Class 8 U.S. retail sales in August reached their high point for the year, clearing 23,000 for a 29.7% increase compared with a year earlier, Wards Intelligence reported.
September 14, 2022Breaking News
Class 8 Sales in August Climb to Year’s Best
July Truck Tonnage Posts 5.1% Annual Gain
Truck tonnage in July rose 5.1% year-over-year but slipped 1.1% when measured on a sequential monthly basis, according to American Trucking Associations.
August 23, 2022US Class 8 Retail Sales in July Present Mixed Picture
Class 8 U.S. retail sales in July rose 21.9% higher compared with a year earlier but stalled when measured against the past four months, Wards Intelligence reported. All truck makers but one reported gains.
August 11, 2022Nikola CEO Mark Russell to Retire Jan. 1
Truck manufacturer Nikola Corp. has announced a leadership change that places a 20-year automotive industry veteran at its helm.
August 10, 2022XPO Names Mario Harik to Succeed Brad Jacobs as CEO
XPO Logistics Inc. announced that Mario Harik will succeed Brad Jacobs as CEO of XPO and join the board of directors following XPO’s planned spinoff of its tech-enabled brokerage platform.
August 4, 2022Truck Tonnage in June Soars 7.9% Year-Over-Year
Truck tonnage in June soared 7.9% above the same month last year, American Trucking Associations' For-Hire-Truck Tonnage Index released July 19 showed.
July 19, 2022June Class 8 Sales Highest of the Year
U.S. Class 8 retail sales in June were the highest of the year and improved 12.7% compared with the previous June, Wards Intelligence reported.
July 13, 2022DB Schenker to Acquire USA Truck for $435 Million
USA Truck is being acquired by DB Schenker in a $435 million deal announced June 24.
June 24, 2022Tonnage Jumps 3.7% in May
Truck tonnage jumped 3.7% in May compared with year-ago levels, marking the ninth consecutive year-over-year gain and the largest since April 2021, American Trucking Associations announced.
June 21, 2022US Class 8 Sales in May Climb Past 20,000, Adding to Recent Momentum
U.S. Class 8 retail sales in May rose 13.9% compared with a year earlier to just clear 20,000, Wards Intelligence reported.
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