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The post-pandemic trend toward nearshoring of trade is on course to finish the year strong despite an earlier slowdown in broader trade activity.

North American Class 8 truck orders for November rebounded from three months of year-over-year declines, according to ACT Research.

Uber Freight announced a deal that aligns it with Torc Robitics, and separately outlined how it is delving into where artificial intelligence might support its services in the years ahead.

Used Class 8 truck sales in October increased 7% year-over-year to 21,500 units from 20,100 units, ACT Research reported.

Thanksgiving weekend shoppers surpassed their record turnout from last year, marking a strong unofficial start to the holiday season, according to the National Retail Federation. 

Trucking continued to deal with a high number of cargo thefts during the third quarter as criminals take advantage of the tighter economy.

U.S. retail sales for medium-duty trucks declined 4.2% year-over-year in October, ending six consecutive months of year-over-year increases, according to data from Wards Intelligence.

Class 8 retail sales in October declined from the year-ago period for a third consecutive month, Wards Intelligence data showed.

After a drop in merger and acquisition activity, analysts believe the market has turned a corner. Driven by uncertain economic conditions earlier this year, M&A has now started a rebound.

Forward Air has filed a counterclaim against Omni Logistics in response to a lawsuit Omni filed alleging that Forward has not followed through on a planned merger between the companies.