Here’s a quick recap of an unexpectedly amazing forum spotlighting Central Asian trucking companies in the U.S. Plus, we met Strong Solo Sergey in real life.
From West Coast wins to Gulf Coast fog delays, the country’s top gateways are telling very different stories.
OTR Solutions launches OTR365 Ecosystem and OTRintelligence, combining AI-powered automation with 24/7 instant funding to transform freight factoring for carriers and brokers.
Class 8 truck orders in North America hit a 14-month high in November 2023, indicating a strong replacement equipment demand despite a slow freight market.
In November 2023, Class 8 truck orders in North America reached a 14-month high, defying the sluggish freight market, with 41,700 units ordered, surpassing both the previous month and year-over-year figures. This surge, the highest since September 2022, suggests a "solid rather than stellar" outlook for 2024, according to ACT Research. The rising backlogs indicate a strong demand for replacement equipment despite the overall weak freight market. FTR Transportation Intelligence reported a slight year-over-year increase in orders, attributing the trend to replacement demand stabilization for 2024. Industry leaders like Paccar Inc.'s CEO note strength in vocational, medium-duty, and LTL markets, signalling an optimistic view for the upcoming quarters.
Source: Freight Waves
Class 8 truck orders continued to outpace the sluggish freight market with November orders surpassing 40,000. It was the best month since September 2022 on a seasonally adjusted basis.https://t.co/lomoBYXZuh
— FreightWaves (@FreightWaves) December 5, 2023
Source: FreightWaves
Today we sat down with Karolina Plecha, a truck driver living in Norway. She shares insights on life on the road, the future of electric vehicles, and what she does to prepare for unpredictable weather conditions.
Is this trucker a criminal or just a hustler trying to stay in the game? It depends on how you look at it.
Nikola Corporation, once valued at $30 billion and hailed as the future of EV trucking, has filed for Chapter 11 bankruptcy. The company’s stock plummeted 40% today, marking a staggering 99% decline from its 2020 peak of $1,977 per share to just $0.45.
CtrlChain carriers cut admin time by 95%, process paperwork 80% faster, and get paid 4x quicker. See what’s new in 2024—and what’s coming next in 2025!
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