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Ford Cuts Price of F-150 Lightning Pickup

Ford slashed prices of its electric F-150 Lightning pickup truck by as much as 7.5% as the automaker prepares to resume deliveries this month following a halt this year over a quality issue.

April 11, 2024

Spot Market Rebalance Slows Amid Volatile Capacity

The spot market is struggling to rebalance as the rate of carriers exiting has slowed despite sluggish demand.

April 11, 2024

US Class 8 Truck Sales Fall Again in March

U.S. Class 8 retail sales continued to decline year-over-year in March, according to data from Wards Intelligence.

April 11, 2024

Logistics Market Faces Challenges Across Segments in 2023

Across the major logistics market segments, 2023 brought a spate of challenges including compressed margins, rising labor costs and inflationary pressures, ensuring a down year for many.

April 12, 2024

A Year to Forget for Third-Party Logistics Providers

2023 was a generally downtrodden year for 3PLs, with plummeting transportation rates and shippers focused on right-sizing inventories and reducing logistics costs.

April 12, 2024

World of Volvo Debuts in OEM’s °®¶¹´«Ã½town

GOTHENBURG, Sweden — Executives from Volvo Trucks and Volvo Cars lifted the veil on the new World of Volvo city center, offering a glimpse of the company's vision for the future.

April 10, 2024

Rivian Hosts R2 Event in Illinois at New Production °®¶¹´«Ã½

Rivian Automotive was back in Normal, Ill., on April 6 with its second-generation EVs and the promise of more activity at a now-bustling auto plant.

April 9, 2024

Amazon Takes No. 1 Spot on Top 100 Logistics List

A freight market recession, compressed broker margins and major acquisitions in 2023 have markedly altered the landscape of North America’s largest third-party logistics providers.

April 12, 2024

DTNA Q1 Sales Fall 5% Year-Over-Year as Demand Normalizes

Daimler Truck North America sold 46,220 trucks and buses in the first three months of 2024, a 5% decrease compared with the first quarter of 2023’s total of 48,891.

April 9, 2024

When Will Freight Market Conditions Improve?

Stubbornly weak freight market conditions have placed financial strain on 3PLs in recent years with an oversupply of truck capacity driving down rates and squeezing brokers’ margins.

April 12, 2024