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The trucking acquisition market is looking to enter a more active year with market conditions likely to drive buyers and sellers to the table in 2024, according to the Tenney Group.

J.B. Hunt Transport Services Inc. reported a decline in fourth-quarter earnings as a result of weaker performance across its segments and rising insurance costs, the company reported Jan. 18. 

American Trucking Associations on Jan. 16 unveiled the 24 professional truck drivers who were selected to be part of the 2024-25 America’s Road Team.

U.S. trailer orders continued to improve sequentially despite falling well below their year-ago numbers in December, according to ACT Research.

North American Class 8 truck orders for December fell from the 2022 period and a short-lived rebound the previous month, according to ACT Research.

LAS VEGAS — Bosch has gone all-in on hydrogen, seeing it as a key pathway to making trucking more sustainable, executives at the company explained Jan. 8 during CES 2024.

A militant group that is attacking container vessels along the Suez Canal in Egypt is causing shipment disruptions that threaten to inflict downstream effects on the U.S. trucking sector.

LAS VEGAS — Nikola Corp. showcased the range and maneuverability of its hydrogen fuel cell electric truck Jan. 7 during a test ride at CES 2024.

Experts are having a difficult time predicting the demand for professional truck drivers this year, saying it ultimately will hinge on an anticipated freight market turnaround. 

The demand for professional truck drivers continued to show signs of activity this year despite an overall slowdown in the freight market.