8 more trucking companies go bankrupt, 2 shut down
Eight more trucking companies filed for bankruptcy in the past month while two others ceased operations, and tightened lending standards...
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Transportation
Uber Freight founder joins autonomous big rig startup Waabi
Lior Ron, the entrepreneur who founded and ran Uber Technologies Inc.’s freight and logistics unit, is returning to the world...
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Diesel pump prices are surging in potential boost to inflation
US diesel prices at the pump have surged to the highest in almost a year as retail markets catch up...
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Ford Pro sales rise, GM fleet sales fall in Q2
Ford and General Motors saw mixed commercial vehicle demand during the second quarter, as tariffs led to fleet customers moving...
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Daimler Truck financial services originations fall 16%
German commercial vehicle manufacturer Daimler Truck felt the effects of tariffs and tariff-related economic uncertainty in the second quarter, resulting...
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Wabash lease income up 79.3% despite weaker demand
Commercial trailer and truck body manufacturer Wabash saw lease income spike in the second quarter despite declining net sales and...
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Iveco to break up with sale of company to Tata, Leonardo
Iveco Group NV agreed to break itself up, selling its defense unit to Leonardo SpA and the rest of the...
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Used Class 8 truck prices spike 10.4% YoY
The average retail price of used Class 8 trucks increased 10.4% year over year and 6.2% month over month in...
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