Government, Business, Fuel

Diesel Price Increase Eases

The national average diesel price showed a modest gain after four straight weeks of accelerated increases, going up 1.1 cents to reach $4.389 a gallon.

Keiron Greenhalgh | Staff Reporter
August 21, 2023
Business, Equipment

Peterbilt Adds Hendrickson’s Primaax EX Suspension as Option

Truck manufacturer Peterbilt has started offering Hendrickson Truck Commercial Vehicle Systems’ Primaax EX severe-duty vocational air suspension system as an option, Woodridge, Ill.-based Hendrickson said.

Keiron Greenhalgh | Staff Reporter
August 21, 2023
Government, Business

Equipment Financing Industry Confidence Increases in August

Confidence in the prospects for the equipment finance market rose in August, with fewer leaders expecting weaker conditions, according to the Equipment Leasing & Finance Foundation.

Keiron Greenhalgh | Staff Reporter
August 18, 2023
Business, Equipment

Mexico’s Fultra Buys Ohio-based Trailer Manufacturer East

Mexican truck parts and trailer specialist Fultra bought trailer manufacturer East Manufacturing, the companies said.

Keiron Greenhalgh | Staff Reporter
August 18, 2023
Government, Business, Equipment, For-Hire

Estes Offers $1.3 Billion for Yellow Terminals

Estes Express Lines is in line to buy the terminals of bankrupt less-than-truckload rival Yellow Corp. after submitting a $1.3 billion bid, a court heard Aug. 17.

Keiron Greenhalgh | Staff Reporter
August 17, 2023
Government, Business, Fuel

Diesel Price Up Another 13.9¢ to $4.378 a Gallon

Diesel prices climbed another 13.9 cents a gallon for the fourth straight week of a dime-or-more national average surge, according to data from the Energy Information Administration.

Keiron Greenhalgh | Staff Reporter
August 15, 2023
Business, Equipment

Daimler Truck CEO Martin Daum to Be Interim CFO

Daimler Truck AG CEO Martin Daum will temporarily assume the role of chief financial officer at the original equipment manufacturer, the company said Aug. 14.

Keiron Greenhalgh | Staff Reporter
August 14, 2023
Business, Equipment, Safety, Fuel

Nikola to Halt Sales, Recall Trucks After Battery Fires

All the Class 8 Tre battery-electric trucks Nikola Motor sold or sent to potential customers for testing are being recalled, the company said.

Keiron Greenhalgh | Staff Reporter
August 14, 2023
Government, Business, Equipment, For-Hire

Yellow Looks to Finalize Bankruptcy Loan

Yellow Corp. continues to work with potential financiers, including Estes Express Lines, who are offering more affordable alternative bankruptcy financing for the LTL trucking company.

Keiron Greenhalgh | Staff Reporter
August 11, 2023
Business, Equipment

SAF-Holland Q2 Sales Soar on North American Demand

Sales at SAF-Holland jumped in the second quarter of 2023 on the back of North American trailer and truck markets plus increasing demand for disc-braked axle systems for trailers.

Keiron Greenhalgh | Staff Reporter
August 11, 2023