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The strategy is one leg of a more wide-ranging plan to raise the logistics giant’s revenue by 50% by 2030 by focusing on fast-growing and high-margin niche markets.

Medium-duty truck sales also increased 26% sequentially from the 15,824 units reported in February. But notably, the results were dragged down by a lack of activity in Class 4.

The Canadian government said it will allow automakers to import a number of U.S.-made cars and trucks without tariffs, as long as the companies keep manufacturing vehicles in Canada.

Caterpillar Inc. said Joe Creed, a 28-year veteran of the U.S. machinery manufacturer, will be its next CEO.

Lowe’s has agreed to buy an interior services provider for around $1.3 billion, the retailer’s latest effort to expand its footprint with professional contractors amid a soft housing market.

There was a time when preventive maintenance on trailers was perforned every three months. Then it stretched to four months, and now it’s at six. Connected technology is a big reason why.

President Donald Trump said he is exploring possible exemptions to his tariffs on imported vehicles and parts to give auto companies more time to set up U.S. manufacturing.

The introduction of tariffs and uncertainty around potential changes to emission regulations are crimping fleet managers’ willingness to commit to equipment outlay.

An investigation into container chassis imports from Vietnam found they did not circumvent a 2022 Canadian International Trade Tribunal finding, according to a preliminary assessment.