Class 8 new truck orders were down in March, but the research firms that track them did not see it as significant.
The overcapacity of on-highway trucks would look worse without underlying support from Mexico and strong vocational demand.
A report released Monday by the American Transportation Research Institute (ATRI) examines the costs and potential impacts associated with California’s push for zero-emission vehicles. This report is a companion to a December 2022 ATRI report titled “Charging Infrastructure Challenges for the U.S. Electric Vehicle Fleet.
Trailer orders are returning to pre-2020 normal rates, even with a 38% month-over-month decline in November.
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.
On Wednesday the American Transportation Research Institute (ATRI) released a report that examined causes and impacts of predatory heavy-duty towing. The report defined predatory towing in which “a T&R [towing and recovery] company egregiously overcharges, illegally seizes assets, damages assets by use of improper equipment, or illegitimately withholds release of a truck, trailer, and/or cargo.”
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.
With 2024 orderboards open, Class 8 truck orders hit their highest level of the year in September and suggest fleet optimism.
Class 8 truck orders rose in July, but they are still in the summer doldrums and trail replacement demand.
Class 8 orders in June remained muted as manufacturers focused on reducing their backlogs of unbuilt trucks.
May’s Class 8 truck orders rose, but a truer measure of manufacturing health is the industry’s still-elevated backlog-to-build number.
Load board fraud is gaining attention after The Wall Street Journal reported Truckstop, a leading load board provider, found reports of fraud increased 400% from Q4 2021 to Q4 2022, the highest level since 2004, when it began tracking the data. This article prompted Craig Fuller, CEO and founder of FreightWaves, to write an article on Tuesday arguing for massive load board providers to take greater responsibility for instances of fraud that take place on their platforms.
The Commercial Vehicle Safety Alliance (CVSA) is holding its annual International Roadcheck next Tuesday through Thursday.
Skimpy orders of Class 8 trucks in April mean little because OEMs have lots of backlogged orders to build and bill.
It has been just over a year since Craig Fuller, CEO and founder of FreightWaves, wrote an article titled “Why I believe a freight recession is imminent,” published March 31, 2022, in which he predicted the U.S. trucking market was heading toward a significant downturn.
Truck manufacturers booked about 19,000 Class 8 truck orders in March, a manageable load that lets them whittle away at backlogs.
Class 8 truck orders defied estimates of flattening in February as fleets show they still have money to spend.
On Tuesday, FreightWaves interviewed Werner Chief Information Officer Daragh Mahon about the company’s recent partnership with Samsara, diving into how AI and updated legacy systems are transforming Werner’s 8,500-truck fleet.
