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Trucking Grapples With Evolving Cargo Theft Risks in Q3

Trucking continued to deal with a high number of cargo thefts during the third quarter as criminals take advantage of the tighter economy.

November 16, 2023

October Medium-Duty Sales Post First Decline Since March

U.S. retail sales for medium-duty trucks declined 4.2% year-over-year in October, ending six consecutive months of year-over-year increases, according to data from Wards Intelligence.

November 15, 2023

Third-Quarter Loss Widens for Truck Maker Hyzon

Third-quarter losses at Hyzon Motors Inc. increased to $41 million from $25 million in the year-ago period as the Class 8 hydrogen FCEV manufacturer eyes the start of serial production.

November 14, 2023

UAW, Mack Trucks Ratify New Collective Bargaining Agreement

Mack Trucks on Nov. 15 announced that members of the United Auto Workers union ratified a new five-year collective bargaining agreement with the company, covering about 3,900 employees.

November 14, 2023

Iowa Extends Agricultural Transport Proclamation

Iowa Gov. Kim Reynolds extended again the state’s annual harvest proclamation through Dec. 11 enabling overweight load limits on the transportation of grain, fertilizer and manure.

November 14, 2023

Class 8 Sales Drop for Third Straight Month During October

Class 8 retail sales in October declined from the year-ago period for a third consecutive month, Wards Intelligence data showed.

November 13, 2023

Tesla Facing Strikes in Sweden Over Collective Bargaining

Pressure is growing on Tesla in Sweden, where a trade union is demanding that the Texas-based automaker sign a collective bargaining agreement, which most employees in the country have.

November 13, 2023

Goodyear Q3 Tire Sales Fall on Commercial Trucking Weakness

Goodyear posted a loss in the third quarter on the back of weak conditions in its truck business, a fire at a Polish factory and an ongoing reorganization, the tire maker said.

November 13, 2023

Westport, Volvo Fuel System to Ink JV Agreements by January

Westport Fuel Systems expects definitive agreements for its high-pressure gas-injection fuel system joint venture with Volvo Group to be signed by the end of January, executives said.

November 13, 2023