Shareholders of heavy equipment auctioneer Ritchie Bros. approved the company’s plan to acquire vehicle-seller IAA Inc., ending a battle to block the $6 billion deal.
March 14, 2023Search
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VW Increases Investments in EV, Software Technologies
Volkswagen AG is increasing investments in software and EVs to close the gap to Tesla and halt a decline in China just as the threat of a demand slowdown hangs over the automotive market.
March 14, 2023Tackling AI Fleet Management
New artificial intelÂligence capabilities promising automated, 24/7 monitoring of trucking fleets and vehicle maintenance are getting a mixed reaction from trucking leaders.
March 17, 2023Broader Horizons for Autonomous Trucks
Self-driving truck developers are pursuing several different concepts for how and where their technology could fit into real-Âworld freight operations in the coming years.
March 17, 2023February Class 8 Sales Up 35% to 20,136
U.S. Class 8 retail sales in February jumped 35% from a year ago, and notched a slight increase from the prior month, Wards Intelligence reported.
March 10, 2023Trinity Industries Adds RSI Logistics to Railway Portfolio
Trinity Industries has acquired RSI Logistics for $70 million, the company announced March 9.
March 10, 2023Railroads Warned About Car Flaw That Could Cause Derailments
OMAHA, Neb. — U.S. railroads were warned to take certain cars out of service March 9 after Norfolk Southern discovered loose wheels on a car involved in last weekend’s derailment in Ohio.
March 10, 2023Hydrogen, Alternative Fuels Advancing Steadily, Natso Panelists Say
GRAPEVINE, Texas — Like other sectors of the trucking industry, truck stop plazas are learning firsthand the challenges and opportunities they will face as hydrogen, battery-electric and other alternative fuel sources become more widespread.
March 10, 2023Class 8 Orders Rebound in February
North American Class 8 orders in February hit 23,600 units, ending a month-to-month decline that started in October, ACT Research reported.
March 9, 2023Trucking Titans Share M&A Tips
ORLANDO, Fla. — The market for buying and selling trucking companies was a hot topic at a recent industry trade show, so it’s little wonder that a discussion with three leaders who share recent experience on the issue drew a crowd.
March 9, 2023