������ý

The trucking industry is wrestling with an unclear market trajectory forged through a combination of chaotic geopolitical negotiations and enduring market weakness.

Used Class 8 truck sales, prices and mileage faced downward pressure from uncertain market conditions during May, ACT Research reported.

North American Class 8 truck orders remained below the previous year’s results and also lost ground sequentially during June, according to ACT Research.

The National Motor Freight Traffic Association is moving toward a density-based freight classification system in a major update that is set to go into effect July 19.

NMFTA has released a framework aimed at helping carriers and brokers fight back against the growing and increasingly sophisticated problem of digitally enabled cargo theft.

DHL Supply Chain has signed a long-term contract to advance sustainable battery recycling with Fortum Battery Recycling, the company announced June 25.

The freight market has remained choppy, with demand not demonstrating any clear patterns during the month of May, American Trucking Associations reported June 24.

U.S. port activity softened in May as tariffs weighed on trade, ending months of gains at Los Angeles, Long Beach, Oakland and Seattle-Tacoma.

FedEx reported gains in fourth-quarter revenue and earnings on the heels of a profitability initiative that helped counter market headwinds, but cut its guidance amid trade worries.

“Patrick is a world-class operator with the relevant experience to lead GXO through its next phase of growth,” GXO Board Chairman Brad Jacobs said.