A Republican-backed bill introduced by U.S. Rep Brian Mast, R-Fla., seeks to exempt underage truck drivers from rules that prohibit them from hauling containers to and from marine terminals.
Class 8 truck backlogs enter 2023 in healthy shape despite three consecutive months of lower orders after a record September.
Solid Class 8 orders in November still marked the second straight month of decline as backlogs grow and supply and labor issues persist.
Class 8 truck orders remained strong in October, but lower profits at truckload companies may cool bookings.
After nearly a year of accepting only orders they were sure they could build, heavy-duty truck OEMs fully opened orderbooks in September.
The outlook for trucking companies buying new or used Class 8 trucks can best be described like a 2005 Facebook relationship status — “It’s complicated.”
Truck manufacturers began to fill build slots for the first quarter of 2023 in August but pent-up demand for equipment remains unstated.
Legal battle over trucking independent contractors The trucking owner-operator business model is getting more legal challenges. The 7th U.S. Circuit Court of Appeals overturned a lower court decision in May […]
Volvo Group reported higher truck sales, profits and market share in the second quarter despite ongoing supply chain disruptions.
Don’t expect the restrictions that truck manufacturers are imposing on Class 8 order intake to last. There’s too much at stake.
