Covenant Logistics predicts ‘delay’ in improved freight market
Covenant Logistics Group said economic uncertainties may push back freight market improvements.
Covenant Logistics Group said economic uncertainties may push back freight market improvements.
Prologis said Thursday that a new electric vehicle charging platform will let users circumvent utility connectivity issues in markets where infrastructure is lagging.
Brad Jacobs’ QXO has a non-investment-grade debt rating in its first review by the two biggest ratings agencies.
Pamt Corp. reported a sixth straight operating loss in its truckload business during the first quarter.
UPS is expanding its precision logistics capabilities in the pharmaceutical and life sciences sectors with an agreement to purchase Andlauer Healthcare Group in Canada.
Knight-Swift Transportation said some customers are delaying decision making and others are drawing down inventories as the market awaits some resolution on U.S. trade policy.
TFI’s earnings release late Wednesday didn’t have much good news for its U.S. LTL operations.
Covenant Logistics Group’s first-quarter revenue declined 3% year over year to $269.4 million.
Knight-Swift Transportation lowered its second-quarter outlook and didn’t provide third-quarter guidance due to a “fluid trade policy,” which is weighing on customer decision making.
The Trump administration is looking into the effect of what it deems predatory trade practices on the competitiveness of the U.S. truck industry.
Old Dominion Freight Line is only modestly altering near-term plans as it looks to take market share during the next less-than-truckload upswing.
Investors liked the earnings report from Ryder, even though its gains over the 12 months were limited.
Old Dominion Freight Line beat first-quarter expectations on Wednesday but lowered its capex budget as demand weakness lingers.
Nuvocargo has acquired South Carolina-based Merge Transportation, a 3PL offering transportation solutions across the U.S.
Tesla had revenue of $19.3 billion and earnings of 27 cents per share in the first quarter.
The country’s most reliable source of freight is slowing down.
Freight forwarder AIT Worldwide Logistics announced it has acquired a Miami-based forwarder.
OOIDA made its case before a three-judge panel of the 9th U.S. Circuit Court of Appeals as it fights alone against California’s AB5 applying to trucking.
FreightWaves acquires PostalMag.com, adding to its suite of niche industry coverage for transportation and logistics.
Citing tariffs and other factors, Volvo Trucks layoffs could total 1,000 manufacturing jobs across US
A majority of trucking companies in Canada say they have lost or had to delay loads to the U.S. since new tariffs were imposed.
Forward Air on Monday updated its first-quarter expectations for a second time.
House lawmakers have introduced bipartisan legislation to ease regulatory restrictions on haulers of dry goods such as flour and grain.
The FMCSA says it does not have to correct a federally funded study that an insurance group claims underestimates the safety benefits of side underride guards.
Mack Trucks will eliminate up to 450 jobs at facilities in Pennsylvania and Maryland due to tariffs and economic uncertainty.
The State of Freight webinar focused on a market that is coming to terms with a raging trade war.
Mexico tops Canada and China as the No. 1 U.S. trade partner during February with more than $68 billion in trade.
Q1 earnings season is upon us, with early results pointing to continued degradation in truckload carriers’ financial health. Wisconsin-based Marten Transport released its Q1 earnings on Wednesday, but with publicly traded companies timing is everything.
The U.S. Department of Transportation is partially funding an $8.8 million project promoting adoption of autonomous truck platooning technology in the Midwest.
A UPS white paper promotes the benefits of traditional express carriers over gig logistics providers, but the TD Cowen/AFS Logistics Freight Index shows why businesses might like the lower prices from newer last-mile providers.
Another broker liability case is now before a federal appeals court, increasing the chances the issue will go before the Supreme Court.
Even in the midst of a sharp drop in his company’s stock price and a freight market that is not supporting the bottom line at Triumph Financial, CEO Aaron Graft touted milestones reached and signaled a new aggressiveness in pricing the company’s products. In his quarterly letter to investors released in conjunction with the company’s […]
A family-owned and -operated Florida trucking company has announced it will close after 44 years in business.
Investment firm Stonepeak has acquired energy-focused transportation and logistics company Dupre Logistics.
Marten’s earnings showed a truckload carrier fighting a tough market with little sign of improvement.
FedEx has added another link to its deferred air cargo network with regularly scheduled all-cargo flights from Singapore to Alaska.
Logistics warehouse operator Prologis reiterated its 2025 guidance on Wednesday but noted that uncertainty around a volatile trade landscape has customers delaying leasing decisions.
J.B. Hunt Transport Services said it’s remaining rate-disciplined on the intermodal front, allowing some business to walk as it works to improve yields and margins in the segment.
J.B. Hunt Transport Services’ first-quarter earnings result came in ahead of recently lowered forecasts.
WASHINGTON – A brake-light technology company focused on reducing rear-end truck crashes got another boost from regulators with a ruling that two private fleets can deploy its equipment even though it is at odds with current rules. Intellistop, which makes a module that briefly pulses a truck’s brake lights immediately after the brakes are engaged, […]
With the technology and knowledge available today, there’s no excuse for not taking decisive action against distracted driving
A New Jersey woman faces years in prison after she pleaded guilty to stealing $4 million from her trucking company employer.
Kodiak Robotics announced Monday it has entered into an agreement with Ares Acquisition Corp. II, a publicly traded special purpose acquisition company.
The CEO of Truckstop said in an interview that fighting freight fraud is challenging given that nobody goes to jail over it.
Third-party logistics provider FitzMark announced the acquisition of brokers High Point Logistics and Pentonix Freight.
The National Transportation Safety Board has issued a preliminary report for its investigation into a deadly semitruck crash on Interstate 35 in Austin, Texas, last month.
Freight data from Cass Information Systems shows the industry closed the first quarter on a down note.
It was AI all the way at the Transportation Intermediaries Association conference as companies rolled out new solutions to aid the brokerage community.
Samsara report examines causes and impacts of distracted driving Technology and telematics provider Samsara released a report on Tuesday that looked at what causes distracted driving and solutions for it. The report included over 1,500 commercial driver respondents. A major theme was that distracted driving is widespread, with text messaging and social media usage as […]
WASHINGTON — The Federal Motor Carrier Safety Administration has voided thousands of medical examiner certificates issued by two Houston-area doctors, putting the livelihoods of over 15,000 commercial drivers at risk. A “high volume” of physical examinations performed by Dr. Jenny Le (Medical Examiner National Registry No. 4762579227) and Dr. Dustin Mai (National Registry No. 7120983977) […]
WASHINGTON — U.S. Rep. Josh Brecheen is again leading the charge to keep regulators from capping truck speeds below the legal limits posted on highways and interstates. The Deregulating Restrictions on Interstate Vehicles and Eighteen-Wheelers (DRIVE) Act, introduced on Thursday by the Oklahoma Republican, would prohibit the Federal Motor Carrier Safety Administration from requiring that […]
Amazon has announced an inbound-only less-than-truckload service providing vendors that can’t fill a full trailer with a cheaper option to ship freight to its distribution centers.
U.S. parcel volumes hit a record in 2024, but new competitors like Amazon, Walmart and OnTrac are eroding the market share of FedEx and UPS, a new report says.
Freight fraud was the consistent theme at the opening session of the annual meeting of freight brokerage’s biggest group, the Transportation Intermediaries Association.
The U.S. Postal Service is recommending mail and postcard rates be increased about 5 cents to 7 cents, depending on the type of mail.
Mack Trucks went big to introduce its new long-haul truck, the Pioneer, launching it in New York City.
U.S. Trade Representative Jamieson Greer told House lawmakers that the United States-Mexico-Canada Agreement will alleviate potential supply chain disruptions in the auto industry.
On episode 824 of WHAT THE TRUCK?!? Dooner is waking up with the rest of the world to the new tariff world order. With reports of ocean bookings plummeting, small shippers getting hit with customs bills they can’t afford, and financial markets in disarray – how bad will freight get hit? Junction Collaborative Transport COO […]
The strength in ocean bookings today will not translate into domestic freight volumes until May at the earliest.
Low-value shipments from China to the United States are expected to plunge in May when their eligibility for duty-free status ends and new tariffs of 104% are applied to e-commerce orders.
Forward Air said Wednesday that 10% to 15% of last year’s revenue would have been impacted by the new tariffs.
C & C Freight Network, Best Choice Trucking and Best Logistics Inc. each filed for Chapter 11 bankruptcy protection Monday.
New legislation aims to crack down on fraud that drives up insurance costs for the trucking industry.
The TD Cowen/AFS Freight Index showed recent trends in truckload and less-than-truckload pricing will continue for another quarter.
Despite pushback from safety groups, FMCSA is allowing a private fleet owner to continue its sleeper berth exemption until 2030.
A subsidiary of Iowa-based CRST The Transportation Solution Inc. will pay $100,000 to a job applicant who claims the company rescinded a job offer over the applicant’s criminal history.
UPS has changed the name of its SurePost economy service, which it used to manage in conjunction with the U.S. Postal Service.
Cargado, a load board for cross-border U.S.-Mexico freight, has secured $12 million in a Series A funding round.
Amazon has restructured its air network to accommodate the need for fewer short-haul package flights and a new clientele of shippers with heavy freight.
Less-than-truckload stocks bore the brunt of Liberation Day tariffs, falling 18% on average following the announcement and adding to an already down year.
Less-than-truckload carrier Saia has restructured its customer service function and will now have local terminals rather than remote representatives handle the inbound.
Now playing on WHAT THE TRUCK?!? Dooner is joined by ABT and Total Truck Branding
Truck transportation jobs in March rose by the largest amount since the start of 2022.
The Trump administration is ratcheting up regulation of e-commerce shipments from China by removing a pathway for duty-free, expedited entry that critics say has been exploited by drug gangs and counterfeiters to smuggle illegal products into the U.S.
Independent owner-operator pay rose in 2024 but not by a lot, according to the president of ATBS.
Illinois-based LTI Trucking Services notified its 250 drivers Wednesday that the company was closing immediately.
Nationwide truckload carrier C.R. England recently announced it has chosen safety and telematics provider Lytx to equip its 3,500-truck fleet with driver-facing cameras.
Trump eases pain on trucking and rail by excluding from reciprocal tariffs goods that comply with the United States-Mexico-Canada Agreement.
Supply chain visibility topped a relevancy survey of logistics providers by shipping giant Maersk, while AI brought up the bottom of the list.
Ten-year Treasury yields fell below 4% in a classic flight to safety.
While businesses continue to play a role in setting trends, consumers are now the driving force behind product demand.
Turvo said Thursday that SMC3’s less-than-truckload freight management tools can now be accessed through its TMS.
Choosing the right TMS platform is not just a matter of convenience; it’s a strategic decision that can significantly impact a trucking company’s bottom line.
Proficient Auto Logistics has acquired a Pennsylvania auto hauler.
Truckers are getting a new opportunity to tell the Trump administration what regulations are hurting their business.
Vertical Cold Storage has acquired Arctic Logistics and its warehouse serving the Detroit-Ontario, Canada, region.
Now on demand Dooner is joined by Bissinger’s Dan Abel Jr.; XPO’s Alyssa Briggs
The difficulty in comparing “hard” versus “soft” data is that sentiment influences decisions that will eventually bear out in the hard data.
A truck driver has won a victory at the U.S. Supreme Court in a case that traces back to a failed marijuana test.
Rapid policy decisions are transforming freight flows.
The freight and transportation industry saw another big round of layoffs at the end of the first-quarter.
Cold storage facility operator Lineage has acquired Bellingham Cold Storage and its three warehouses.
A supply chain sentiment survey logged its third-fastest rate of decline during March, with transportation datasets seeing further cooling.
Businesses would be required to treat truck drivers like their own employees when it comes to bathroom facilities if Congress can get a law passed.
Why More Trucks Won’t Fix the Problem – And Could Actually Wreck the Spot Market A new bill just dropped in Washington – the Strengthening Supply Chains Through Truck Driver Incentives Act – and it’s being pitched as a solution to fix the “driver shortage,” unclog the supply chain and lower costs for American families. […]
Federal trucking regulators have declined to investigate whether truck trailers built without side guards should be deemed unsafe.
A UPS modernization project will require its Portland, Oregon, package hub to temporarily close for more than a year, putting some jobs at risk.
Details around final distributions to Yellow Corp.’s creditors are out, but the company’s largest shareholder may not be on board.
Now on demand on WHAT THE TRUCK?!? Dooner is joined by Elizabeth Simpkins; Charles Bowles; Ben Tschirgi
Germany’s DHL Group is acquiring U.S.-based CryoPDP to boost its health care logistics business.