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.
View our truckload freight indexes or learn more about the future of truckload freight.
Werner Enterprises is looking past July’s seasonal slowdown and gearing up for this year’s peak season, which will have the added benefit of higher rates.
Truckload carrier Pamt Corp. is still culling its fleet to get back to profitability.
Trimac Transportation announced it has acquired bulk food-grade logistics provider California Freight.
The transportation market remained very tight in July, despite a modest slowdown from a seasonally stronger June.
Truckload carrier Heartland Express returned to profitability in the second quarter, driven by gains from equipment sales.
Covenant stock tumbled after its earnings report, but management is defending its strategy.
Truckload carrier Schneider National raised its full-year earnings outlook by 18% after easily beating second-quarter expectations.
Refrigerated carrier Marten Transport said a significantly tighter capacity environment is allowing it to improve freight selection and push rates higher.
Knight-Swift Transportation said the rapid improvements in truckload fundamentals that occurred in the second quarter will likely accelerate starting in September and continue throughout peak season.
Knight-Swift Transportation noted considerable acceleration in truckload fundamentals during the second quarter.
Freight shipments softened in June but truckload rates continued to step higher year over year, according to a monthly report from Cass Information Systems.
J.B. Hunt Transport Services blew past analysts’ second-quarter forecasts on Wednesday, sending shares up 9% in after-hours trading.
Trucking rate indexes jumped during the second quarter and are expected to reach new highs in the third quarter.
Trucking analysts are raising estimates ahead of the second-quarter earnings season, which begins next week.
Tightness across the freight market eased only slightly in June.
Schneider National announced additional leadership changes and promotions on Monday as part of a previously announced succession plan.
International Longshore and Warehouse Union workers called the first strike in decades against a major California sugar processor.
Private equity firm Quad-C has invested in Armstrong Transport Group as the freight brokerage plans for rapid growth.
Recent acquisitions by AmeriLux Transportation, ANDY Corp. and Imperative Logistics highlight continued consolidation across North America’s logistics sector.
TFS and WEX are targeting owner-operators and large fleets with a new financing program for trucks, trailers and other assets.
