Nikola CEO Mark Russell to Retire Jan. 1
Truck manufacturer Nikola Corp. has announced a leadership change that places a 20-year automotive industry veteran at its helm.
August 10, 2022XPO Names Mario Harik to Succeed Brad Jacobs as CEO
XPO Logistics Inc. announced that Mario Harik will succeed Brad Jacobs as CEO of XPO and join the board of directors following XPO’s planned spinoff of its tech-enabled brokerage platform.
August 4, 2022Truck Tonnage in June Soars 7.9% Year-Over-Year
Truck tonnage in June soared 7.9% above the same month last year, American Trucking Associations' For-Hire-Truck Tonnage Index released July 19 showed.
July 19, 2022June Class 8 Sales Highest of the Year
U.S. Class 8 retail sales in June were the highest of the year and improved 12.7% compared with the previous June, Wards Intelligence reported.
July 13, 2022DB Schenker to Acquire USA Truck for $435 Million
USA Truck is being acquired by DB Schenker in a $435 million deal announced June 24.
June 24, 2022Tonnage Jumps 3.7% in May
Truck tonnage jumped 3.7% in May compared with year-ago levels, marking the ninth consecutive year-over-year gain and the largest since April 2021, American Trucking Associations announced.
June 21, 2022US Class 8 Sales in May Climb Past 20,000, Adding to Recent Momentum
U.S. Class 8 retail sales in May rose 13.9% compared with a year earlier to just clear 20,000, Wards Intelligence reported.
June 10, 2022Tonnage Up 1.8% in April Compared With 2021
Truck tonnage in April increased on an annual basis but declined compared with March, American Trucking Associations reported.
May 26, 2022Class 8 Sales Flat in April Compared With 2021
U.S. Class 8 retail sales in April were flat compared with a year earlier, coming in at just over 19,000, but continued the improvement from the lows in the beginning of the year, Wards Intelligence reported.
May 12, 2022Norman Mineta, Former DOT Secretary, Dies at 90
ANNAPOLIS, Md. — Norman Mineta, who broke racial barriers for Asian Americans serving in high-profile government posts and ordered commercial flights grounded after the 9/11 terror attacks as the nation’s federal transportation secretary, died May 3. He was 90.
May 3, 2022