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United Road CEO Kraft’s Adventure Continues at ϳԹ

“As opportunities arose … I was there to help and solve problems, and that led to where I am today,” Ryan Kraft said. He replaces Mark Anderson as United Road CEO.

June 5, 2025

Used Truck Sales Increase for Second Straight Month in April

Used Class 8 truck sales increased on a year-over-year basis in April, while prices once again declined, with market conditions continuing to be slower, ACT Research reported.

June 5, 2025

Ram Brings Back Hemi V8 Engine in Bid to Reclaim Lost Sales

Ram is putting the Hemi V8 engine back in its light-duty pickup trucks, part of a blitz of changes from brand head Tim Kuniskis to claw back lost share in the hyper-competitive truck market.

June 5, 2025

Ship Carrying EVs Abandoned in Pacific After Catching Fire

A ship carrying more than 3,000 cars to Mexico was abandoned in the middle of the Pacific Ocean after catching fire June 3, highlighting a growing risk to the transportation of electric vehicles.

June 4, 2025

Mercedes, BMW, Others Step Up Response to China Export Curbs

Automakers in the U.S. and Europe raised concerns about China’s export controls on rare earth metals, as Beijing’s move threatens to disrupt global car production.

June 4, 2025

Fleet Margins Set to Shrink Again in 2025, CSCMP Finds

Tariffs introduced by the Trump administration, and the consequent aversion to risk, are a major reason why there is no clear trajectory for recovery, the study’s authors warned.

June 4, 2025

Daimler Truck Financial Services Selects North Carolina HQ

The financial lender for Daimler Truck North America will establish its headquarters in North Carolina with a $7.8 million investment that will add 276 jobs in Charlotte.

June 4, 2025

Trump Signs Order Hiking Steel, Aluminum Tariffs to 50%

President Donald Trump signed a directive June 3 formally raising steel and aluminum tariffs to 50% from 25% starting June 4.

June 3, 2025

Buyers Line Up for Nikola’s Remaining Inventory

Site visits are set to start for potential buyers of Nikola’s remaining assets in the coming days, said Vince Lorenz, Nations Capital director of fleet and valuations.

June 3, 2025