March Class 8 Sales Up 21.9% to 24,823
U.S. Class 8 retail sales in March jumped 21.9% from a year ago and also exceeded the prior month, Wards Intelligence reported.
April 19, 2023Marten Transport Posts Mixed Financials for Q1
Marten Transport’s earnings declined despite increased revenue during the first quarter, the company reported April 18.
April 19, 2023March Medium-Duty Sales Post 5.6% Decline
U.S. retail sales for medium-duty trucks fell 5.6% in March compared with the year-ago period, according to data from Wards Intelligence.
April 18, 2023Port of L.A.’s Seroka: No Contingency Plans for Strike
Port of Los Angeles Executive Director Gene Seroka said April 12 that there are no contingency plans if labor negotiations turn into a work stoppage or strike.
April 13, 2023Trucking Leads Growth in Nuclear Verdicts
The trucking industry has seen a spike in nuclear verdict judgments across the economy.
April 12, 2023Shippers Advance 3PL Focus Post-Pandemic
The shipper community continues to increase its use of third-party logistics providers in the aftermath of the pandemic and major technological changes.
April 5, 2023March Class 8 Orders Stumble
North American Class 8 orders in March ended a short-lived recovery by dropping to 19,200 units, ACT Research reported.
April 5, 2023Spot Rate Bottom Unclear Amid Capacity, Demand Mix
Excess capacity in the spot market amid weakening demand has raised uncertainty over whether rates have actually hit bottom.
April 5, 2023Aurora Driver Enters Final Stage of Development Process
Aurora Innovation Inc. has entered the final phase of development for a new version of its integrated hardware and autonomous truck system, the company announced April 3.
April 3, 2023Nikola Announces Secondary Stock Offering
Nikola Corp. plans to raise $100 million from a secondary stock offering to the public at $1.12 per share, the company announced March 30.
March 31, 2023