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An affiliate of Ken Griffin’s Citadel has acquired roughly $485 million in Yellow Corp. debt previously owned by Apollo Global Management and other lenders to the bankrupt trucking firm.

Daimler Truck AG CEO Martin Daum will temporarily assume the role of chief financial officer at the original equipment manufacturer, the company said Aug. 14.

All the Class 8 Tre battery-electric trucks Nikola Motor sold or sent to potential customers for testing are being recalled, the company said.

Yellow Corp. continues to work with potential financiers, including Estes Express Lines, who are offering more affordable alternative bankruptcy financing for the LTL trucking company.

Sales at SAF-Holland jumped in the second quarter of 2023 on the back of North American trailer and truck markets plus increasing demand for disc-braked axle systems for trailers.

U.S. Class 8 retail sales in July increased 2.5% from a year ago but were down from the prior month, Wards Intelligence reported.

For Mindy Rathjens, everything clicked once she got behind the wheel at the Iowa Truck Driving Championships. The 3-axle winner and state grand champion now sets her sights on nationals.

The first testing of natural gas-fueled European Volvo Group Class 8 trucks on North American roads is set to begin by the end of September, and more imports could be on the way.

It could be déjà vu all over again for FedEx Freight driver Ronald Metternick — Michigan's 4-axle champion — at the National Truck Driving Championships.