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News
Used Class 8 truck sales rise in June as inventory stays tight - TT
1+ hour, 50+ min ago (637+ words) Used Class 8 truck sales in June further strengthened in response to freight conditions and inventory constraints. ACT Research said sales increased 10.2% to 24,900 units from 22,600 a year earlier, and 4.6% sequentially from 23,800. Its report highlighted same-dealer used Class 8 retail truck sales bouncing…...
Replacement demand drives Cummins HD truck guidance hike - TT
5+ hour, 45+ min ago (866+ words) Replacement demand funded by the ongoing freight market rebound will continue to be the key factor in driving North America heavy-duty truck demand in the back half of the year, engine maker Cummins’ top executive said. Carriers’ on-highway truck appetite…...
U.S. presses Mexico to mirror its steel tariff wall on China - TT
1+ week, 2+ day ago (486+ words) The U.S. has asked Mexico to mirror Washington’s tariff wall against Chinese steel and aluminum by imposing Section 232-style duties on imports from outside North America, according to four people with direct knowledge of the matter. The goal is to preserve…...
Cabotage enforcement cuts Mexican carriers in border zones - TT
2+ week, 5+ day ago (535+ words) There are 250 fewer Mexican carriers operating in U.S. commercial zones along the southern border as a federal cabotage crackdown has barred hundreds of Mexican truckers from crossing the border. Both Mexican drivers and trucking operators have come under increasing pressure from…...
Small brokers and carriers face pressure after SCOTUS ruling - TT
3+ week, 4+ day ago (868+ words) Smaller freight brokers and motor carriers in particular could face additional pressure following the U.S. Supreme Court’s Montgomery v. Caribe Transport II ruling, which has increased scrutiny on carrier selection and risk management in the transportation industry. Even brokers that have…...
Inside a $10.1M cargo theft ring - TT
1+ mon, 5+ day ago (917+ words) The case of Aivaras Zigmantas, who was sentenced to prison in Illinois, highlights how cargo thieves are using deception at scale to pull off lucrative heists targeting motor carrier freight. The impact is significant: The American Transportation Research Institute estimates…...
Logistics Companies
7+ mon, 6+ day ago (83+ words) Ranking reflects previous year's data. Consumer packaged goods, industrial and manufacturing, food and beverage USA Truck is launching a military apprenticeship initiative designed to ease the transition to civilian life for service members entering transportation. “The Supreme Court’s decision in…...
J.B. Hunt Expects Dedicated Boost From Montgomery Case - TT
1+ mon, 2+ week ago (767+ words) Dedicated carriers can expect a boost from the Montgomery v. Caribe Transport II ruling in May by the Supreme Court, according to a senior executive at J.B. Hunt Transport Services. The ruling came as J.B. Hunt was already expanding its dedicated operations, the…...
Truckload Spot Rates Expected to Stay Elevated Through 2026 - TT
1+ mon, 3+ week ago (1056+ words) Freight rates continue to rise in the truckload sector as seasonal demand intensifies against a backdrop of tightening capacity. The summer peak season is arriving earlier than normal as produce volumes, fuel costs and capacity pressures are converging, according to…...
Einride Joins U.S.-Listed Autonomous Rivals on Nasdaq - TT
1+ mon, 3+ week ago (300+ words) Swedish driverless truck group Einride AB will make its trading debut in New York on June 10 with hopes of benefiting from the investor buzz generated by SpaceX’s initial public offering later in the week. The high-profile listing of Elon Musk’s…...