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.
