Freight spot rates are rising in the aftermath of Hurricanes Harvey and Irma as the industry responds to shipping demands from the affected regions.
Truck manufacturers and suppliers like Daimler and Michelin are investing in and acquiring startups to stay at the forefront of technology.
E-commerce sales keep outstripping general retail sales growth, and XPO Logistics is responding with plans to nearly double the number of its so-called last-mile hubs in the U.S.
Trucking analysts fear widespread industry disruption as Hurricane Irma bears down on the Eastern Seaboard, especially if it hits freight distribution centers in George and North Carolina.
Tesla will unveil a heavy-duty electric truck later this month and analysts believe it will capture a significant share of the semi-tractor market.
Orders for new trucks in the heaviest Class 8 weight segment continue to outperform last year’s numbers, increasing month-to-month and year-to-date.
Lost business due to the devastating effects of Hurricane Harvey could cost the U.S. market thousands of sales, though it could have been worse.
GM executives revealed class-leading fuel economy figures for the 2018 Chevrolet Equinox Diesel and affirmed the automaker’s commitment to diesel technology in the face of tightening restrictions.
Even after its flood waters recede and the muck is mopped up, trucking operators and shippers will feel Hurricane Harvey’s economic impact for many months.