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4 days ago · Economy; JBT Group files NOI after TD Bank demands full repayment of debt February 10, 2025. Kitchener, Ont.-based JBT Transport and its affiliated companies have filed for creditor protection, after TD Bank demanded payment of $16.2 million in outstanding debt.

3 days ago · Class 8 truck orders were down in January, as buyers contemplate the impact tariffs will have on both truck prices and freight levels. The spot market saw falling rates for van and reefer carriers, meanwhile, but were in line with normal seasonal movements. Preliminary Class 8 orders for January ...

1 day ago · Isuzu announced this morning it will open a 1 million sq.-ft. production plant in Greenville County, S.C., where it will build electric and internal combustion trucks. The facility will be able to produce both electric and internal combustion engine vehicles on an assembly line without conveyors or ...

Jan 10, 2025 · “While OEMs experienced an overall month-over-month decline in order activity for December, most OEMs performed above seasonal expectations as net orders maintained relatively high levels for what is typically a softer order month.

Jan 24, 2025 · For-hire truck tonnage in the U.S. dipped in December, but vocational orders are soaring as infrastructure projects commence. The spot market was mixed, but one thing is certain: Freight will grow in the years ahead, according to the American Trucking Associations. Vocational truck demand is soaring ...

Nov 8, 2024 · With 2025 order books now open, fleets are ordering Class 8 trucks at a “healthy” but cautious level, industry forecasters report. Inventory levels remain high, meaning OEMs will be pressured to trim production rates.

Jun 3, 2024 · Trucking news from the editors of Today's Trucking. Today’s Trucking Jan/Feb 2025 January 27, 2025. Ontario truck driving schools struggle with falling enrolments as immigration taps are dialed back.

Dec 26, 2024 · “Overall, the U.S. economy remains resilient, and freight volumes are growing,” said Carter Vieth, research associate with ACT. “Consumers continue to buoy the economy, and for the first time in six quarters, retailers’ inventories are starting to outpace sales after considerable destocking.

Mar 8, 2024 · Capacity continues to exit the market, leading ACT Research to conclude the market is coming into balance. But spot market rates continue to be mostly flat, with refrigerated carriers seeing the sharpest declines.