Latest News Updates From Connor D. Wolf

Connor D. Wolf

Connor D. Wolf

Staff Reporter

Connor Wolf is a business reporter at Transport Topics.


BusinessEquipmentFor-Hire

January Net Trailer Orders Drop 58% Following Year-End Surge

U.S. trailer orders in January decreased 9% year-over-year to 24,300 from 26,595 a year earlier, reported ACT Research. This comes a month after net trailer orders reached their second-highest level on record at 57,300. Also, orders dropped 58% from near-record results the prior month.

February 23, 2023
BusinessFuel

Market Reacts Positively to BP's TA Acquisition

Industry analysts reacted favorably to the news that TravelCenters of America is being acquired by BP Products North America, noting that each company brings elements to the table that help the proposed combination align.

February 23, 2023
BusinessTechnology

Nikola Earnings Show Revenue Miss, Weak Electric Truck Delivery Forecast

Nikola Corp. posted an earnings loss amid efforts to expand the business during the fourth quarter of 2022, the company reported Feb. 23.

February 23, 2023
BusinessLogistics

Trucking Industry Grapples With Q4 Slowdown

Motor carriers experienced a financial slowdown in the final months of 2022, as trends that indicate a return to normalized levels of business for the year ahead took hold, industry analysts said.

February 23, 2023
BusinessTechnologyAutonomous

Uber Freight Launches First Electric Truck Pilot With WattEV

Uber Freight announced it is partnering with electric mobility company WattEV and shipping specialist CHEP on a pilot program to deploy EVs on select routes in Southern California.

February 22, 2023
BusinessFuelBreaking News

Oil Giant BP Acquires TravelCenters of America

TravelCenters of America is being acquired by BP Products North America in a $1.3 billion deal announced Feb. 16.

February 16, 2023
BusinessEquipmentFuel

Kenworth Celebrates 100 Years in Business

Kenworth Truck Co. kicked off its yearlong celebration marking a century since Harry Kent and Edgar Worthington founded the truck manufacturer on Jan. 26, 1923, in Seattle.

February 15, 2023
BusinessTechnologyEquipment

January Classes 4-7 Retail Sales Surpass Year-Ago Period

U.S. retail sales for medium-duty trucks experienced a 3.8% increase year-over-year in January, according to data from Wards Intelligence.

February 15, 2023
BusinessTechnologyEquipmentBreaking News

Class 8 Truck Sales Reach 19,932 in January

U.S. Class 8 retail sales in January rose 34.2% year-over-year, Wards Intelligence reported.

February 13, 2023
BusinessTop 100

U.S. Xpress Reports Revenue Gain, Earnings Loss for Q4

U.S. Xpress Enterprises increased revenue but earnings fell during the fourth quarter of 2022, the company reported Feb. 9.

February 10, 2023