A dearth of Class 8 truck orders in April is more technical than meaningful. Major OEMs express optimism about delivering plenty of new equipment to ease pandemic-related pent-up demand. Preliminary North America net orders were 11,600 units, down 27% from a year ago and off 39% compared to March, according to ACT Research. FTR Transportation…
Airbus said in Wednesday’s earnings report that it has pushed back the first delivery of the all-new A350 freighter into 2026. No reason was given for the adjusted timetable, but aircraft manufacturers have been dealing with difficulties sourcing materials and hiring personnel. Engine-makers are struggling to make enough engines and provide spares to replace engines…
FreightWaves Classics is sponsored by Old Dominion Freight Line — Helping the World Keep Promises. Learn more here. On this week’s episode of Tracks Through Time, Deputy Editor Brielle Jaekel brings on fellow FreightWavesTV host Thomas Wasson to talk about the construction of the Panama Canal 119 years after its commencement. The project, while an important…
Welcome to the WHAT THE TRUCK?!? Newsletter presented by Dunavant. In this issue, market recovery looks grim; yard dawgs; Flexport’s Shopify buy; and more. Will freight recover in the second half? SONAR Unlikely — Those of you waiting for the ball to bounce back up on the rebound after falling off a cliff may be…
Stemco has promoted Charles “Chip” Stuhr to president, effective immediately. Stuhr joined Stemco in 2004 as a district sales manager, and over the course of two decades has had roles […]