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Class 8 U.S. retail sales in February dropped 22.1% to 15,460 compared with a year earlier, WardsAuto. com reported.

Class 8 U.S. retail sales in January dropped below 16,000 for the first time since January 2018, WardsAuto .com reported, as a cautious industry waited to see what changes in the freight environment.

Navistar International Corp. said it has received an unsolicited buyout offer from its European truck partner Traton SE — which is owned by Germany’s Volkswagen AG — in a $35 per share cash offer.

The so-called Entry Level Driver Training rule — originally set to go into effect Feb. 7 — is delayed until Feb. 7, 2022, the Federal Motor Carrier Safety Administration announced Jan. 29 in an interim final rule.

Truck tonnage for 2019 increased 3.3%, softer than year-ago levels but continuing a streak of annual gains, American Trucking Associations announced Jan. 21.

A federal judge in San Diego on Jan. 16 issued a preliminary injunction against the trucking component of a California law that would restrict how independent workers can be classified by companies. The judge’s ruling means the state of California cannot implement the law as it pertains to the trucking industry.

XPO Logistics Inc. announced Jan. 15 that its board of directors has authorized the possible sale or spinoff of one or more of its business units.

U.S. Class 8 retail sales in December dropped 11.4% compared with a year earlier, but the full year posted the highest annual sales since 2006, WardsAuto .com reported.

Truck tonnage fell 2.1% in November compared with year-ago levels, the first year-over-year decline since April 2017, according to American Trucking Associations’ For-Hire Truck Tonnage Index.