Core Insights - Averitt Express has placed an order for 264 new Volvo VNL 860 trucks, marking one of the largest single orders for this model in North America to date [1][9] - The investment reflects a trend among major carriers to upgrade fleets for better fuel economy, lower operating costs, and enhanced driver amenities [2] Company Overview - Averitt Express operates a fleet of over 4,600 vehicles, with more than half being Volvo trucks [2] - Founded over 50 years ago, Averitt Express provides a full range of transportation and logistics services across more than 100 countries [6] Product Features - The new Volvo VNL is designed for optimal fuel efficiency, achieving up to a 10% improvement over the previous model through advanced aerodynamics and powertrain refinements [3] - The trucks include advanced safety features, outstanding driver comfort, and efficient idle management technology, which reduces engine idling when parked [4] Industry Context - The trucking industry is facing intense competition for skilled drivers, prompting carriers to invest in trucks that offer a premium driver experience and measurable operating cost savings [5] - In 2024, approximately 134,000 Volvo trucks were delivered worldwide, indicating strong demand for their products [8]