Equipment

Forward Air Corp. will now offer less-than-truckload services in Savannah, Ga., the company announced July 13.

U.S. Class 8 retail sales in June fell 43.5% year-over-year to just above 13,000, WardsAuto.com reported.

Daimler AG will need to cut more jobs than the 15,000 previously announced, the company’s head of human resources told German news agency DPA in an interview.

Volkswagen AG’s series of executive shakeups is reaching its commercial-vehicle operations, with the surprise departure of Traton SE’s chief and other managers highlighting friction over restructuring plans that were jolted by the COVID-19 pandemic.

The Greenbrier Companies Chairman and CEO Bill Furman has agreed to continue in his position for up to two more years as a result of the coronavirus pandemic.

Dana Inc. announced new drive technologies for material-handling vehicles, including a low-voltage, high-efficiency motor for electric-powered applications.

North American Class 8 orders in June approached replacement levels and reached the second-highest volume of the year.

The year-over-year average price of a used Class 8 vehicle fell for the 13th consecutive month in May. Sales at retail outlets held up, while inventories headed down because there was no deluge of equipment flooding the market as a casualty of the COVID-19 pandemic, ACT Research reported.

Despite facing business challenges and economic uncertainty, some trucking companies have continued to move forward with technology investments during the COVID-19 outbreak.

Though cargo theft is a year-round problem for trucking, it is more of a concern around the July Fourth holiday, according to a report by CargoNet.