Business

Net U.S. trailer orders in October surged to 31,786 units, reaching the highest volume since November 2018 despite an overall slowing freight market, ACT Research reported.

Ford Motor Co. is reinventing one of its marquee models — the Mustang muscle car — as a battery-powered crossover to become a player in the electric-vehicle market that is expected to take off in the coming decade.

Daimler Trucks North America has developed a custom hardware and electronics tool to streamline the vocational customization process for truck equipment makers and dealers, according to the company.

Mountain Valley Express, a California-based carrier, has been sold to an unidentified international buyer, according to its agent, Affinity Ventures.

Fleet management services provider Zonar announced a grant assistance program to help fleets identify, secure, apply for and manage grant funding to enhance the safety, performance and success of their fleets.

Aftermarket parts supplier HDA Truck Pride announced the appointment of Bryan Funke as chief operating officer.

All but a handful of the companies ranked on the 2019 Top 50 Global Freight Carriers list posted higher freight revenues in 2018 than the previous year, as the majority of the world’s largest freight carriers continued to enjoy strong demand in many key markets.

Ongoing trade negotiations among the United States and many of its key global trading partners have ushered in a time of change and uncertainty for many international shippers.

This small country is a big player on the freight scene and is considered one of the most prominent logistics hubs for products entering and exiting the European Union.

U.S. ports and their private sector partners have ramped up their investments in infrastructure improvements, which ultimately should help trucking companies get their drivers in and out of these complexes faster and more efficiently, industry experts said.