Recent reports from Ryder System and Knight-Swift highlight significant total cost of ownership and poor range for electric trucks.
New Class 8 truck orders in April up from a year ago, down from March.
Todd Spencer, president of the Owner-Operator Independent Drivers Association, highlights regulatory challenges at the FreightWaves Small Fleet & Owner-Operator Summit.
J.B. Hunt and Knight-Swift reported higher pressure from customers to cut contracted rates in Q1 bids in an effort to extend savings before the market’s eventual turnaround.
Phase 3 greenhouse gas emission standards for heavy-duty vehicles covering model years 2027 through 2032 mandate more zero-emission commercial vehicles.
Class 8 new truck orders were down in March, but the research firms that track them did not see it as significant.
Ahead of Q1 earnings reports, analysts are adjusting their earnings expectations for truckload companies as excess capacity continues to weigh down pricing and margins.
The latest figures from ACT and FTR show a new truck build market that remains solid but that slowed from a month earlier.
Knight-Swift President and CEO David Jackson stepped down Tuesday after a nearly 24-year tenure at the company that saw many mergers and acquisitions, including an expansion into the LTL market.
Charles Gracey of Hot Seat Services says recruitment can be difficult even in the best of circumstances, with only a tiny fraction of applicants getting an offer and successfully completing orientation.
The overcapacity of on-highway trucks would look worse without underlying support from Mexico and strong vocational demand.
In December, a federal appeals court ruled that company team drivers’ time spent in sleeper berths after eight hours can be compensated under the Fair Labor Standards Act. The case involved a former CRST trainee who sued CRST in 2016 alleging that the team-based driver training program violated the FLSA based on the carrier’s compensation policy.
New Class 8 truck deliveries have fallen for four consecutive months even as vocational equipment sales rise.
The Federal Motor Carrier Safety Administration on Monday published a notice in the Federal Register that the state of Florida is seeking an exemption to the CDL testing regulation pertaining to skills testing.
Class 8 truck orders hit a 14-month high in November, surpassing 40,000 bookings amid a mired freight market.
The evidence is far from overwhelming, but the worst of the price depreciation for used trucks may be over.
FreightWaves’ Rachel Premack wrote an article on Wednesday outlining her experience attending a truck driver training conference in Corpus Christi, Texas, by the National Association of Publicly-Funded Truck Driving Schools (NAPFTDS). Premack sought to get more information on a fundamental disagreement in trucking that involves driver turnover and whether there is an ongoing driver shortage.
Specialty trailer equipment got a boost in October as overall orders rose, but dry and refrigerated vans didn’t keep pace.
Fleets waited two years for back-ordered Class 8 trucks. Now largely met, demand has shifted to replacement needs.
Natural gas has long been a bit player in a diesel-driven engine world. That may change with Cummins’ beefier 15-liter offering.
