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Used trucks and trailers owned by bankrupt Yellow Corp. are set to come up for auction in unprecedented numbers, but the market can handle it, say observers.

Navistar’s International SuperTruck II achieved a 60% reduction in weight compared with the baseline model due to a composite cab and trailer box, TPI Composites said.

Analysts are expecting more players to take part in an upcoming auction for the 169 terminals owned by Yellow Corp. beyond those who already have raised their hands.

A unit of H.I.G. Capital is to acquire third-party logistics provider Ascent Global Logistics for an undisclosed sum, the Miami-based private equity group said Aug. 22.

Volvo Trucks North America launched a program Aug. 22 it believes will smooth fleet owners’ road to the installation of electric truck charging infrastructure.

The national average diesel price showed a modest gain after four straight weeks of accelerated increases, going up 1.1 cents to reach $4.389 a gallon.

Truck manufacturer Peterbilt has started offering Hendrickson Truck Commercial Vehicle Systems’ Primaax EX severe-duty vocational air suspension system as an option, Woodridge, Ill.-based Hendrickson said.

Confidence in the prospects for the equipment finance market rose in August, with fewer leaders expecting weaker conditions, according to the Equipment Leasing & Finance Foundation.

Mexican truck parts and trailer specialist Fultra bought trailer manufacturer East Manufacturing, the companies said.

Estes Express Lines is in line to buy the terminals of bankrupt less-than-truckload rival Yellow Corp. after submitting a $1.3 billion bid, a court heard Aug. 17.