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Class 8 Sales Flat in April Compared With 2021

U.S. Class 8 retail sales in April were flat compared with a year earlier, coming in at just over 19,000, but continued the  improvement from the lows in the beginning of the year, Wards Intelligence reported.

May 12, 2022

March Class 8 Sales Top 20,000

Retail Class 8 sales in March hit the high point for the year and still slipped 7.6% compared with a year earlier, Wards Intelligence reported.

April 13, 2022

Fred Smith Steps Down as FedEx CEO, Remains Executive Chairman

FedEx Corp. founder Fred Smith is stepping down as CEO of the company and transferring the leadership post to Raj Subramaniam, who currently serves as president and COO, the company announced March 28. Smith will remain as executive chairman.

March 28, 2022

Truck Tonnage Up 2.4% Year-Over-Year in February

Truck tonnage in February increased 2.4% compared with the same month a year ago, and American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Index equaled 115.3, the federation announced March 22.

March 22, 2022

February Class 8 Sales Down 2.9%

U.S. Class 8 retail sales in February fell compared with a year earlier, and landed just below 15,000 to put most truck brands in negative territory, Wards Intelligence reported.

March 11, 2022

XPO to Split LTL, Freight Brokerage Businesses

XPO Logistics is creating two new, stand-alone, publicly traded companies in the less-than-truckload and tech-enabled brokered transportation sector, the company announced March 8.

March 9, 2022

EPA Proposes Stronger Pollution Limits on New Trucks

The U.S. Environmental Protection Agency announced a proposed rulemaking to further restrict emissions of soot-forming nitrogen oxides (NOx) by heavy-duty diesel and gasoline engines starting in model year 2027.

March 7, 2022

Truck Tonnage Extends Streak of Gains in January

Truck tonnage in January rose 1.2% when measured against year-ago levels, marking the fifth consecutive month for a year-over-year increase, American Trucking Associations said.

February 22, 2022

Cummins to Buy Parts Manufacturer Meritor for $3.7 Billion

Engine maker Cummins Inc. is acquiring components manufacturer Meritor in a $3.7 billion cash deal announced Feb. 22.

February 22, 2022