Soaring fuel prices and tightening capacity are driving freight rates to new highs across truckload, LTL and parcel, according to the latest TD Cowen/AFS Freight Index.

Artificial intelligence is emerging as a “bionic arm” for trucking fleets, helping planners, dispatchers and drivers make smarter decisions that reduce wasted miles, improve fuel economy and enhance safety, panelists said during a discussion on sustainable fleet operations.

Volvo Trucks is pushing deeper into longhaul electrification, unveiling a new extended-range version of its flagship FH Aero Electric capable of traveling up to 435 miles on a single charge.

Heavy-duty repair shops are seeing stronger business conditions, but rising costs and an ongoing technician shortage are tightening margins and complicating operations, according to a new State of Heavy-Duty Repair report from Fullbay.

TA Dedicated has acquired Minneapolis-based Triangle Warehouse, expanding its warehousing and distribution capabilities in the Upper Midwest.

McCarthy Tire Service celebrates its 100th anniversary with a planned leadership transition and growth plans aimed at expansion of its footprint and service offerings.

J. J. Keller & Associates Inc. has expanded its Encompass Fleet Safety & Compliance Platform with a new asset tracking product aimed at improving visibility into trailers, equipment and other mobile assets.

Canadian Prime Minister Mark Carney announced that the government will suspend the excise fuel tax on gasoline and diesel until Labor Day as the Iran war sends energy costs surging. The tax break will start April 20.

Groupe Morneau has officially opened a new terminal in Saint-Hyacinthe, expanding its presence on the South Shore, in Estrie and in the Centre-du-Québec region. The company said the region represents nearly 30% of Quebec’s less-than-truckload market.