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A St. Louis court has drastically reduced a $462 million jury verdict issued against trailer manufacturer Wabash in connection with a 2019 fatal accident.

Trailer manufacturer Wabash intends to expand the size of its trailers-as-a-service fleet by as much as a factor of four by the end of 2025, an executive told Transport Topics.

When a jury issued a $462 million judgment against Wabash National Corp. last fall, many fleet maintenance managers were concerned.

Profits at trailer manufacturer Wabash jumped year-over-year in the three months ending March 31 as sales and margins rose while order backlog soared.

Wabash announced two long-term agreements, one with a carrier to create an extended backlog and one with a supplier to enhance supply surety.

U.S. trailer orders in October jumped 82% from the prior month to reach 46,750 units, ACT Research reported Nov. 16.

Wabash reported record quarterly revenue and earnings per share as net income in the third quarter more than tripled and its backlog rose to an all-time Q3 high of $2.3 billion.

Trailer maker Wabash announced a sub-brand product portfolio called Acutherm, a proprietary system of components, products and solutions.

Wabash announced it added two large dealers to its North American dealer network: Bergey’s Truck Centers and Allegiance Trucks.

Trailer maker Wabash in Q2 reported record quarterly revenue, net income nearly doubled, and it opened its 2023 order book — making it among the first in the industry to do so.