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High-Tech Recruiting Battles

Professional drivers are any trucking company’s greatest asset. That’s true regardless of market conditions, but it becomes especially clear when the recruiting pipeline begins to run dry.

March 4, 2022

February Class 8 Orders Mirror Weak Production Levels

Preliminary North American Class 8 orders in February came in at 21,000, or essentially even with January’s volume, but were less than half of what fleets ordered a year earlier, ACT Research reported, citing truck makers’ initial data.

March 3, 2022

Navistar Unveils EV-Related Next Experience Trailer

Navistar Inc. announced it unveiled its Next Experience Trailer to provide industry stakeholders the opportunity to learn more about the process and benefits of electric vehicle adoption.

March 2, 2022

Amazon Closing All Bookstores, Shops to Focus on Grocery Sector

Amazon .com Inc. is closing all of its physical bookstores, “Amazon 4-Star” locations and mall pop-up kiosks as the world’s largest online retailer narrows its brick-and-mortar push to the grocery sector.

March 2, 2022

New Battle Emerges Between Rail Giants CN, CP Over KCS

A wrinkle has emerged in the yearlong, multibillion-dollar battle between rival railroad giants Canadian National Railway and Canadian Pacific Railway Ltd. over which of the Class I railroads will own and operate the smaller, but strategically important, freight carrier Kansas City Southern.

March 2, 2022

NextGen EkoStinger Fairing Boosts Fuel Savings in Test

Mesilla Valley Transportation Solutions announced that the NextGen EkoStinger, an aerodynamic fairing for Class 8 tractor-trailers, boosted fuel mileage.

March 2, 2022

Ford Reorganizes to Run EV, Engine Businesses Separately

Ford Motor Co. will separate its fast-growing electric vehicle operations from its legacy combustion engine business in a historic reorganization of the 118-year-old company.

March 2, 2022

January Class 8 Retail Prices for Used Trucks Soar to New High

January’s average retail sales price for a used Class 8 truck burst past $88,000 to set a new monthly record and post an 83.2% gain compared with a year earlier, ACT Research reported.

March 1, 2022

Lucid Sinks After Cutting Production Goal on Commodity Woes

Lucid Group Inc. slumped after lowering its production target for this year to between 12,000 and 14,000 cars, down from a previous goal of 20,000, citing “extraordinary” challenges with logistics and its supply chain.

March 1, 2022

Biden Takes on Ocean Shipping as FMC Sees Market Setting Rates

President Joe Biden is taking on the concentrated market power of ocean shipping companies, although officials at the agency overseeing the industry indicated they lack both the jurisdiction and, for now, any evidence of wrongdoing.

March 1, 2022