Staff Reporter
November 9, 2023
Business, Technology, Equipment, Safety

Wireless Hacking Demo Shows Tractor-Trailer Vulnerabilities

HOUSTON — A wireless hacking demonstration staged at the National Motor Freight Traffic Association's cybersecurity conference revealed the vulnerabilities of a tractor-trailer.

Connor D. Wolf | Staff Reporter
November 9, 2023
Business, Logistics

GXO Beats Soft Freight Market With Earnings Gains for Q3

GXO Logistics Inc. experienced an increase in third-quarter earnings on revenue growth despite the softer freight environment, the company reported Nov. 7.

Connor D. Wolf | Staff Reporter
November 8, 2023
Business, Logistics

RXO Reports Negative Earnings in Soft Q3 Market

RXO reported negative net income and a 14% decline in revenue during the third quarter.

Connor D. Wolf | Staff Reporter
November 7, 2023