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The Logistics Managers Index dropped to 67.1 in May, the second straight decline from a record of 76.2 reached in March.

A top Federal Motor Carrier Safety Administration official told safety executives attending a commercial vehicle safety conference that a proposed rulemaking for fully automated heavy trucks is targeted for later this year.

Dobbs Peterbilt, based in Monroe, La., announced it opened its doors.

Solid Power Inc., the battery startup that went public in a reverse merger last year, has begun operating a new pilot line, putting it on pace to deliver sample cells to automotive partners by year-end.

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Ritchie Bros. Auctioneers Inc. appointed Eric Jacobs chief financial officer, effective June 6.

XPO Logistics Inc. has filed a confidential Form 10 registration statement with the U.S. Securities and Exchange Commission for the planned spinoff of its tech-enabled brokered transportation platform, the company announced.

Mack Trucks announced Bruckner’s Truck & Equipment in Fort Worth, Texas, is now a certified electric vehicle dealer, making this the first Mack dealership to be EV-certified in Texas.

Eaton announced its eMobility business introduced a 48-volt programmable power electronics control unit for electrically heated catalysts that can be used by commercial vehicle manufacturers to meet tightening global emissions regulations.

With the combination of increasing prices and interest rates, supply chain shortages and the rise of electrification, fleets are collectively at a tipping point. With these market conditions, are more trucking companies looking for alternative options, such as leasing, to purchase new units to hedge their uncertainty?