February Used Class 8 Sales Down 20% Year-Over-Year
Used Class 8 truck sales in February decreased 19.6% year-over-year to 17,600 units from 21,900 units, ACT Research reported.
How Government Incentives Drive Electric Truck Adoption
President Joe Biden has made proliferation of electric vehicles a focus of his administration, with the commercial transportation industry playing a key role.
Electric Truck Market Considers Infrastructure Reality
Electric truck market growth is poised to accelerate even as infrastructure constraints hinder that trajectory, according to experts.
RXO Opens New Cross-Border Facility in Texas
RXO celebrated the grand opening of its newest cross-border facility in Laredo, Texas, the company announced March 29.
February Trailer Orders Down 2.6% Year-Over-Year
U.S. trailer orders fell just shy of 26,000 units in February, falling short of the year-ago total, ACT Research reported.
Forward Air, Kodiak Partner on Autonomous Route
Forward Air Corp. has partnered with self-driving trucking company Kodiak Robotics to run one of their busiest freight lanes near continuously with an autonomous truck.
Knight-Swift Agrees to Acquire U.S. Xpress
Knight-Swift Transportation Holdings has reached an agreement to acquire U.S. Xpress for approximately $808 million, the companies announced March 21.
February Medium-Duty Sales Post 3.4% Decline
U.S. retail sales for medium-duty trucks declined 3.4% in February compared with year-ago levels, according to data from Wards Intelligence.
February Class 8 Sales Up 35% to 20,136
U.S. Class 8 retail sales in February jumped 35% from a year ago, and notched a slight increase from the prior month, Wards Intelligence reported.
Class 8 Orders Rebound in February
North American Class 8 orders in February hit 23,600 units, ending a month-to-month decline that started in October, ACT Research reported.