Used truck prices are holding steady, with supply still dictating pricing. That’s the word from J.D. Power’s Commercial Truck Guidelines for March, which notes that February is the first month in any new year with a high enough volume of used truck auctions to allow analysts to identify market trends.
Knight Transportation, a wholly owned subsidiary of Knight-Swift Holdings, has acquired all of the assets of Abilene Motor Express and related entities, according to a Securities and Exchange Commission filing.
The operators of an online registration service for carriers have agreed to settle with the FTC for $900,000 over charges that they impersonated and falsely claimed affiliation with government agencies to trick fleets into paying them for UCR registration.
The driver turnover rate for truckload carriers fell in the final three months of 2017, but the rate remained 14 points higher than it was for the previous year.
Uber has shelved its self-driving vehicle program after one of its test vehicles struck and killed a female pedestrian in Tempe, Ariz. The accident marks the first known death of a pedestrian hit by an autonomous vehicle on public roads.
Nissan North America has expanded production of its NV cargo and passenger vans by adding a second shift to its Canton, Ohio, assembly plant, where Nissan recently celebrated production of 4 million vehicles.
Daimler Trucks handed over the first all-electric Fuso eCanter trucks to three fleets in Great Britain. This now brings the electric light-duty truck to a further major market following the market launches in New York, Tokyo, and Berlin.
ACOFAS is offering a presentation demonstrating and educating technicians on how to properly inspect a vehicle.