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.
Truckload carrier Pamt Corp. lost money again during the third quarter, pointing to elevated driver procurement costs and a spike in diesel fuel prices as the main culprits, echoing similar challenges across the industry.
Werner Enterprises outlined a path back to mid-cycle margins on a Tuesday evening call, but noted cost headwinds—some transitory and some growth-related—could linger into the first quarter.
Shares of refrigerated carrier Marten Transport dropped 7% in midday trading on Friday after a disappointing third-quarter report, which noted that rising fuel and health insurance costs dragged down performance despite improving supply-demand fundamentals.
Knight-Swift Transportation’s large exposure to the one-way truckload market has it in position to capture double-digit rate increases as its new bid season kicks off next month.
Knight-Swift Transportation beat third-quarter expectations and issued a fourth-quarter outlook that was in line with the consensus estimate.
For the first time since 2023, truckload carrier Heartland Express achieved a net profit that was not driven by large gains from selling equipment and terminals.
Werner Enterprises issued a negative third-quarter earnings preannouncement on Monday, citing higher fuel, driver and insurance claims costs as the culprits.
Following an earnings warning issued a month ago, J.B. Hunt Transport Services posted third-quarter results that modestly exceeded lowered analyst expectations.
According to AFS Logistics and TD Cowen, record third-quarter less-than-truckload rates are projected to rise even higher by the end of the year.
Trucking executives said this week that the regulatory crackdown on noncompliant drivers remains in the early stages, suggesting large carriers could continue to secure significant rate increases even under modest demand.
Cass data showed truckload linehaul rates were up sharply year over year in August, with freight volumes finally inflecting positively after 42 months of decline.
Michigan-based Behnke Dedicated & Logistics has acquired AG Freight for an undisclosed sum, establishing a Southeastern outpost near South Carolina’s Inland Port Greer.
Freight broker RXO reported its truckload spot rate index posted its largest sequential gain in five years during the second quarter, with the strong momentum carrying into the third quarter.
Truckload rates surged in July even as demand remained squishy, monthly data from Cass Information Systems showed.
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.
