When Will Freight Market Conditions Improve?
Stubbornly weak freight market conditions have placed financial strain on 3PLs in recent years with an oversupply of truck capacity driving down rates and squeezing brokers’ margins.
April 12, 2024Daily Briefings from Transport Topics
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Volvo to Build Heavy-Duty Truck Plant in Mexico
Volvo Group will build a heavy-duty truck manufacturing plant in Mexico to complement the Swedish original equipment manufacturer’s production in the U.S.
April 12, 2024Ford Cuts Price of F-150 Lightning Pickup
Ford slashed prices of its electric F-150 Lightning pickup truck by as much as 7.5% as the automaker prepares to resume deliveries this month following a halt this year over a quality issue.
April 11, 2024Spot Market Rebalance Slows Amid Volatile Capacity
The spot market is struggling to rebalance as the rate of carriers exiting has slowed despite sluggish demand.
April 11, 2024US Class 8 Truck Sales Fall Again in March
U.S. Class 8 retail sales continued to decline year-over-year in March, according to data from Wards Intelligence.
April 11, 2024World of Volvo Debuts in OEM’s Hometown
GOTHENBURG, Sweden — Executives from Volvo Trucks and Volvo Cars lifted the veil on the new World of Volvo city center, offering a glimpse of the company's vision for the future.
April 10, 2024Rivian Hosts R2 Event in Illinois at New Production Home
Rivian Automotive was back in Normal, Ill., on April 6 with its second-generation EVs and the promise of more activity at a now-bustling auto plant.
April 9, 2024DTNA Q1 Sales Fall 5% Year-Over-Year as Demand Normalizes
Daimler Truck North America sold 46,220 trucks and buses in the first three months of 2024, a 5% decrease compared with the first quarter of 2023’s total of 48,891.
April 9, 2024Volvo's Alm: Stakeholders Play a Role in Net-Zero Ambitions
GOTHENBURG, Sweden — Volvo Trucks CEO Roger Alm said the company’s goal of achieving 100% net-zero carbon emissions across its value chain by 2040 must benefit all parties involved.
April 9, 2024Nikola Class 8 FCEV Truck Production Nudges Up to 43 in Q1
Nikola Corp. produced 43 and wholesaled 40 Class 8 hydrogen fuel cell electric vehicles in the first quarter of 2024, the truck maker said.
April 8, 2024