Fleet Equipment News

Demand for trucks did not improve as 2025 progressed and what carrier executives have characterized as the longest North American freight market downturn in a half-century continued.

New CFO Balaji Krishnamurthy has been with Uber for more than six years and is currently vice president of strategic finance and investor relations. Uber has agreed to purchase fleets of robotaxis.

Supply continues to expand at a record pace, with a projected 36% surge in new vessel capacity from 2023 to 2027. On the flip side, demand for container shipping is expected to contract 1.1% in 2026.

Bankers are working on debt packages of around 2.5 billion euros to back a potential acquisition of Continental's industrial ContiTech unit, as a highly anticipated sales process kicks off.

EPA Administrator Lee Zeldin is asking major diesel engine OEMs to provide critical data about diesel exhaust fluid system failures to remedy equipment problems for truckers and farmers.

Hyundai Translead tapped Hendrickson Fleet Solutions as its commercial vehicle dealer for New York and New Jersey, expanding regional access to the Hyundai Xcient Fuel Cell Class 8 truck.

This could be Toyota Industries' last fiscal year as a publicly listed company as it is the subject of a take-private proposal from the Toyota group.

Vehicles including Tesla’s Model Y and Model 3, BMW’s iX3, and other models by many Chinese brands feature retractable car door handles that could be subject to the new rules.

A bill is moving through both legislative chambers in Florida that would allow impoundment of a commercial vehicle with a $50,000 fine if the owner has an undocumented driver operating it.

The strength in demand reflected a decline in a measure of customer inventories, which contracted by the most since mid-2022. Lean customer stockpiles could boost factory orders and production.