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The memorandum of understanding sends a signal to the freight market that utilities are allies, Aravind Kailas told TT. “We can present a united front,” he said.

Overall, sales of Classes 4-7 trucks fell 9.4% year on year in September. Four out of the nine months in 2024 have seen a year-over-year decrease.

Profit at J.B. Hunt Transport Services fell in the third quarter of 2024 but outperformed analyst expectations as intermodal volume rose year over year.

Freightliner launched a fifth-generation Cascadia on Oct. 15 after publicly showcasing it for the first time at American Trucking Associations’ Management Conference & Exhibition.

U.S. Class 8 truck retail sales fell year over year in September for a second consecutive month and the eighth month out of nine so far in 2024. However, sales rose on a month-on-month basis.

Sales at International soared in the most recent quarter after the truck and bus maker was able to clear a large part of a backlog of vehicles missing their mirrors.

Forecasts for trucking’s main fuel, which alongside heating oil is part of the distillate portion of the crude barrel, softened over the past month even as retail prices edged higher.

San Francisco-based Verne plans to offer truck makers the option of cryo-compressed hydrogen storage to achieve the same range as a diesel tractor.

River Horse Logistics will buy third-party logistics provider Lynx Logistics for an undisclosed sum, the companies said.

Hub Group will team up with Mexico City-based Easo in a cross-border and intermodal joint venture, the companies said Oct. 8.