Robin Hutcheson will step down as leader of the Federal Motor Carrier Safety Administration on Jan. 26, the agency said Jan. 19.
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Class 8 Sales Fall for Fifth Consecutive Month in December
Class 8 retail truck sales in December fell year-over-year for a fifth consecutive month, Wards Intelligence data showed, but full-year 2023 sales ended 4.9% higher compared with 2022.
January 12, 2024TFI to Buy Daseke for $1.1 Billion
TFI International Inc., a Canadian carrier that has been growing through acquisitions, announced plans to purchase flatbed specialist Daseke Inc. for $1.1 billion, including debt.
December 22, 2023Truck Tonnage Falls 1.2% in November
Truck tonnage slipped in November as the industry’s freight recession lingers, but conditions are poised to ease heading into next year, American Trucking Associations said Dec. 19.
December 19, 2023Nikola Founder Trevor Milton Sentenced to Four Years
Nikola Corp. founder Trevor Milton was ordered to spend four years behind bars for lying to shareholders about the electric truck maker’s progress.
December 18, 2023Class 8 Sales Fall for Fourth Consecutive Month in November
Class 8 retail truck sales in November fell year-over-year for a fourth consecutive month, Wards Intelligence data showed.
December 13, 2023October Truck Tonnage Up Month-to-Month, Down Year-to-Year
Truck tonnage on an annual basis declined for an eighth consecutive month in October but improved slightly on a month-to-month basis, according to American Trucking Associations.
November 21, 2023Class 8 Sales Drop for Third Straight Month During October
Class 8 retail sales in October declined from the year-ago period for a third consecutive month, Wards Intelligence data showed.
November 13, 2023Tonnage Dips 4.1% in September
Truck tonnage slumped 4.1% in September compared with year-ago levels, the steepest annual drop in nearly three years and an indication that the U.S. freight market remains turbulent.
October 24, 2023Class 8 Sales Fall in September for Second Consecutive Month
Class 8 retail sales in September fell from the year-ago period for the second straight month, declining 3.2%, Wards Intelligence reported.
October 11, 2023