Breaking News

About Breaking News News...
Business, Equipment, Breaking News

US Class 8 Retail Sales in July Present Mixed Picture

Class 8 U.S. retail sales in July rose 21.9% higher compared with a year earlier but stalled when measured against the past four months, Wards Intelligence reported. All truck makers but one reported gains.

August 11, 2022
Business, Technology, Equipment, Fuel, Breaking News

Nikola CEO Mark Russell to Retire Jan. 1

Truck manufacturer Nikola Corp. has announced a leadership change that places a 20-year automotive industry veteran at its helm.

August 10, 2022
Business, Technology, Logistics, Breaking News, For-Hire

XPO Names Mario Harik to Succeed Brad Jacobs as CEO

XPO Logistics Inc. announced that Mario Harik will succeed Brad Jacobs as CEO of XPO and join the board of directors following XPO’s planned spinoff of its tech-enabled brokerage platform.

August 4, 2022
Business, Logistics, Breaking News

Truck Tonnage in June Soars 7.9% Year-Over-Year

Truck tonnage in June soared 7.9% above the same month last year, American Trucking Associations' For-Hire-Truck Tonnage Index released July 19 showed.

July 19, 2022
Business, Technology, Equipment, Autonomous, Breaking News

June Class 8 Sales Highest of the Year

U.S. Class 8 retail sales in June were the highest of the year and improved 12.7% compared with the previous June, Wards Intelligence reported.

July 13, 2022
Business, Logistics, Breaking News, For-Hire

DB Schenker to Acquire USA Truck for $435 Million

USA Truck is being acquired by DB Schenker in a $435 million deal announced June 24.

June 24, 2022
Government, Business, Logistics, Breaking News

Tonnage Jumps 3.7% in May

Truck tonnage jumped 3.7% in May compared with year-ago levels, marking the ninth consecutive year-over-year gain and the largest since April 2021, American Trucking Associations announced.

June 21, 2022
Business, Equipment, Breaking News

US Class 8 Sales in May Climb Past 20,000, Adding to Recent Momentum

U.S. Class 8 retail sales in May rose 13.9% compared with a year earlier to just clear 20,000, Wards Intelligence reported.

June 10, 2022
Government, Business, Logistics, Breaking News

Tonnage Up 1.8% in April Compared With 2021

Truck tonnage in April increased on an annual basis but declined compared with March, American Trucking Associations reported.

May 26, 2022
Business, Technology, Equipment, Breaking News

Class 8 Sales Flat in April Compared With 2021

U.S. Class 8 retail sales in April were flat compared with a year earlier, coming in at just over 19,000, but continued the  improvement from the lows in the beginning of the year, Wards Intelligence reported.

May 12, 2022