New registrations for Class 8 trucks are set to total 249,836 this year, according to S&P Global Mobility, a jump of 12% compared with its expectations at the start of the year.
July 10, 2023Trucking 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.
Forecast Upped for Class 8 Registrations as Fears Ease
REPLAY: SPARK - Maintenance Learning Sessions
As today's fleets strive to meet operational efficiency and sustainability goals, what does that mean for the future of the internal combustion engine? Are alternative fuels or electric vehicles the logical next step? Who is engineering these advances and which will be the right choice for your fleet? Discover the potential energy in new ideas that will drive you forward.Â
July 10, 2023Toyota, Stellantis Blast Biden’s Plan to Boost EV Sales
Stellantis NV and Toyota blasted a Biden administration plan to ease auto pollution, saying it would compel unrealistic sales of electric vehicles that strain critical mineral supplies.
July 10, 2023Trucking Enters Late Down Cycle
The trucking industry has entered the late stages of the freight cycle downturn, but positive destocking trends have helped balance low demand. Â
July 10, 2023Nikola’s Latest Bid to Secure Funds to Advance FCEV Fails
Nikola’s latest bid to issue more shares and secure the funds needed to advance its Class 8 hydrogen fuel cell truck ambitions failed, it said July 6.
July 10, 2023Produce Season Fails to Boost Struggling Freight Market
The produce season did little to boost the slowdown in freight demand, as would be expected with normal seasonality.
July 10, 2023Analysts: Walkout at UPS Would Have Deep Impact on Economy
A strike by UPS workers if a new labor agreement isn’t reached with the Teamsters would hold significant implications across the supply chain, industry analysts said.
July 10, 2023DHL Express Opens Atlanta Cargo Facility
DHL Express on July 6 opened an $84.5 million, 100,000-square-foot hub at Atlanta’s Hartsfield-Jackson International Airport.
July 10, 2023Michigan Lawmaker Proposes Bill to Limit EPA Emission Rules
U.S. Rep. Tim Walberg (R-Mich.) has introduced a bill that would bar the EPA from finalizing strong new emission standards that would push the auto industry toward EVs.
July 10, 2023Louisiana Trucker Damien Hebert Driven by Details
Louisiana’s Damien Hebert, last year’s national winner in the twin trailers division, is passionate about details, and he proves it at truck driving championships.
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