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STG and 64 affiliates filed for court protection with the U.S. Bankruptcy Court for the District of New Jersey. The company expects to exit court protection in around five months’ time.

Used Class 8 truck sales ended a run of five months of year-over-year gains in November. ACT Research reported volume slipped 1.5% to 20,400 units from 20,700 in the 2024 period.

The company posted better-than-expected results in its most recent quarter, swinging to an adjusted profit of 12 cents a share from a 68-cent loss a year earlier.

Tennessee is asking 8,000 commercial driver license holders to provide proof of citizenship after an audit by the state’s Department of Safety and 91ÊÓƵland Security.

Instead of plug-in hybrids, Stellantis is turning its focus to mild hybrids that don't require a plug. Its first such offering in North America is the Jeep Cherokee, which is reaching dealers now.

Murfreesboro, Tenn.-based Store Opening Solutions specializes in retail fixture, furniture and equipment inventory. It will become part of the Koch Logistics division.

EquipmentShare.com Inc. and Motive Technologies are set to begin formal marketing for their initial public offerings as soon as next week, according to people familiar with the matter.

Bankrupt auto parts maker First Brands Group has sued Edward James — its former executive and the brother of company founder Patrick James — and its largest creditor Onset Financial.

The acquisition does not change day-to-day operations. The Dart name and operating entities remain unchanged, and drivers, customers, leadership and staff will remain in place.

The freight market outlook is underwhelming, with marginal rate increases unlikely to cover the ongoing rise in carriers’ costs, according to FTR Transportation Intelligence analysts.