The number of workers employed in truck transportation in October was unchanged from September. That end result in the October report from the Bureau of Labor Statistics, released Friday, came from two developments. First, the BLS revised downward its initial figure on truck transportation jobs in September to 1,471,300 from 1,473,100.  And then the BLS’s […]

Ryder System (NYSE: R) has acquired Efficiency Enterprises, a company with a business model similar to what Ryder does in its Fleet Management Systems (FMS) unit.  Ryder, in a prepared statement, described Efficiency Enterprises as “a regional provider of fleet management, maintenance, and leasing solutions for trucks, trailers, and material handling equipment.” Those services line […]

The Teamsters are claiming victory for a group of “W-2” drivers at an Amazon facility in Indiana who sought representation by the union.  But as with the entire Amazon-Teamsters relationship, it’s complicated. In its prepared statement announcing the “march” on the company to demand it bargain for a contract, the Teamsters said it had unionized […]

The massive Democratic Party win on Election Day will have implications for government rules and regulations on trucking, including the so-called highway bill, driven in part by changes in the lineups of who will sit on Congress’ transportation-focused committees. There are several members of the House Transportation & Infrastructure (T&I) committee who won’t be around […]

Uber Freight CEO Rebecca Tinucci took to LinkedIn to tout the company’s third quarter financial performance, which still is a long way from operating profitability. As Tinucci said in her published remarks, “two things can be true at the same time.” Her comments highlighted gross bookings of $1.768 billion, which is a record for the […]

The benchmark price used for most fuel surcharges fell this week, but the focus in oil markets is on the huge decline in futures market prices recorded Monday. The Department of Energy/Energy Information Administration average weekly retail diesel price fell to $6.292/gallon, a decline of 6 cts/g, effective Monday, published Tuesday.  That price would not […]

All the key numbers at Expeditors International pointed upward in the third quarter at the logistics and freight forwarding company. Revenue year-on-year was up 42%, to $4.1 billion at the asset-light customs broker and freight forwarder. Despite the fact that the cost of transportation rose 49%, a faster rate than revenues, and salaries climbed 15%, […]

With the trucking sector anticipating the release of the final rule by the Environmental Protection Agency on nitrogen oxide (NoX) standards–known colloquially as EPA ‘27–and what engines need to do to get there, one of the country’s biggest truck retailers took the issue head on its recent earnings call with analysts. The message by William […]

Alain Bedard, the CEO of TFI International, had been highly critical of his company’s U.S. LTL operations back in 2024, at one point referring to some of its practices as “stupid.” As recently as April, he was far more optimistic about the segment that was built largely through the TFI acquisition of UPS Freight in […]

TFI International has tried to get investors to take notice of its Truckload operations, which are substantial but smaller than its more better-known LTL segment. The third quarter results may be the catalyst that gets that recognition to occur. Where the third quarter LTL segment at TFI (NYSE: TFII) saw its operating ratio rise compared […]

RXO remains a publicly-traded company as it prepares to be acquired by C.H. Robinson, posting its earnings Thursday that showed mostly positive numbers in all key categories. Given the pending deal with C.H. Robinson, RXO (NYSE: RXO) did not hold an earnings call with analysts. The summary slides that also accompany earnings were not released […]

(Editor’s note: the initial article has been revised to note that the companies discussed increased claims, not insurance premiums). Strong financial numbers released between Tuesday and Wednesday by C.H. Robinson and Landstar were overshadowed on Wall Street by concern over one particular issue: insurance and claims. Landstar kicked off the issue Tuesday afternoon with its […]

The third quarter at C.H. Robinson might be remembered for both the highs and the lows. It was the period when Lipe vs. Lupus Superior came down, and just days after the quarter ended, the giant 3PL announced the almost $6 billion acquisition of rival RXO (NYSE: RXO).  But neither of those things hit the […]

Chattanooga–The man who created RXO gave his public support to the 3PL’s acquisition by C.H. Robinson, saying you need “scale and density” to make it in the brokerage world. Brad Jacobs, who as CEO of XPO Logistics spun off RXO into a standalone publicly-traded 3PL, told the FreightWaves Future of Freight Festival here that he […]

Chattanooga–The Transportation Intermediaries Association (TIA) was quick out of the box earlier this year after two key court decisions that didn’t favor the brokerage community, asking the federal government for some sort of guidance for 3PLs: tell us what sort of carrier hiring practices would protect us. Chris Burroughs is the head of TIA and […]

Chattanooga–It hasn’t been that long–less than a month–since Jesse Elison spoke to an industry event and addressed the issue of the beleaguered new Motus registration system. The deputy administrator of the Federal Motor Carrier Safety Administration (FMCSA) spoke Monday at FreightWaves’ Broker Compliance Symposium, one of two one-day sessions that serve as a prelude to […]

Four and a half years after a grassroots union was voted in by workers at an Amazon warehouse in Staten Island, New York, the battles in court over Amazon’s pushback against the vote continues. At issue in the latest set of filings in the Fifth Circuit is a National Labor Relations Board decision from April […]

With the EPA ‘27 engine rules impacting nitrogen oxide (NoX) emissions in heavy duty vehicles getting closer every day, the new rules will have a major impact on anybody who buys new vehicles…like Ryder. Ryder’s (NYSE: R) third quarter earnings released early Thursday were solid enough that it propelled the stock up 10.49% to $265.53, […]

It was a solid third quarter for Ryder, with improvement in just about every metric compared to the third quarter of 2025. The numbers have been good enough that Ryder (NYSE: R) raised its full-year outlook for 2026. With three quarters in the books, there’s only so much higher it can go. But the company […]

It was hard not to read the quarterly letter to shareholders by Aaron Graft, the CEO of Triumph Financial, and not get a sense that he was taking the first few steps into a victory lap. Triumph’s message to investors for years has been consistent, and it has been amplified every three months in Graft’s […]