RXO Posts Q1 Turnaround as Carrier Exits Tighten Spot Market
The 3PL reported improved margins as capacity leaves the market, but demand remains flat: a supply-driven recovery that changes how fleets price spot loads.
Hank Rivers
Equipment, OEM & Electric Vehicles
Hank Rivers covers truck hardware, tractors, trailers, engines, drivetrains, emissions aftertreatment, battery-electric and hydrogen trucks, charging infrastructure, telematics hardware, ADAS, tires, APUs, recalls, and the maintenance economics that decide what a fleet actually spends per mile. Former fleet manager. He treats OEM press releases like used-truck listings until proven otherwise.
Truck Parking Club Names Victor Westerlund CFO Ahead of 10,000-Site Push
Former Stax Payments VP of finance joins as reservable-parking network targets doubling footprint to 10,000 locations by year-end 2026.
Class 8 Orders Stay Elevated in March as Volvo Times VNL Launch
FTR reports March Class 8 orders remained sharply above expectations despite geopolitical cooling, as Volvo executives say new VNL and VNR models hit the…
RXO CEO Sees Freight Market Recovery, What It Means for Equipment Demand
Drew Wilkerson told investors May 7 the company is positioned for an upturn. Broker optimism typically leads OEM order activity by one to two quarters.
Shippeo Buys Logward to Automate Carrier Workflows From Tracking Data
The acquisition pairs real-time shipment visibility with AI-driven task automation, aiming to close the gap between knowing where a load is and acting on…
WattEV Orders 370 Tesla Semis, Largest California EV Fleet to Date
First 50 units ship in 2026, with 300+ serving Port of Oakland drayage under joint program. WattEV selected Tesla after public RFP on cost, performance, and…
Hendrickson ElectraAx E-Axle Targets Medium-Duty EVs by Late 2027
Fabricated design allows custom track width, gear train, and brake configurations for Class 4–6 trucks and school buses. Production-ready end of 2027.
MicroVision pitches lidar 2.0 strategy on cost, software, modularity
Lidar supplier targets trucking ADAS with four-pillar plan emphasizing design-to-cost, open software framework, and modular hardware across vehicle classes.
GXO Q1 Earnings, No Fleet or Equipment Updates Disclosed
Third-party logistics provider swung to profit but released no tractor counts, trailer orders, or warehouse automation spend.
FBI Warns Cyber Cargo Theft Cases Surging Across Freight Industry
Cybercriminals are impersonating legitimate freight companies to steal loads, according to a new FBI public alert on cargo theft.
FMCSA revoked 67 ELD devices in 16 months, two more dropped today
Safe ELD and MYLOGS ELD pulled from registry for failing technical specs. Administrator Barrs signals enforcement campaign will continue.
Volvo D13 Engine Cleared for 2027 EPA NOx Standard-What Changes
VTNA's updated D13 meets the 2027 nitrogen oxide rule. What the compliance package means for service intervals, aftertreatment, and shop tooling.