Knight-Swift cuts Q1 guide; remains upbeat on TL fundamentals
Knight-Swift Transportation lowered its first-quarter outlook, citing headwinds from several nonrecurring items during the period.
Stay Up to Date on the Truckload Industry
Truckload shipping refers to the movement of freight in the amounts necessary to fill an entire semi-truck or intermodal container. This is in contrast to less than truckload (LTL) shipping, where freight from multiple sources is mixed and transported in one truck or shipping container.
Trucking industry regulations change often and are overseen by three different bodies: the Department of Transportation (DOT), the Federal Motor Carrier Safety Administration (FMCSA), and the National Highway Safety Administration (NHTSA). Any of these three agencies may create new rules and regulations for general freight trucking throughout the year. In addition, states can also issue their own general freight trucking regulations.
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Knight-Swift Transportation lowered its first-quarter outlook, citing headwinds from several nonrecurring items during the period.
Management at J.B. Hunt Transport Services pointed to mounting evidence that recent tightening across the truckload market will not be a temporary blip.
J.B. Hunt Transport Services beat first-quarter expectations, reporting record volumes in its intermodal segment.
TA Dedicated announced that it has acquired warehousing and distribution provider Triangle Warehouse.
Elevated diesel prices and ongoing yield improvement efforts by less-than-truckload carriers are expected to push rates to new highs in the second quarter.
Monthly data from Cass Information Systems showed a volume recovery could be in store for an already supply-constrained freight market.
The freight market saw capacity and pricing extremes in March unparalleled since the pandemic, according to a monthly query of supply chain executives.
Fuel price hikes and poor weather overhung the first quarter, but supply-side tailwinds along with improving demand could spell the end of earnings degradation for truckload carriers.
Echo Global Logistics announced it has completed its acquisition of ITS Logistics, creating a $5.2 billion, full-service supply chain services platform.
The State of Freight webinars for several consecutive months have dealt with a new issue each month: a suddenly rising market, regulatory changes or now in the case of the March session, a war in Iran. It has rocked the freight market if for no other reason than the cost of filling a truck has […]
Canadian transportation and logistics provider Andy Corp. announced two acquisitions on Wednesday.
Management from J.B. Hunt Transport Services said shipper attitudes are little changed as truck capacity leaves the market and fuel prices surge.
A Wisconsin-based carrier files for chapter 11 protection.
Knight-Swift Transportation has sold its FleetAero assets to Transtex.
Monthly data from Cass Information Systems showed truckload rates continued to climb in February, even as freight volumes remained pressured.
A new report from Uber Freight signals continuing volatility across trucking and global logistics as spot rates rise and policy shifts reshape supply chains.
February’s Logistics Managers’ Index showed a freight market recovery that is in “full-swing.”
Private equity firm Thoma Bravo agreed to acquire 3PL WWEX Group and merge it with Auctane, a shipping software provider already in its portfolio.
ORLANDO–Derek Barrs received a standing ovation when he completed his address to the Truckload Carriers Association (TCA) and it felt completely spontaneous and genuine. The new administrator of the Federal Motor Carrier Safety Administration spoke to his first TCA annual meeting Monday, fiercely defending the steps that the agency and other parts of the federal […]
RXO has launched Middle Mile Solutions, a single-source service connecting the first, middle and last miles of the supply chain.
Truckload carrier Ace Doran announced it has acquired NHH Services’ Equipment for an undisclosed sum.
Freight broker RXO said the truckload market is seeing “the biggest structural change” since deregulation in 1980.
Capacity attrition and retooled carrier networks could present a challenging bid season for shippers.
TFI International’s estimate for first quarter earnings is reflecting a difficult ongoing quarter.
J.B. Hunt Transport Services said on Tuesday that demand has been slightly ahead of expectations to start the year.
The US LTL operations at TFI International showed some signs of improvement.
The prosecution of NFI CEO Sidney Brown has come to an end in New Jersey.
The Cass Freight Index showed truckload rates advanced again in January even as volumes fell.
New tool allows users to intuitively analyze trucking capacity by geography.
Truckload carrier Pamt Corp. booked a fifth consecutive net loss on Friday.
Truckload stocks have been on a wild ride after signs of an improving spot market were amplified by positive manufacturing data, and then slightly doused by the threat of AI upheaval.
Jim Mullen is slated to head the Truckload Carriers Associaton.
Werner Enterprises is taking steps to restore its one-way unit to profitability by reducing the fleet size and eliminating unprofitable freight.
Werner Enterprises has begun restructuring its one-way fleet, a move announced alongside the reporting of its fourth-quarter results, which fell short of expectations.
Truckload carrier Heartland Express reported another net loss.
The freight market tightened again in January, with transportation prices seeing the fastest growth rate since April 2022.
A long-running lawsuit by drivers against Werner has been settled, and the size of the payout pool revealed.
NFI CEO Brown, whose criminal indictment was tossed last year in New Jersey, saw that decision affirmed on appeal.
Schneider National’s stock was down 16% in after-hours trading on Thursday following a worse-than-expected earnings report.
Broker Landstar System’s fourth quarter was negatively impacted by one prior and two recent tragic accidents.
Werner Enterprises announced it has acquired FirstFleet, making it the fifth-largest dedicated truckload provider in the U.S.
Marten Transport saw improvement sequentially even as year-to-year comparisons remained weak.
Freight broker Landstar System will record several accident-related charges in the fourth quarter.
Knight-Swift Transportation outlines a path to margin recovery in 2026 following a fourth quarter that was worse than expected.
Knight-Swift Transportation misses fourth-quarter expectations.
December data from Cass Information Systems showed truckload rates continued to step higher as shipments moved lower.
J.B. Hunt Transport Services beat fourth-quarter expectations as cost reductions more than offset a revenue decline.
Canada’s Titanium Transportation is going private at a big premium to its Wednesday stock price.
J.B. Hunt Transport Services beat fourth-quarter earnings expectations Thursday after the market closed.
Abilene Motor Express, owned by Knight Swift, will no longer be standalone in the company.
Arkansas-based truckload carrier, USA Truck, has been acquired by a group of current and former leaders.
Susquehanna said truckload’s supply side has the market set up for a recovery but demand will have to kick in at some point to prolong an upcycle.
Transportation capacity was tight in December as companies sold through their inventory positions, a monthly supply chain report said on Tuesday.
MGN Logistics announced that it has acquired expedited carrier Fast Service for an undisclosed sum.
Large carriers didn’t have the appetite for big M&A in 2025, instead focusing on cost cutting and doing more with less.
Biden’s FMCSA buried a FOIA request seeking to link driving schools to fatality data.
Cass’ Truckload Linehaul Index has been up on a year-over-year comparison in every month of 2025.
A Texas jury has handed down a roughly $44 million nuclear verdict, most of which will hit carrier New Prime.
PGT Trucking announced it has acquired fellow flatbed carrier Debrick Truck Line.
Heartland Express announced it will integrate and rebrand Contract Freighters, Inc. in an effort to stem a prolonged stretch of financial losses.
Enterprise Mobility has entered the heavy-truck transportation market with the acquisition of lessor and dedicated provider Hogan.
The next upturn in the trucking industry could be driven by the supply side, a pattern observed in the past three upcycles, according to a report released Monday by Morgan Stanley.
J.B. Hunt Transport Services declined to take a stab at what next year holds at an investor conference this week, but did emphasize that it’s “set up to win” regardless of what the new year brings.
Transportation capacity remained level in November while prices jumped, according to a monthly survey of supply chain managers.
Page Trucking announced it will acquire specialized bulk hauler Goulet Trucking.
Truckload broker RXO said 2025 is likely to end quietly but outlined several catalysts that could produce “freight rate volatility” next year.
Freight shipment declines widened in October, Thursday data from Cass Information Systems showed.
Werner Enterprises said it’s holding the line on dedicated capacity as the industry awaits a turn in the cycle.
Supply chain executives are bracing for higher transportation prices, according to a monthly sentiment survey.
Employee-owned companies Interstate Personnel Services and J&R Schugel agree to join forces.
Heartland Express saw some sequential improvement in operations in the third quarter but said truckload market fundamentals won’t improve until next year.
Shares of Schneider National sank on Thursday after it missed third-quarter expectations and lowered its full-year 2025 outlook.
Truckload carrier Pamt Corp. booked its fourth consecutive net loss in the third quarter.
Truckload broker Landstar System called out some positive catalysts on its third-quarter call with analysts on Tuesday.
Marten was overall profitable in the quarter but its Truckload segment lagged.
DSV announced it will sell USA Truck, an Arkansas-based truckload carrier, as it does not align with the Danish freight forwarder’s asset-light business model.
Knight-Swift Transportation’s third-quarter results and fourth-quarter outlook came in light of expectations on Wednesday.
Cost reductions at J.B. Hunt more than offset a soft demand environment in the third quarter.
Shares of J.B. Hunt surged in after-hours trading on Wednesday after the company posted better-than-expected third-quarter results.
The truckload market took share for a second straight month in September, but overall freight fundamentals remain weak, according to a report from Cass Information Systems.
Third-party logistics provider ATS Logistics Services has agreed to acquire the brokerage operations of Trailer Bridge.
The September Logistics Managers’ Index signaled a negative freight inversion for the second month in a row.
Morgan Stanley lowered earnings expectations for publicly traded truckload and less-than-truckload carriers on Monday.
The TCA is looking for a new chief executive with the plans of current president Jim Ward to step down.
Trimac Transportation announced it has acquired Houston-based chemical hauler Service Transport Company.
Expedited carriers C&M Transport and Barrett Directline have entered a merger agreement.
Paschall Truck Lines’ parent Interstate Personnel Services is looking to add temperature-controlled capabilities to its network with the acquisition of J&R Schugel.
ArcBest talks up numbers at its first investor day since 2015.
PAMT racial harassment lawsuit returns to lower court, challenging prior verdicts in renewed legal battles over racial harassment claims.
Susquehanna analyst Bascome Majors cut earnings forecasts on truckload carriers for the rest of the year as fundamentals remain soft and peak-season expectations are subdued.
H5 transport, a North Dakota-based truckload and LTL carrier, has filed for bankruptcy protection under chapter 11 of the Federal Bankruptcy Code. It continues to operate, according to the court documents filed with the U.S. Bankruptcy Court for North Dakota. According to the company’s data available through the Federal Motor Carrier Safety Administration, H5 is […]
The Cass Freight Index showed year-over-year shipment declines widened in August.
Truckload carrier Werner Enterprises said it’s seeing “positive momentum” in its dedicated and logistics businesses at an investor conference this week.
Werner addresses rumors about hiring Kenyan drivers amid Nebraska-Kenya trade deal buzz..
Freight broker FitzMark announced it has acquired Hometown Logistics.
Money-losing truckload carrier PAMT was in violation of a lender’s covenant at the close of the second quarter.
Fleetworthy’s fleet safety technology enhances safety with Loadsure’s insurance solutions.
Sentiment among supply chain managers regarding transportation capacity and pricing signaled a cooling freight market in August.
A settlement in a New Jersey driver misclassification case involving NFI could provide healthy payouts to some individuals.
Marten Transport announced Tuesday that CEO Tim Kohl is retiring at the end of September and will be replaced by Executive Chairman Randy Marten.