January Class 8 sales were up 34.2% year-over-year. Sales hit 19,932 compared with 14,857 a year earlier. The latest sales figures came off a record high of 29,172 for December. Freightliner led the pack with the most sales, and all the major truck manufacturers saw an increase in sales year-over-year in January. In addition to the major manufacturers, Tesla sold 30 trucks.

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U.S. Xpress Enterprises says it increased revenue but earnings fell during the fourth quarter of 2022. The truckload carrier posted a net loss of $10.5 million for the three months ending December 31st. That compared with a loss of $4.98 million during the same time the previous year. But total operating revenue increased 2.1% to $542.5 million from $531.6 million.

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The transportation sector experienced an estimated 20% jump in reported cargo thefts amid changing criminal tactics in 2022, with the largest portion of those coming in the fourth quarter. A study by CargoNet put the estimated total loss value in 2022 at $223 million. The average value of cargo stolen in an event was more than $200,000.

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North American Class 8 orders in January hit 18,400 units, which was down 13.6% from the same period last year when they were 21,300. That’s according to Act Research. Supply chain issues early last year disrupted normal operations among truck makers, and orders didn’t start picking up steam until about midyear. September peaked at an all-time record of 53,700 units, and orders have been steadily going down since.

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Secretary of Labor Marty Walsh is leaving the Biden administration to become executive director of the National Hockey League Players’ Association, according to reports. Walsh would become the first member of President Joe Biden’s Cabinet to step down. Deputy Secretary Julie Su is expected to become acting head of the agency. Walsh led the agency as it attempted to require COVID-19 vaccines at workplaces and update rules on whether workers should be considered independent contractors or employees under federal wage law.

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President Biden delivers his State of the Union address from the U.S. Capitol tonight at 9 p.m. Eastern Time and is expected to champion recent progress made with the country’s infrastructure, including projects beneficial to the freight industry.

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The Department of Transportation over the past year has undertaken a variety of actions related to guidance and rulemakings that officials say will lay the groundwork for reducing the number of fatal crashes on U.S. roadways.

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Old Dominion Freight Line capped a record-setting year with revenue and earnings increases in the fourth quarter of 2022, the company reported Feb. 1, one day after revealing its leadership transition plan.

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LAS VEGAS — Daimler Truck North America has unveiled its SuperTruck II high-efficiency tractor-trailer combination, featuring freight efficiency gains that the company said are built around equipment and components central to real-world tractor-trailer operation.

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Even with a stronger-than-expected 2.9% fourth-quarter increase in gross domestic product, two of the nation’s most prominent freight transportation economists say the threat of a recession will persist this year. Bob Costello, American Trucking Associations’ chief economist, and Rajeev Dhawan, director of the Economic Forecasting Center at Georgia State University, said, however, that the economy continues to perform at a strong level.

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