Estes Is High Spender on Yellow Terminals in Latest Auction
Estes Express Lines was the high spender in the latest round of bidding for freight terminals owned or leased by bankrupt less-than-truckload carrier Yellow Corp., court documents show.
BWT Logistics Purchases North Carolina-Based 3PL IET
BWT Logistics is set to acquire Lowell, N.C.-based third-party logistics specialist International Express Trucking for an undisclosed sum.
Hub Group Buys Forward Air Final-Mile Unit for $262 Million
Hub Group Inc. is set to buy the final-mile unit of Forward Air Corp. for about $262 million in cash, Oak Brook, Ill.-based Hub Group said.
Battery-Electric Truck Growth Underwhelms in 2023
Progress in 2023 for battery-electric trucks was slower than expected, with demand underwhelming and improvements needed for the underlying infrastructure, some OEM executives say.
Greenlane, Uber Freight Join in Electric Truck Charging Push
Greenlane plans to use Uber Freight data alongside its own findings in building its proposed public electric and hydrogen commercial vehicle charging network, the joint venture said.
Daimler Partners With Amazon for Fuel Cell Truck Trials
Daimler Truck plans to begin the first on-road customer tests of hydrogen fuel cell-powered Mercedes-Benz GenH2 trucks in global markets in the middle of 2024.
November Medium-Duty Sales Rise 6.1% Year-Over-Year
U.S. retail sales for medium-duty trucks rose 6.1% year-over-year in November, bouncing back after the first decrease in seven months in October, according to Wards Intelligence data.
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.
Court Approves Sale of 128 Yellow-Owned Terminals
A Delaware court approved the sale of 128 freight terminals owned by bankrupt less-than-truckload carrier Yellow Corp., according to an audio recording of a Dec. 12 hearing.
Daimler Vocational Models Add New Transmission Option
Eaton Cummins Automated Transmission Technologies’ Endurant XD automated transmission is now available for three vocational Western Star and Freightliner models, the joint venture said Dec. 11.