Sales of used Class 8 trucks dropped amid ongoing tight inventory in February and high demand as the average truck’s price climbed above $48,000, ACT Research Co. reported.

ZF Friedrichshafen AG, a global supplier of mobility systems for commercial vehicles, passenger cars and industrial technology, announced it has entered into a definitive agreement to acquire Wabco Holdings Inc. for $7.1 billion, or $136.50 per share.

The U.S. retail diesel average rose 1 cent to $3.08 a gallon, the Department of Energy reported, as the price of crude oil slipped just below $59 per barrel amid concern over a possible slowdown in the U.S. economy.

U.S. trailer orders keep on coming and hit the mid-20,000s in February, contending for positions in an already lengthy backlog, analysts reported.

ATLANTA — Wabash National Corp. is diversifying from the dry van business, a recent Investors Day presentation made clear. But at the same time, the company’s commercial trailer products segment is gaining dealers and pushing ahead with new designs.

ATLANTA — The Lion Electric Co. wants to demystify electric commercial vehicles for its customers.

ATLANTA — Aperia Technologies Inc. announced the rollout of Halo Connect, a connectivity platform that marks a shift to predictive tire maintenance.

ATLANTA — Dana Inc. unveiled a range of products intended to manage changes in commercial vehicles as trucks tackle emissions reductions.

ATLANTA — Upcoming regulations are expected to call for reducing simultaneously carbon dioxide and nitrogen-oxide emissions — prompting new engine components and processes, including hybrid-electric powertrains, an executive with Eaton Vehicle Group said.