North American Class 8 truck orders continued to trend below the year-ago period in August, according to ACT Research. Preliminary data showed orders fell 16% to 16,400 units, but were up from July.Â
September 10, 2024Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Class 8 Truck Orders Drop 16% Year Over Year in August
Maine’s Coburn Gore Border Port Set for $85M Expansion
Construction is scheduled to begin in the fall of 2026 to update the Coburn Gore land port of entry.
September 10, 2024US Oil Demand to Plateau This Year, EIA Says
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September 10, 2024VW Scraps German Jobs Guarantee to Cut Costs
Volkswagen is ending job protections for auto workers in Germany as part of its cost-cutting push, setting up a showdown with unions.
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UPS is acquiring a German firm that specializes in temperature-sensitive shipping to expand its health care logistics capabilities in Europe, the company announced Sept. 10.
September 10, 2024UPS to Lay Off More Employees to Boost Profitability
UPS Inc. is laying off more of its employees, after earlier this year announcing it was cutting 12,000 jobs in its management ranks.
September 10, 2024Most Households Accept East Palestine Derailment Settlement
Very few people who live near the East Palestine, Ohio, train derailment opted out of a $600 million class action settlement.
September 10, 2024World’s Top Oil Traders See Boom Years Fade
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September 10, 2024MSC CEO Soren Toft Rules Out New Shipping Alliance
MSC Mediterranean Shipping Co. plans to brave volatile shipping markets on its own, ruling out a new alliance just months before its partnership with A.P. Moller-Maersk A/S ends.
September 10, 2024Jury Issues $462 Million Verdict Against Wabash After Crash
Wabash National Corp. said it is reviewing its legal options after a jury handed down $462 million in damages against the trailer manufacturer after a fatal crash.
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