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Ryder's profits fell in the first quarter on sharply lower used tractor and truck prices and weak rental market conditions, the company said April 23, but saw a boost from recent acquisitions.

Profits at truck maker Volvo Group in the first quarter of 2024 received a boost from price increases, even as orders and deliveries declined as expected.

Five auto carriers look set to merge, with the combined entity likely to then add to its assets by buying up competitors, if an initial public offering pans out as planned.

Platform Science raised $125 million in capital to accelerate the launch of its software platform with additional truck manufacturers, a spokesperson for the company said April 16.

Volvo Trucks North America opened the order book April 15 for its new Class 8 VNL tractor, it said.

Reopening of former Yellow Corp. terminals quickened in recent days, with multiple less-than-truckload players introducing additional doors they bought at auction.

Volvo Group will build a heavy-duty truck manufacturing plant in Mexico to complement the Swedish original equipment manufacturer’s production in the U.S.

Daimler Truck North America sold 46,220 trucks and buses in the first three months of 2024, a 5% decrease compared with the first quarter of 2023’s total of 48,891.

Nikola Corp. produced 43 and wholesaled 40 Class 8 hydrogen fuel cell electric vehicles in the first quarter of 2024, the truck maker said.

Diamond State Trucking & Logistics is to buy Morton, Ill.-based flatbed carrier Yordy Transport for an undisclosed sum, parent company PS Logistics said.