Werner Enterprises announced it has acquired FirstFleet, making it the fifth-largest dedicated truckload provider in the U.S.
M&A advisory firm Tenney Group is calling for a spike in transportation and logistics deal activity 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 earnings expectations Thursday after the market closed.
Less-than-truckload rates hit a new high in the fourth quarter while the truckload market displayed “tentative signs of recovery.”
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.
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.
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.
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.
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.
