Throughout the pandemic, the commercial trucking industry struggled with a shortage of drivers. As the effects of the pandemic lessen and more drivers are hired, however, the industry is now facing a shortage of vehicles and other trucking equipment instead. Check back here for news and information related to trucking fleet equipment, plus insights and analysis on trends and issues impacting the trucking industry.
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Ryder’s 2023 profitability forecast assumes lower numbers due to falling used truck prices.
After a surge in orders in December, trailer OEMs follow truck manufacturers in reporting slower bookings with large backlogs.
Cummins Inc. will retire two legacy engines, replacing them with one fuel-agnostic powertrain for medium- and heavy-duty trucks.
Engine maker Cummins backs OEM projections of a strong 2023 for new trucks. If the China market recovers, look for an earnings bounce.
Glenn Ellis was named the first American-born president and chairman of the Japan-based U.S. unit of Hino Trucks.
Engine maker Cummins Inc. posted 2022 records in key financial metrics as it worked to integrate its Meritor acquisition.
Class 8 truck orders in January fell year over year for the first time since August, lightening the 2023 backlog.
Aligning with certain customers on long-term supply agreements helped Wabash post Q4 and full-year records.
After months of downward moves, used truck prices ended the year closer to pre-pandemic levels than anytime since COVID hit.
As valuations of SPAC-backed startups plummet, one autonomous trucking developer that avoided the FOMO and stayed private is thriving.
