March Class 8 Sales Up 21.9% to 24,823
U.S. Class 8 retail sales in March jumped 21.9% from a year ago and also exceeded the prior month, Wards Intelligence reported.
April 19, 2023Truck Tonnage Falls 5% in March
Truck tonnage experienced its steepest declines since 2020 amid slowdowns across multiple sectors, American Trucking Associations announced.
April 18, 2023FedEx to Merge Ground, Express Units
FedEx Corp. will combine nearly all of its ground, air and other operations by June 2024 as part of a $4 billion cost-cutting initiative, the company announced April 5.
April 5, 2023EPA OKs California Rules Phasing Out New Diesel Trucks
The U.S. Environmental Protection Agency has granted California environmental regulators waivers to officially move forward with the agency’s aggressive plans to transition diesel trucks to electric vehicles and expand the length of truck warranties.
March 31, 2023Truck Tonnage Increases 2.3% in February
Truck tonnage in February increased 2.3% when compared with the same month in 2022 according to American Trucking Associations’ For-Hire Truck Tonnage Index, marking the 18th straight year-over-year gain and the largest since October.
March 21, 2023Knight-Swift Agrees to Acquire U.S. Xpress
Knight-Swift Transportation Holdings has reached an agreement to acquire U.S. Xpress for approximately $808 million, the companies announced March 21.
March 21, 2023February Class 8 Sales Up 35% to 20,136
U.S. Class 8 retail sales in February jumped 35% from a year ago, and notched a slight increase from the prior month, Wards Intelligence reported.
March 10, 2023January Truck Tonnage Increases 1.5% Year-Over-Year
Truck tonnage rose 1.5% in January and maintained the steady, positive pace on which it ended 2022, according to American Trucking Associations’ For-Hire Truck Tonnage Index.
February 22, 2023Oil Giant BP Acquires TravelCenters of America
TravelCenters of America is being acquired by BP Products North America in a $1.3 billion deal announced Feb. 16.
February 16, 2023Class 8 Truck Sales Reach 19,932 in January
U.S. Class 8 retail sales in January rose 34.2% year-over-year, Wards Intelligence reported.
February 13, 2023