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“The acquisition of H&E accelerates Herc’s proven strategy and strengthens our position as a premier rental company in North America,” said Herc CEO Larry Silber.

“As opportunities arose … I was there to help and solve problems, and that led to where I am today,” Ryan Kraft said. He replaces Mark Anderson as United Road CEO.

Tariffs introduced by the Trump administration, and the consequent aversion to risk, are a major reason why there is no clear trajectory for recovery, the study’s authors warned.

Site visits are set to start for potential buyers of Nikola’s remaining assets in the coming days, said Vince Lorenz, Nations Capital director of fleet and valuations.

JoyRide Logistics is setting about building partnerships in its bid to convince shippers to transition from a wholly diesel fleet to zero emissions.   

The truck maker will make powertrains with the Paccar TX-12 PRO automated transmission and Paccar MX-13 engine combination available to T680, T880 and W990 customers.

Penske Truck Leasing believes it has some of the answers to fleet management optimization with the latest upgrades to its Catalyst AI platform.

The assessment confirmed an April 9 preliminary ruling by the CBSA, which took into account comments and responses submitted by the main parties.

Uncertainty continues to cloud the retail sales and orders outlook for truck makers for the rest of 2025, according to observers.

Multiple adverse factors contributed to a much rougher three months for truck manufacturers in the first quarter of 2025 than was expected at the turn of the calendar year.