Proficient Auto Logistics announced an acquisition that will double the size of its network, which operated unprofitably in the second quarter.
Forward Air reported its best quarterly performance since its early 2024 acquisition of Omni Logistics.
GXO Logistics reported higher second-quarter revenue and earnings, highlighted by its strongest quarter for new business wins in three years.
Lineage has idled 15 cold storage facilities since last year to address a pandemic-driven industrywide warehouse overbuild.
Truckload carrier Pamt Corp. is still culling its fleet to get back to profitability.
GXO Logistics posted its strongest Q2 in three years as revenue increased 4.3% year over year to $3.4 billion.
July’s manufacturing data showed strength not seen in the past four years, a trend that bodes well for less-than-truckload carriers.
Aurora Innovation said it expects to reach an $80 million TaaS revenue run-rate by year-end, detailing the per-mile revenue outlook for both business models ahead of a planned 2027 shift to driver-as-a-service. The company reported a $270 million second-quarter loss.
Truckload carrier Heartland Express returned to profitability in the second quarter, driven by gains from equipment sales.
Truckload carrier Schneider National raised its full-year earnings outlook by 18% after easily beating second-quarter expectations.
Shares of less-than-truckload carrier Saia fell on Thursday as a weaker-than-expected third-quarter margin outlook overshadowed a second-quarter report that surpassed expectations.
Less-than-truckload carrier XPO is seeing the fruits from several initiatives focused on improving freight selection, raising yields and streamlining workflows.
ArcBest’s second quarter highlighted improvements in operations across its business units.
Landstar System said the truck brokerage market has begun to reshape in the wake of the Supreme Court’s broker liability ruling.
Refrigerated carrier Marten Transport said a significantly tighter capacity environment is allowing it to improve freight selection and push rates higher.
Tesla reported 26% revenue growth and reaffirmed plans to begin Semi production this year despite sharply higher investment spending.
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.
Forward Air announced Tuesday that it will keep at least half of an account representing 10% of its annual revenue.
Transportation and logistics provider ArcBest announced it is cutting 2% of its workforce and closing 10 less-than-truckload terminals.
Logistics warehouse operator Prologis said leasing activity was at an all-time high during the second quarter.
Logistics warehouse operator Prologis reported record leasing activity in the second quarter.
As shippers migrate toward high-quality transportation providers, J.B. Hunt Transport Services comfortably surpassed expectations for the second quarter.
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.
DHL has raised 2026 guidance behind strong logistics demand and second-quarter results.
Manufacturing activity grew for a sixth straight month in June, providing another tailwind to an already supply-constrained trucking market.
A reefer unit burns its own diesel. Anyone who runs refrigerated freight knows this, because they are paying for two fuel burns on every load: the diesel that moves the truck down the road, and the separate diesel that runs the refrigeration unit on the trailer keeping the freight cold. Both come out of the […]
Some shippers are being forced to reprice their entire book as contractual truckload rates set just a couple of months ago are no longer being honored.
Truckload carriers appearing at an investor conference this week laid out the thesis for a sustained period of rate recovery.
ArcBest announced Monday a 5.9% general rate increase for less-than-truckload services, which is about six weeks ahead of the timing of its 2025 rate bump.
Samsara raised its full-year outlook as it inks new contracts with customers active in the buildout of data centers and public infrastructure.
ArcBest raised operating income expectations for both of its business units.
Descartes reported better-than-expected results in its latest quarter as customers use its tools to navigate a changing trade landscape.
Less-than-truckload carrier XPO seems set to exceed its second-quarter tonnage projection based on the company’s May update.
Old Dominion Freight Line’s May operating results saw a meaningful improvement from April, as less-than-truckload demand appears to be firming.
The Headline Number: Spot Rates Hit an All-Time Record Craig Fuller set the tone in the opening minutes, and the data backed it up at the close. The SONAR National Truckload Index, which tracks daily spot rates inclusive of fuel, hit 383, an all-time record. Fuller, a self-described rate nerd from a trucking asset background, […]
Saia is poised for significant tonnage increases as its prior-year comparisons ease and demand appears to be firming.
The nation’s largest less-than-truckload carrier, FedEx Freight, began trading as a standalone company on Monday.
Hub Group announced that its chief financial officer and chief operating officer have departed as it works to restate financial results following an accounting error.
Temperature-controlled warehouse operator Americold announced a new expense-reduction initiative.
Freight broker RXO is seeing better-than-expected spot market trends in the second quarter.
Executives at J.B. Hunt Transport Services said at an investor conference this week that truckload rates are likely to increase 20% over the next two years as carriers restore margins.
Hub Group said Tuesday that the scope of a previously identified accounting error has necessitated the restatement of financial results for additional periods.
Kodiak AI posted 74% Q1 2026 revenue growth to $1.8M and expanded its customer-owned driverless fleet to 28 trucks. The company logged over 23,500 paid hours in the quarter alone and raised $100M to fund scaling.
Third-party logistics provider Radiant Logistics beat quarterly expectations on Monday.
The U.S. Postal Service made strides in the second quarter reducing heavy losses, but has a long way to go to become profitable.
Forward Air’s stock was off more than 40% on Friday after it said it may lose a large customer and that a take-private bid for its entire enterprise had failed to materialize.
Trimble posted stronger-than-expected first-quarter earnings and lifted guidance amid growth in transportation software.
Temperature-controlled facility operator Lineage said the market is stabilizing as customer food inventories return to normal levels.
GXO Logistics CEO Patrick Kelleher said Amazon’s new supply chain services validate — rather than threaten — the long-term growth opportunity in outsourced logistics.
GXO Logistics reported first quarter revenue of $3.3 billion, up 10.8% year over year.
Pamt Corp.’s first-quarter real estate gain helped offset a loss in its core truckload operation.
Universal logistics’ intermodal struggles overshadow contract logistics growth, pushing the company into a quarterly loss.
Schneider National said price renewals are currently at the highest levels since 2021 and that it expects to capture mid- to high-single-digit increases on one-way contracts this year.
Schneider National beat first-quarter expectations and reiterated its full-year earnings outlook.
Self-help initiatives at XPO are being met with better demand, pushing the less-than-truckload carrier’s financial results meaningfully higher.
Less-than-truckload carrier Saia’s margins appear to be turning the corner following a multiyear expansion.
XPO saw improving trends in its less-than-truckload unit during the first quarter, with margin improvement outpacing normal seasonal patterns.
Amazon’s first quarter revenues rises 17% during the first quarter to $181.5 billion, boosted by e-commerce sales across North America and Europe.
Old Dominion Freight Line said the less-than-truckload demand picture is improving.
Old Dominion Freight Line exceeded first-quarter estimates, noting freight demand improved as the quarter progressed.
Broker Landstar System said Tuesday that the truckload market is in the early stages of an upcycle, noting revenue per load is trending well ahead of normal seasonal patterns.
Werner’s Q1 results highlight early signs of a freight recovery, with rising rates and shrinking capacity setting up stronger earnings in the second half.
ArcBest is seeing some positive signs as carriers gain the upper hand in negotiations.
ArcBest beat first-quarter expectations Tuesday before the market opened.
Covenant Logistics points to a tightening driver market and stronger demand as early signs of a truckload rebound.
Covenant Logistics Group Truckload sees momentum building after weather and fuel headwinds weigh on first quarter results.
Truckload carrier Heartland Express sees improving market fundamentals as a financial tailwind in the back half of this year.
Knight-Swift Transportation said the truckload market has fundamentally shifted with little help from demand.
Tesla says its long-delayed Semi will begin production this year, signaling a slow but critical ramp into the freight market.
Knight-Swift Transportation upped its rate expectations for bid season.
The maintenance cost story in trucking has been quietly telling the truth about the freight recession in a way that spot rates and load volumes never fully captured. When freight slows down, trucks run fewer miles, which means fewer service events per truck per month. The Q4 2025 Decisiv/TMC Parts and Labor Service Benchmark Report […]
If you have been running the load board for the past three years, you know what the bottom felt like. Loads sitting for hours. Brokers lowballing you on every call. Rates that barely covered fuel, let alone the truck payment. That was the freight recession — and it held from 2022 through most of 2025. […]
Warehouse operator Prologis said customer leasing intentions are undeterred as energy prices rise and interest rates remain elevated.
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.
Warehouse operator Prologis reported record lease signings in its logistics business during the first quarter.
J.B. Hunt Transport Services beat first-quarter expectations, reporting record volumes in its intermodal segment.
FedEx Freight outlined financial targets and operational initiatives ahead of a June separation from parent FedEx Corp.
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.
Most truckers track spot rates. Some track load-to-truck ratios. A smaller number pull freight data every week. Not many are watching the pallet Producer Price Index or the American Forest & Paper Association’s monthly packaging report — which is exactly why understanding those two numbers right now puts you ahead of most of the market. […]
Hub Group said it received a deficiency notice from Nasdaq for failing to timely submit 2025 financial results after discovering an accounting error.
FedEx Freight was again a drag on FedEx Corp.’s consolidated results, which came in ahead of expectations.
Management from J.B. Hunt Transport Services said shipper attitudes are little changed as truck capacity leaves the market and fuel prices surge.
Samsara won a $30.3 million arbitration award over false-advertising claims tied to AI dashcam studies, while the ITC cleared Motive of patent infringement and ended any import-ban threat. Other cases remain pending.
Universal Logistics reported sharply lower Q4 revenue and earnings as freight demand softened and losses in intermodal dragged on overall results.
Let’s start with something that sounds simple but changes everything about how you should read the freight market: retail is the engine that drives truckload freight. Not manufacturing alone. Not energy. Retail. When Americans buy things — clothes, furniture, electronics, appliances, home goods, groceries — those products move on trucks. Multiple times. From a factory […]
Supply chain SaaS provider Descartes reported another record financial performance as tariff uncertainty pushes the top line higher.
ArcBest’s February update displayed stable results for its less-than-truckload segment, while its outlook for asset-light operations improved.
An update from Old Dominion Freight Line showed volume and revenue declines slowed in February.
Less-than-truckload carrier Saia’s tonnage declines moderated in February, with volumes remaining higher on a two-year-stacked comparison.
XPO sees tonnage return to positive territory in February.
Cold storage facility operator Lineage sees 2026 as a transition year now that new builds are slowing and inventory drawdowns have passed.
Forward Air said it is “nearing the conclusion” of a strategic review, which investors called for following the company’s controversial merger with Omni Logistics.
Capacity attrition and retooled carrier networks could present a challenging bid season for shippers.
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.
GXO Logistics expects North American freight demand to remain stable in 2026, guiding for flat volumes while leaning on new contract wins.
