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BusinessEquipment

Used Truck Sales in December Drop 7% From Prior Year

Used Class 8 truck sales in December declined by 7.1% from the same period the prior year, ACT Research reported.

February 1, 2024
BusinessLogisticsFor-Hire

Landstar Reports 28% Revenue Decline for Q4

Landstar System Inc. posted declines in net income and revenue during the fourth quarter of 2023, the company reported Jan. 31.

February 1, 2024
GovernmentSafetyTCA

Federal Funding to Help I-4 Truckers Find Place to Rest

Long-distance truckers will soon find it easier to park their big rigs off Interstate 4, thanks to $180 million in federal funding dedicated truck parking spots along the thoroughfare.

February 1, 2024
BusinessLogistics

LTL Carrier Roadrunner Announces Service Expansion

Less-than truckload carrier Roadrunner on Jan. 31 announced a significant expansion of its network with plans to add new lanes.

February 1, 2024
BusinessTechnologyEquipmentFuel

ClearFlame Eyes Jump in Ethanol-Powered Truck Use After Sale

ClearFlame Engine Technologies expects to deploy as many as 30 of its ethanol-fueled Class 8 trucks through the end of 2024, CEO BJ Johnson told Transport Topics.

February 1, 2024
GovernmentBusinessEquipment

US Factory Gauge Climbs to Highest Since 2022

A measure of U.S. factory activity climbed to a 15-month high in January, fueled by the strongest orders growth since May 2022 and suggesting manufacturing is starting to stabilize.

February 1, 2024
BusinessTechnologyEquipmentSafetyLogistics

Trucking Engaged in Tech Arms Race Against Cargo Criminals

The trucking industry has become embroiled in a technological arms race as the threat of cargo thefts rapidly rises and evolves.

February 1, 2024
BusinessLogisticsFor-Hire

Ryder to Acquire Cardinal Logistics

Ryder System Inc. is acquiring Cardinal Logistics in a deal that will add 2,900 power units, 3,400 drivers and 200 operating locations to its existing network.

February 1, 2024
BusinessLogistics

China Overtakes Japan as Top Auto Exporter in 2023

TOKYO — Data from a Japanese auto industry association shows that China overtook Japan as the world’s largest vehicle exporter last year.

February 1, 2024
GovernmentBusinessLogistics

$2 Million Michigan Grant Helps Fifth Wheel Freight Expand

Michigan Gov. Gretchen Whitmer recently touted a $2 million grant to Fifth Wheel Freight as an example of economic development funds strengthening the state’s supply chain network.

January 31, 2024