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Signs of a Slowdown as M&A Activity Nears End of Busy 2022

The trucking industry continued to experience strong acquisition activity this year, but there may be some signs of softening heading into next year.

November 30, 2022

Volvo VNR Electric Trucks Headed to NYC

Volvo Trucks North America announced it will deploy eight Volvo VNR Electric trucks with two Bronx-based community groups as part of a $10 million award through the New York Clean Transportation Prizes program.

November 30, 2022

Penske Adds Freightliner eCascadia Production Models

Penske Truck Leasing announced it took delivery of two battery-electric production model Freightliner eCascadia semi-trucks from Daimler Trucks North America.

November 30, 2022

Cyber Monday Sales on Track to Break Record Despite Inflation

U.S. shoppers spent $11.3 billion on Cyber Monday, a robust showing that suggests steep discounts attracted inflation-stung shoppers.

November 29, 2022

Florida Colleges Get Funds to Boost CDL, Technician Jobs

Florida’s governor has awarded more than $3 million to schools for commercial driver licenses and diesel technician programs to create jobs needed to help with regional recovery from Hurricane Ian.
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November 29, 2022

EV Charging Infrastructure Potentially Unprepared for Cyberattacks

Electric vehicle charging stations are vulnerable to a number of different cyberattack scenarios. A Sandia Labs research report described how a review of vulnerabilities helps prioritize grid protections and inform public policymakers.

November 29, 2022

Trucking Stakeholders Express Concerns Over Electronic Identifiers

A proposal by federal regulators to require unique electronic identifiers on large trucks wasn’t well received by many of the nation’s motor carriers and independent truckers.

November 29, 2022

Senate Panel Backs FHWA Nominee Shailen Bhatt

The highway policy committee in the Senate on Nov. 29 easily approved the nomination of Shailen Bhatt to manage the Federal Highway Administration.

November 29, 2022

Kroger, Albertsons CEOs Face Senate Questions Over Merger

Senators pressed the CEOs of Kroger Co. and Albertsons Cos. on Nov. 29 about whether their proposed $24.6 billion deal to create a supermarket giant will benefit consumers in an era of rising inflation.

November 30, 2022

Shipping Prices Fall in Inventory Glut, Upping Broker Deals

U.S. trucking is entering a tumultuous period that will likely reshape the $875 billion industry. Shipping rates that spiked during disruptions caused by the pandemic have plummeted as inventory gluts across the U.S. lowered demand.

November 28, 2022