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Truck rental utilization is a key performance indicator for the fortunes of Ryder’s biggest business unit and for the health of the freight market in general, CEO Robert Sanchez said.

The company is shutting down its European operations simultaneously, and existing employees in Europe will have to reapply for new jobs.

TuSimple co-founder and former CEO Xiaodi Hou, who claims to be the company’s largest shareholder, is also seeking judicial aid in an increasingly bitter spat with former colleague Mo Chen.

A private equity vehicle led by Roadrunner Freight CEO Chris Jamroz bought a majority ownership stake in the less-than-truckload carrier from Elliott Investment Management.

Samsara is teaming up with Northland Insurance to offer the latter’s customers a discount on their premiums or subsidies for investments, the in-cab technology provider said.

Trailer telematics specialist FleetPulse is set to become available for Canadian fleets, the company said Nov. 20.

Nebraska's attorney general filed an antitrust suit against four major original equipment manufacturers, alleging they colluded  to eliminate choice and raise truck prices.

Volvo Trucks North America President Peter Voorhoeve says the lessons he learned in customer service when he joined the company more than a quarter century ago remain with him today. 

The first facility with a rooftop solar installation, in Illinois, is now operational. Solar panels installed there are expected to generate roughly 80% of the building’s energy needs.

Hexagon Agility opened an assembly and installation plant in Rialto, Calif., on Nov. 21, a move designed to double the natural gas fuel system supplier’s production capacity, it said.