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DSV Starts $5.5 Billion Share Sale for DB Schenker Takeover

DSV received commitments from investors for more than half of a $5.5 billion sale of new shares as the Danish freight-forwarding company finances its takeover of DB Schenker.

October 3, 2024

New FMCSA Rule Mandates CDL Downgrades for Drug Violations

The new requirement is intended to make it more difficult for drivers to continue operating after receiving a drug or alcohol violation.

October 3, 2024

Volvo Begins Series Production of VNL Tractor in Virginia

Volvo Trucks North America began series production of its redesigned Class 8 flagship VNL tractor at the 2.3 million-square-foot New River Valley assembly plant in Dublin, Va., it said Oct. 3.

October 3, 2024

The Future of EV Charging Looks a Lot Like an Airport Lounge

Charging an electric vehicle in the future increasingly looks like an experience somewhere between a truck stop and an airport lounge.

October 3, 2024

August Used Truck Sales Show Little Change

Sales rose 1.3% to 22,800 units from 22,500 in August 2023, but the figure was unchanged from July.

October 3, 2024

Nikola Sells 88 Class 8 Hydrogen Fuel Cell Trucks in Q3

“Despite overall market headwinds, Nikola remains focused on our mission to pioneer solutions for a zero-emission world, and we’re doing it one truck at a time,” CEO Steve Girsky said.

October 3, 2024

Biden Urges Dockworkers, USMX to Resume Talks

President Joe Biden ratcheted up pressure on U.S. port employers and shipping lines to restart talks with striking dockworkers, warning that the unfolding strike could turn into a “man-made disaster.”

October 3, 2024

Stellantis CEO Mulls Exiting After Contract Ends in 2026

In his first public comments since Stellantis confirmed it had started searching for his successor, CEO Carlos Tavares signaled he’s open to leaving the automaker just over a year from now.

October 3, 2024

Peterbilt Provides Vocational, Medium-Duty Product Updates

The truck maker detailed recent updates to its vocational and medium-duty truck models Oct. 1 at its Vocational VIP Customer event.

October 3, 2024