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TFI to Buy Daseke for $1.1 Billion

TFI International Inc., a Canadian carrier that has been growing through acquisitions, announced plans to purchase flatbed specialist Daseke Inc. for $1.1 billion, including debt.

Thomas Black | Bloomberg News
December 22, 2023
Business, Logistics, Breaking News

Truck Tonnage Falls 1.2% in November

Truck tonnage slipped in November as the industry’s freight recession lingers, but conditions are poised to ease heading into next year, American Trucking Associations said Dec. 19.

Dan Ronan | Senior Reporter
December 19, 2023
Government, Business, Technology, Fuel, Breaking News

Nikola Founder Trevor Milton Sentenced to Four Years

Nikola Corp. founder Trevor Milton was ordered to spend four years behind bars for lying to shareholders about the electric truck maker’s progress.

Chris Dolmetsch | Bloomberg News
December 18, 2023
Business, Equipment, Breaking News

Class 8 Sales Fall for Fourth Consecutive Month in November

Class 8 retail truck sales in November fell year-over-year for a fourth consecutive month, Wards Intelligence data showed.

Keiron Greenhalgh | Staff Reporter
December 13, 2023
Business, Logistics, Breaking News

October Truck Tonnage Up Month-to-Month, Down Year-to-Year

Truck tonnage on an annual basis declined for an eighth consecutive month in October but improved slightly on a month-to-month basis, according to American Trucking Associations.

Dan Ronan | Senior Reporter
November 21, 2023
Business, Equipment, Breaking News

Class 8 Sales Drop for Third Straight Month During October

Class 8 retail sales in October declined from the year-ago period for a third consecutive month, Wards Intelligence data showed.

Connor D. Wolf | Staff Reporter
November 13, 2023
Business, Logistics, Breaking News

Tonnage Dips 4.1% in September

Truck tonnage slumped 4.1% in September compared with year-ago levels, the steepest annual drop in nearly three years and an indication that the U.S. freight market remains turbulent.

Dan Ronan | Senior Reporter
October 24, 2023
Business, Equipment, Breaking News

Class 8 Sales Fall in September for Second Consecutive Month

Class 8 retail sales in September fell from the year-ago period for the second straight month, declining 3.2%, Wards Intelligence reported.

Connor D. Wolf | Staff Reporter
October 11, 2023
Business, Logistics, Breaking News

Tonnage Dips 2.3% in August

Truck tonnage in August declined 2.3% compared with year-ago levels but inched up sequentially for the second consecutive month.

Dan Ronan | Senior Reporter
September 19, 2023
Business, Equipment, Breaking News

August Class 8 Sales Down 1%

U.S. Class 8 retail sales in August stayed about the same from the year-ago period but increased from the prior month, Wards Intelligence reported.

Connor D. Wolf | Staff Reporter
September 14, 2023