Business

PACCAR Q3 profit jumps 44% as Kenworth and Peterbilt deliveries climb

U.S. and Canada deliveries rose to 23,800 trucks from 17,100. PACCAR sees 2027 Class 8 retail sales of 240,000 to 280,000.

Werner Q3 revenue jumps 23% to $950.5M as FirstFleet lifts dedicated fleet

Adjusted operating income nearly doubled to $21.0 million, but fuel costs and claims squeezed margins. One-way revenue per truck per week rose 34.3%.

ATA: trucks hauled 11.46 billion tons in 2025 as revenue hit $936.4 billion

The 2026 edition of American Trucking Trends shows modest gains, 3.45 million drivers, and an industry still made up almost entirely of small fleets.

Fuel prices top trucking's concerns in ATRI's 2026 survey; drivers rank parking No. 2

ATRI's annual Top Industry Issues report shows fuel costs jumping 17 spots to first place, while carriers and drivers remain split on what matters most.

FMCSA Approves 20% Increase in Unified Carrier Registration Fees for 2027

A final rule published in September 2026 raises annual UCR fees for the 2027 registration year by $9 for the smallest carriers and by $9,329 for the largest fleets.

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Diesel Posts Record One-Week Jump of 96 Cents as Strait of Hormuz Traffic Collapses

The federal benchmark that sets most fuel surcharges rose to $4.859 a gallon in the week of March 9, 2026, the largest weekly increase since the series began in 1994.

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Texas Supreme Court Reverses Nuclear Verdict Against Werner in 2014 Icy-Highway Crash

The June 27, 2025, ruling held that a pickup crossing the median, not the Werner truck, was the sole proximate cause, wiping out a 2018 jury award of nearly $90 million.

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Nikola Files for Chapter 11, Plans to Sell Assets and Wind Down

The hydrogen and battery-electric truck maker filed in Delaware on February 19, 2025, with about $47 million in cash and plans for limited truck service and HYLA fueling only through March.

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RXO Agrees to Buy Coyote Logistics From UPS for $1.025 Billion

The deal announced June 23, 2024, would make RXO the third-largest freight broker in North America, while UPS would sell the unit for less than it paid in 2015.

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Ryder Completes Cardinal Logistics Deal, Adding 2,900 Power Units to Dedicated Fleet

The February 1, 2024, acquisition brought a Concord, N.C., dedicated carrier founded by two former Ryder employees back into the company's fold.

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TFI International Agrees to Buy Flatbed Carrier Daseke in $1.1 Billion Deal

The December 2023 agreement would double TFI's truckload business and add one of North America's largest flatbed and specialized fleets.

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Knight-Swift Agrees to Buy U.S. Xpress for About $808 Million

The March 2023 deal agreed to pay $6.15 a share for the struggling Chattanooga carrier, a steep premium to its stock price.

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Fuel Prices Top ATRI's 2022 List of Trucking Industry Concerns

In October 2022, ATRI's annual survey ranked fuel prices as the industry's top issue, ending the driver shortage's five-year run at No. 1, and speed limiters entered the top 10 for the first time.

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Delayed EIA Data Shows Diesel Hit Record $5.81 a Gallon in June

In July 2022, the Energy Information Administration released three weeks of postponed diesel prices, showing the national average peaked at $5.81 on June 20.

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Driver Shortage Tops ATRI's Industry Concerns for Fifth Straight Year

In October 2021, ATRI's annual survey put workforce issues at the top, with diesel technician shortages making the top 10 for the first time.

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TRATON Completes $3.7 Billion Navistar Merger

In July 2021, Germany's TRATON GROUP took full ownership of International truck maker Navistar after a four-year alliance.

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