Navistar International Corp. reported a fiscal first-quarter net loss as well as a dip in revenue and market share gains for Classes 6-8 vehicles compared with a year earlier.

North American Class 8 orders hit 43,800 in February, up 212% compared with a year earlier, ACT Research reported, citing truck makers’ preliminary data.

Some truck buyers require lightweighting while most others move toward it slowly, if at all, but the coming of electric trucks may demand more of it, according to an updated confidence report from the North American Council for Freight Efficiency.

Moving one step closer to being acquired, Navistar International Corp. announced stockholders approved Traton SE’s proposal to buy all of Navistar’s outstanding common shares for $44.50 per share in cash, or $3.7 billion.

The price of diesel continued to skyrocket, surging 9.9 cents to $3.072 a gallon, according to data released by the Energy Information Administration on March 1.

TravelCenters of America Inc. reported a fourth-quarter loss and a decline in revenue as diesel gross margins plunged and pandemic-related restrictions remained in place at some of its restaurants.

The average used Class 8 vehicle in January had higher mileage and sold for a little less than a year earlier, ACT Research reported, calling it an inkling of all the freight there was to haul in the second half of 2020.

BorgWarner Inc. and Akasol AG have signed a business combination agreement intended to position BorgWarner to strengthen its commercial vehicle and off-highway battery systems business.

Daimler Truck AG and Cummins Inc. announced a global partnership for medium-duty diesel engine development and production, and are considering other potential collaborations.

Nikola Corp. announced updates on its zero-emission hydrogen fuel-cell electric commercial truck program as the company vied for attention beside other truck makers in an increasingly crowded space it helped create in 2016 with its introductory announcement.