J.B. Hunt controlling the controllable into 2026
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.
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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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.
Freight shipment declines accelerated in July but costs again stepped higher, according to a monthly report from Cass Information Systems.
Truck broker Landstar System disclosed the outcome from a Texas jury trial on Wednesday and outlined other likely charges it faces in the third quarter.
Echo Global Logistics announced it has acquired Huntington Beach, California-based 3PL FreightSaver for an undisclosed sum.
Second quarter earnings at RXO showed the growing importance of LTL activity at the brokerage.
Trimac adds to its specialized and flat deck offerings with the acquisition of Searcy Trucking.
An anemic freight recovery carried through July, according to a monthly query of supply chain managers.
Pamt Corp. announced on Monday that its Chief Financial Officer Lance Stewart is taking over as president and CEO.
Schneider National said Thursday it needs more information before weighing in on the potential fallout from a Union Pacific–Norfolk Southern merger.
Werner’s year-on-year comps were tough, but it performed better sequentially in the second quarter.
Spot broker Landstar System pointed to some positive signs after the market closed on Tuesday but noted that the truckload market largely remains challenging.
First Look: Werner’s bottom line numbers for the quarter were impacted by its big win in a nuclear verdict case.
The sequential numbers at TFI in the second quarter were taken as positive by the investment community.
Key metrics are down at TFI but Bedard, in earnings call, touts higher margin.
OneCompass Holdings announced it is acquiring Koleaseco, Inc. and plans to operate the fleet under another portfolio company, Hyway Trucking.
Pamt Corp. booked another net loss in the second quarter with its truckload unit recording a 112.5% operating ratio.
Knight-Swift is controlling the controllable as it awaits a more meaningful market turn.
Knight-Swift Transportation modestly beats second-quarter expectations and provides an inline outlook for the third quarter.
Marten’s second quarter showed some measures of improvement even as it acknowledged the tough freight market.
Werner Enterprises lost on an appeal in a case involving a deaf driver, but the financial stakes were lower than at first.
J.B. Hunt Transport Services’ second quarter comes with few surprises as the multimodal transportation provider navigates the bottom of the cycle.
J.B. Hunt Transport Services reported a largely inline second quarter on Tuesday.
June data from Cass Information Systems showed a decline in shipments but expenditures continued to rise.
AIFleet uses a forum of mostly energy transition investors to tout its AI future for trucking.
Hotlanta’s tender rejections peaked at 11.2%.
The English Language Proficiency (ELP) rule, now in effect, could significantly reduce trucking capacity. For a decade, large truckload carriers have embraced regulations like the ELD mandate and Drug and Alcohol Clearinghouse to limit market capacity, but effects were typically short-lived. The ELP mandate, enforced by a DOT Executive Order, requires commercial drivers to demonstrate […]
Tender rejections are at 6% and rising, two weeks before the holiday.
May data from Cass Information Systems shows continued pressure on freight demand, but carriers are experiencing some pricing relief.
As tariff talk cools, intermodal carriers are becoming more upbeat.
Various transportation metrics maintained recent growth trajectories in May, according to a monthly survey of supply chain managers.
North America’s third-largest full truckload broker, RXO, believes spot rates will continue to step higher.
U.S. Transportation Secretary Sean Duffy on Tuesday signed an order to again require strict enforcement of English language proficiency rules for commercial truck drivers.
Private equity firm Cambridge Capital announced it is combining its majority-owned broker Everest Transportation Systems with fellow 3PL Simple Logistics.
Kenan Advantage Group acquires the largest milk hauler on Canada’s Atlantic Coast.
April data from Cass Information Systems showed some stabilization on the freight industry’s path to recovery.
Morgan Stanley kept its rating on Heartland Express intact despite the company’s recent poor performance.
Truckload carrier Pamt Corp. has announced the resignation of its CEO.
Freight broker Landstar System reported a messy first quarter, dragged down by insurance costs, fraud and stolen cargo.
Transportation metrics were mixed in April, according to the Logistics Managers’ Index.
Bulk liquid hauler Premier Bulk Systems has acquired Canadian peer Longhorn Transportation.
Schneider National is still targeting 2025 as a growth year but not likely as robust as hoped due to trade uncertainty.
Schneider National posted a rare earnings beat in what was a tough quarter for transportation companies.
Werner CEO Derek Leathers held court with analysts on a quarter that was historic, but not in a good way.
Werner Enterprises posted a net loss for the first quarter.
Broker Landstar System has delayed its first-quarter report as it further investigates what it says was fraud tied to an independent agent working under its freight forwarding operation.
Pamt Corp. reported a sixth straight operating loss in its truckload business during the first quarter.
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.
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.
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.
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.
Third-party logistics provider FitzMark announced the acquisition of brokers High Point Logistics and Pentonix Freight.
Freight data from Cass Information Systems shows the industry closed the first quarter on a down note.
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.
The TD Cowen/AFS Freight Index showed recent trends in truckload and less-than-truckload pricing will continue for another quarter.
A supply chain sentiment survey logged its third-fastest rate of decline during March, with transportation datasets seeing further cooling.
Susquehanna Financial Group lowered its earnings forecasts for the truckload, intermodal and logistics companies it follows.
An internal memo at liquid bulk hauler MC Tank Transport shows the company has been sold to Kenan Advantage Group.
Cass data for February showed a bounce back in shipments after a messy January, but uncertainty now hangs over a tepid demand environment.
Kenan Advantage Group has acquired Mobile, Alabama-based Evergreen Transport for an undisclosed sum.
Supply chain managers stockpiled goods again in February in efforts to outrun looming tariffs.
In dismissing the case against NFI CEO Sidney Brown, the New Jersey judge took aim at some of the charges against him.