Latest News Updates From Connor D. Wolf

U.S. Class 8 retail truck sales hit their fifth consecutive month of year-over-year declines in November, according to data from Omdia Automotive.

U.S. medium-duty truck sales are on track to end 2025 with only one year-over-year increase, that coming in January, according to data from Omdia Automotive.

President Trump's aggressive approach to trade policy, alongside other market disruptions, left trucking looking for clarity on a market recovery, investments and equipment.

Brad Jacobs joined XPO in 2011 and built it into one of North America’s largest transportation companies before spinning off GXO in 2021 and RXO in 2022.

“I’ve had the privilege of working alongside the most talented and dedicated professionals in our industry to deliver for our employees, customers and shareholders,” CEO Robert Sanchez said.

Heightened risk of fraud and theft this holiday season adds to the challenges the trucking industry already is contending with, experts warned.

North American Class 8 truck orders fell from the prior year and sequentially in November despite the month usually being the third strongest of the year.

Sales increased 3.8% to 24,700 units from 23,800 in the 2024 period and 9.3% from 22,600 in September, according to ACT Research data.

National Retail Federation's survey found 202.9 million consumers shopped from Thanksgiving Day through Cyber Monday, up from 197 million shoppers last year.

The Carter Lake, Iowa-based contract carrier cited headwinds hindering the overall transportation sector and the loss of USPS, whose contract accounted for 70% of the company’s revenue.