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Business, Logistics, Breaking News

Update: Federal Funds to Finance Baltimore Bridge Reconstruction

Secretary Buttigieg revealed the U.S. Department of Transportation is processing a quick release transportation emergency grant to Maryland for the reconstruction of Baltimore’s collapsed Francis Scott Key Bridge, which is causing supply chain disruptions since it was struck by a cargo ship.  

March 28, 2024
Business, Logistics, Breaking News

Tonnage Numbers Mixed for February

Truck tonnage recorded a 12th consecutive decline in February while managing a month-to-month gain, a mixed result for an industry seeking signs of an emergence from its freight recession.

March 19, 2024
Business, Equipment, Breaking News

Class 8 Truck Sales Continue Downward Trend in February

U.S. Class 8 retail sales in February continued a trend of year-over-year declines, according to data from Wards Intelligence.

March 13, 2024
Business, Technology, Equipment, Safety, Autonomous, Breaking News

Navistar Partners With Plus on Hub-to-Hub Autonomous Trucks

Truck maker Navistar Inc. has partnered with Plus, a developer of automated driving technology, to pave the way for hub-to-hub autonomous Class 8 trucks.

March 12, 2024
Business, Logistics, Breaking News

January Tonnage Declines on Annual, Monthly Basis

Truck tonnage started the year on the downslope, decreasing on an annual and sequential basis in January, American Trucking Associations reported.

February 20, 2024
Business, Equipment, Breaking News

Class 8 Truck Sales Down 6.7% in January

Class 8 retail sales kicked off the new year with their sixth consecutive month of year-over-year declines in January, Wards Intelligence data shows.

February 12, 2024
Business, Logistics, Breaking News

Truck Tonnage in December Dips 0.5% Year-Over-Year

Truck tonnage dipped in December, closing out the worst 12 months for freight activity since the pandemic year of 2020, American Trucking Associations reported.

January 23, 2024
Government, Business, Safety, Breaking News

FMCSA Leader Robin Hutcheson Is Leaving Agency

Robin Hutcheson will step down as leader of the Federal Motor Carrier Safety Administration on Jan. 26, the agency said Jan. 19.

January 19, 2024
Business, Equipment, Breaking News

Class 8 Sales Fall for Fifth Consecutive Month in December

Class 8 retail truck sales in December fell year-over-year for a fifth consecutive month, Wards Intelligence data showed, but full-year 2023 sales ended 4.9% higher compared with 2022.

January 12, 2024
Business, Logistics, Breaking News, For-Hire

TFI to Buy Daseke for $1.1 Billion

TFI International Inc., a Canadian carrier that has been growing through acquisitions, announced plans to purchase flatbed specialist Daseke Inc. for $1.1 billion, including debt.

December 22, 2023