Profits at Daimler Truck AG jumped 120% year-over-year in the fourth quarter of 2023 on strong demand plus higher prices and margins. 

J.B. Hunt Transport Services Inc. announced that company president Shelley Simpson is also taking on the post of CEO, effective July 1.

Volvo Trucks North America provided a deeper dive into the communications enhancements the truck maker’s redesigned VNL Class 8 tractor offers, including options to reduce downtime.

Peterbilt unveiled two new configurations for car carrier cabs, the Model 567 UltraLow Roof Day Cab and the Model 589 UltraLow Roof 58-inch Sleeper.

Selling off the assets of bankrupt less-than-truckload carrier Yellow Corp. is set to take another step when the first rolling stock will be up for auction soon.

Losses at Class 8 vehicle manufacturer Nikola Corp. narrowed 30.8% year-over-year in the fourth quarter of 2023 as research and development costs plummeted.

Some of component manufacturer ZF’s latest product launches are set to service the growth in trucks using nontraditional fuels.

The national average diesel price remained unchanged at $4.109, the first time there was no fluctuation since last summer, according to EIA data for the week of Feb. 19.

Profits at Bridgestone Corp. dived in the fourth quarter of 2023 on the back of what the Japanese tire manufacturer said Feb. 16 was a remarkable slump in demand.

Kenan Advantage Group bought Northern Dry Bulk for an undisclosed sum, marking its first major foray into dry bulk haulage, the top-ranked tank transporter said.