Preliminary February 2023 data shows an uptick in Class 8 orders across North America for the first time since record-breaking numbers the late summer of 2022. FULL STORY
Parts and labor cost data indicate that significant cost challenges continue to impact fleets through 2023; however, these cost increases slowed by the end of 2022 compared to 2021, according to the latest data from Decisiv. FULL STORY
The Federal Reserve’s interest-rate hikes and other macroeconomic pressures have added a layer of uncertainty to the trucking sector in recent weeks, according to leaders of Ryder System, Inc. FULL STORY
Cummins has invested more than $1.5 billion in research and technology, capital and acquisitions to build Accelera’s leadership and technological capabilities. FULL STORY
Daimler Truck North America executives are forecasting that sales could grow 12% in 2023 from a strong 2022 base—if the supply chain improves. FULL STORY
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