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Carriers across the various segments of the trucking industry navigated difficult business conditions in 2024 as freight market conditions remained unfavorable.

U.S. Class 8 retail sales experienced a sequential increase in May despite continuing to trend below the prior year, according to data from Wards Intelligence.

Transportation Secretary Sean Duffy and acting administrator for the Federal Aviation Administration Chris Rocheleau announced a “new road map” for getting air taxis into the sky.

Preliminary net data showed orders increased 6,600 units when compared with last year. This year's monthly results have been split between positive and negative prior-year comparisons.

Applied Intuition expects to use the funds to develop its next phase of vehicle intelligence products and expand the company’s product roster and team.

Bankrupt Class 8 hydrogen fuel cell tractor manufacturer Nikola’s administrators are finalizing plans for the sale of the company's intellectual property.

U.S. medium-duty truck sales fell below prior-year levels again in May, marking the ninth time in 12 months that sales have declined year over year, according to data from Wards Intelligence.

Electric aircraft maker Archer Aviation expects its defense-related sales to outstrip commercial air taxis in the short term.

Truck parts distributor Transaxle with facilities in 11 states is closing after an unsuccessful attempt to sell the company.

Eaton agreed to buy defense and aerospace systems company Ultra Precision Control Systems from private equity firm Advent for $1.55 billion.