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Early reports are showing that heavy-duty truck orders likely dropped as much as 12,000 units from March to April, but despite that being the largest single-month decline since 2011, analysts are still calling the market for Class 8 equipment hot.
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Anheuser-Busch has placed an order for up to 800 hydrogen-electric heavy-duty trucks from Nikola Motor Co. as part of a plan to convert its entire dedicated fleet to renewable power by 2025.
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Trucking company YRC Worldwide Inc. narrowed its first quarter loss but was still in the red, but it expects an improvement in its finances later in the year.
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A quarterly survey of a varied panel of trucking fleets finds continued strong plans to buy more trucks, especially among larger fleets, and among private fleets looking to address capacity and rate issues – but those truck orders are in many cases about other things than adding capacity, because drivers continue to be in short supply.
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The California Trucking Association has launched a program designed exclusively for small fleet owners. CTA says the new Small Fleet Program helps small carriers compete by offering a broad range of member resources that companies can use to strengthen their compliance, advocacy, safety, and leadership efforts.
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Trucking and logistics provider XPO Logistics Inc. reported records for first quarter profit and revenue due to increasing e-commerce business.
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Nikola is demanding a jury trial, claiming Tesla's Semi truck design violates several patented design features on its own, electric, Class 8 truck model.
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Spot market freight activity continued to build during the week ending April 28 as the number of loads on the DAT network of load boards increased but a hike in truck capacity helped keep a lid on rates.
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Clean vehicle technology is advancing by leaps and bounds, but the direction it is moving is not always clear. A panel discussion at a recent alt fuel conference explored global trends in the space and the need for more certainty.
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Total intermodal freight volumes climbed 7.2% year-over-year in the first quarter of 2018, the strongest gain since the second quarter of 2014, according to new figures released by the Intermodal Association of North America.
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