U.S. Class 8 retail sales continued the trend of year-over-year declines by falling 12.9% in April, according to data from Wards Intelligence.
As trucking mergers and acquisitions followed the freight market into a down cycle, conditions have stabilized, showing positive signs for the sector going forward.
The joining of trucking companies comes with challenges throughout the merger and acquisition process. The slow-moving procedure was exacerbated during the boom/bust cycle of 2022-23.
A new source of renewable diesel is making its way into the southeastern U.S. for commercial operations including trucks operating at the Port of Savannah.
Senate Majority Leader Chuck Schumer this month touted the chamber’s evaluation of the White House’s budget request for fiscal 2025.
Losses at tire manufacturer Goodyear narrowed in the first quarter of 2024 due in part to an ongoing restructuring that won positive reviews from analysts.
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March Used Truck Sales Increase 7% From Last Year
Used Class 8 truck sales in March rose 7.4% compared with the same period the prior year, ACT Research reported. Sales increased to 21,700 units from 20,200 during the 2023 period.
Maersk Sees Improved Prospects for Global Container Trade
A.P. Moller-Maersk A/S, a bellwether for global trade, said a strong start to the year has improved the outlook for container trade demand worldwide.
Find out how your trucking business stacks up by submitting data for the 2024 Transport Topics Top 100 For-Hire Carriers publication.
Complete coverage of the 2024 National Truck Driving Championships and Step Van Driving Championships, as well as the state events that served as qualifiers.
A unique ranking of the third-party logistics companies in North America includes listings of the largest freight brokerage firms, freight forwarders, warehouse operators and dedicated contract carriage service providers.
Key data on revenue and freight assets for the 50 largest global freight companies.
Beverage and food service fleets dominate the top spots in this comprehensive rundown of private carriers in North America, ranked by number of tractors.
Annual rankings provide an indispensable overview of the largest for-hire carriers in North America, along with timely analysis of trends shaping the industry.
Port of Long Beach CEO Mario Cordero said April numbers will show trade flows coming to the U.S. West Coast are continuing to strengthen.
North American Class 8 truck orders increased year-over-year but fell from the previous month during April, according to ACT Research.
Forward Air Corp. ended an eventful first quarter with positive revenue growth but a decline in total earnings, the company reported May 8.
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