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U.S. trailer orders in March slipped to the lowest level in nearly two years, landing in the 15,000-units range, ACT Research reported.

Ridgemont Equity Partners acquired Munch’s Supply, a wholesale distributor of heating, ventilation and air conditioning equipment and supplies based in New Lenox, Ill., from Rotunda Capital Partners.

Officials in the transportation industry warned that if President Donald Trump follows through on the threat of tariffs on imported truck and automobile parts, the effects could be devastating for jobs in the United States.

While visiting a truck dealership in Burnsville, Minn., President Donald Trump touted tax cuts passed by Republicans in 2017, even as the law has swelled the deficit and failed to gain traction with voters in last year’s midterm elections.

U.S. Class 8 retail sales in March climbed above 22,000 for the first time this year, WardsAuto.com reported. All truck makers but one notched gains.

U.S. sales of medium-duty trucks in March held steady, settling above 21,000, WardsAuto.com reported.

Mack Trucks announced it is making a battery refresher standard on all Mack models to maximize uptime and significantly extend the life of electrical charging-system components.