Industry News

News from the world of Trucking

• As the market turns, broker stress tests are already underway    (2026-02-07)
  The freight market has spent the better part of two years grinding along the bottom, offering little relief to brokers operating on thin margins and tighter credit. But as early signals suggest the cycle may finally be inflecting upward, recent earnings calls from RXO and C.H. Robinson offer a timely warning: a rising market does […] The post As the market turns, broker stress tests are already underway appeared first on FreightWaves.
• Trucking by the Numbers: Annual Stats Guide now live in interactive format    (2026-02-07)
  Our 2025 statistics guide provides industry members with insights on how Canada’s freight sector weathered a challenging year filled with uncertainties— and what carriers can expect in 2026. From equipment […]
• ACT Expo 2026 embraces the digital frontier for commercial fleets    (2026-02-06)
  Connected vehicles, ADAS safety tech, autonomous advancements and software-defined vehicles drive innovation The post ACT Expo 2026 embraces the digital frontier for commercial fleets appeared first on FreightWaves.
• Paladin Capital files for Chapter 11 as trucking portfolio unravels    (2026-02-06)
  Paladin Capital’s Chapter 11 filing ties together recent truck carrier shutdowns at Robert Bearden Inc. and Quickway Transportation. The post Paladin Capital files for Chapter 11 as trucking portfolio unravels appeared first on FreightWaves.
• Walmart Invests $330M to Update Louisiana Distribution Center    (2026-02-06)
  Modernization is slated to start next year at Walmart's Opelousas distribution center near Interstate 49 and U.S. Route 190. The facility is located some 60 miles west of Baton Rouge.
• Cruz Advocates for National Autonomous Framework    (2026-02-06)
  Congress’ upcoming highway policy measure would be an ideal fit for federal guidance specific to autonomous vehicles, says the chairman of the Commerce Committee on freight policy.
• Increased Amazon flight activity boosts Sun Country cargo revenue    (2026-02-06)
  Sun Country Airlines generated record cargo revenue last quarter as its Amazon flying business took off. The post Increased Amazon flight activity boosts Sun Country cargo revenue appeared first on FreightWaves.
• Love’s to Add 1,500 Parking Spaces, 20 Locations in 2026    (2026-02-06)
  The additions will raise Love’s truck parking space total to 52,000 spots nationwide by the end of 2026, the company said. Love’s currently operates 669 locations in 42 states.
• Werner Shifts Away From One-Way During Tough Q4    (2026-02-06)
  “We see signs of encouragement for the industry and Werner as we move into 2026,” Werner CEO Derek Leathers said during a call with investors.
• Tight Truckload Capacity Among Factors in RXO's Q4 Net Loss    (2026-02-06)
  Asset-light transportation provider RXO reported significant sales momentum in Q4 2025, despite the current freight environment, as truckload capacity continued to tighten.
• Longhaul truck driver pedals through workdays with cycling passion    (2026-02-06)
  Shawn Cranwell loves using pedals on both his 18-wheel big rig and two-wheel bike. The longhaul truck driver slips smoothly between horsepower and manpower on the road while earning a […]
• EXCLUSIVE: BlackRock could bid for largest New York container terminal    (2026-02-06)
  The world’s largest asset manager could back an effort by the world’s biggest container line to buy the busiest container terminal at the leading U.S. East Coast port. The post EXCLUSIVE: BlackRock could bid for largest New York container terminal appeared first on FreightWaves.
• How St. Christopher Fund supports drivers beyond emergencies and its record-breaking support from TravelCenters of America    (2026-02-06)
  TravelCenters of America’s (TA) most recent charity golf tournament did more than set a fundraising record. It showed that industry support for driver health and hardship relief is not only growing, but becoming more intentional. The tournament raised more than $100,000 for the St. Christopher Truckers Relief Fund, the largest single-year contribution since the partnership […] The post How St. Christopher Fund supports drivers beyond emergencies and its record-breaking support from TravelCenters of America appeared first on FreightWaves.
• Shares of Hub Group tank on accounting error    (2026-02-06)
  An accounting error at Hub Group has placed its financial statements for the first three quarters of 2025 under review. The post Shares of Hub Group tank on accounting error appeared first on FreightWaves.
• FBI details double-brokering cargo theft scheme in felony charges for driver    (2026-02-06)
  The FBI charged a Jamaican national with cargo theft, and the allegations detail a double-brokering scheme that fooled shippers...
• Arrive Logistics trims Toronto headcount as it retools Canadian operations    (2026-02-06)
  Arrive Logistics trimmed its staff at its Toronto office as part of a strategic retooling of its Canadian operations. The post Arrive Logistics trims Toronto headcount as it retools Canadian operations appeared first on FreightWaves.
• No English-proficiency out-of-service orders in ‘border commercial zones’: FMCSA    (2026-02-06)
  New FMCSA guidance clarifies that no driver cited for an ELP violation in a U.S-Mexico border commercial zone, regardless of where...
• Another tough quarter so RXO emphasizes its AI tools, spot market growth    (2026-02-06)
  RXO’s fourth quarter was tough but it is focusing on a longer-term message. The post Another tough quarter so RXO emphasizes its AI tools, spot market growth appeared first on FreightWaves.
• FMCSA taking comments on industry-wide ELD exemption    (2026-02-06)
  Federal regulators are weighing a proposal to allow drivers to ditch ELDs for paper logs, potentially ending the digital mandate for small carriers. The post FMCSA taking comments on industry-wide ELD exemption appeared first on FreightWaves.
• Cummins Weighs Stronger Prospects for EPA 2027 Pre-Buy    (2026-02-06)
  A rosier picture is certainly welcome after what Cummins Chief Financial Officer Mark Smith called “a long dry spell” for the heavy-duty truck sector in North America.
• Waymo Says Genie 3 Simulations Can Boost Robotaxi Rollout    (2026-02-06)
  Alphabet’s Waymo said it is using DeepMind’s Genie 3 AI model to create realistic, digital worlds for its autonomous driving technology to train on edge-case scenarios.
• Werner Enterprises restructuring one-way fleet    (2026-02-06)
  Werner Enterprises is taking steps to restore its one-way unit to profitability by reducing the fleet size and eliminating unprofitable freight. The post Werner Enterprises restructuring one-way fleet appeared first on FreightWaves.
• Owner-op Danny Works' 2001 Freightliner FLD120 hauls heavy    (2026-02-06)
  Owner-operator Works pilots the rig on a dedicated heavy-haul run moving steel coils.
• UPDATE: Georgia-based carrier with 128 drivers files for Chapter 11 bankruptcy    (2026-02-06)
  Georgia-based regional carrier Robert Bearden Trucking has filed for Chapter 11 bankruptcy protection. The post UPDATE: Georgia-based carrier with 128 drivers files for Chapter 11 bankruptcy appeared first on FreightWaves.
• Feds went on-terminal for Indiana’s chameleon carrier crash—what happens next?    (2026-02-06)
  The agency confirmed investigators visited the carrier linked to a deadly Indiana crash and a massive chameleon network. But the enforcement pathway matters more than the headline. The post Feds went on-terminal for Indiana’s chameleon carrier crash—what happens next? appeared first on FreightWaves.
• Exxon, Chevron Want In as Trump Remakes Global Oil Market    (2026-02-06)
  The U.S. is backing Exxon and Chevron as they negotiate in Venezuela, Iraq, Libya, Algeria, Azerbaijan and Kazakhstan, according to public announcements and people familiar with the talks.
• REAL-ID, Mail-Order CDLs, and America’s CDL Free-for-All.    (2026-02-06)
  A Mexican licencia federal de conductor can be obtained without a behind-the-wheel road test. Third-party brokers advertise mail-order processing for as little as $200. Under existing reciprocity agreements, that license can be converted to an American CDL in states that accept foreign credentials, and at least six of those states have been flagged by FMCSA for failing to verify the legal presence of non-domiciled applicants. The post REAL-ID, Mail-Order CDLs, and America’s CDL Free-for-All. appeared first on FreightWaves.
• BYD’s $60B Wipeout Points to Deeper Turmoil for China EVs    (2026-02-06)
  BYD’s Hong Kong-listed shares are down this week after disappointing sales data, extending a selloff that has shaved off more than $60 billion in market value since May.
• Stellantis Takes $26 Billion in Charges Tied to EV Retreat    (2026-02-06)
  Stellantis CEO Antonio Filosa blamed predecessor Carlos Tavares for going all-in on electric vehicles and failing to respond to shifts in the marketplace.
• USPS quarterly parcel volumes fall 12% as e-commerce plan implemented    (2026-02-06)
  The U.S. Postal Service saw quarterly adjusted operating income tumble by nearly two-thirds as parcel volume fell by double digits and revenue contracted during the peak shipping season. The post USPS quarterly parcel volumes fall 12% as e-commerce plan implemented appeared first on FreightWaves.
• Toyota Names Kenta Kon as Next CEO in Surprise Announcement    (2026-02-06)
  Kenta Kon, 57, on Feb. 6 was unexpectedly announced as the next CEO of Toyota, to replace Koji Sato, who will become vice chairman in April after three years in the role. 
• When drivers say no: Truckers speak out about unsafe working conditions    (2026-02-06)
  Truck drivers describe being pressured to operate in unsafe environments and explain what drivers can do when safety is put at risk. The post When drivers say no: Truckers speak out about unsafe working conditions appeared first on FreightWaves.
• Deportation closer for driver in Humboldt Broncos bus crash: Lawyer    (2026-02-06)
  A lawyer for the truck driver who caused the deadly Humboldt Broncos bus crash says his client is one step closer to being deported to India. Lawyer Michael Greene says […]
• Truck Parking Club hits 4,000 locations, targets 10,000 by year-end    (2026-02-06)
  Chattanooga-based platform adds 1,000 spots in three months as major carriers embrace private parking marketplace The post Truck Parking Club hits 4,000 locations, targets 10,000 by year-end appeared first on FreightWaves.
• Freight market tightens in Q4 despite subdued volumes, U.S. Bank data shows    (2026-02-06)
  Spot and contract rates climb amid tighter capacity and stricter regulatory pressures on carriers The post Freight market tightens in Q4 despite subdued volumes, U.S. Bank data shows appeared first on FreightWaves.
• First look: Tough market for brokers evident in RXO 4Q earnings    (2026-02-06)
  The first look at RXO’s fourth quarter earnings show the impact of a bad market for brokers. The post First look: Tough market for brokers evident in RXO 4Q earnings appeared first on FreightWaves.
• FMC fines MSC millions for Shipping Act violations    (2026-02-06)
  Mediterranean Shipping Company earned a substantial fine from the Federal Maritime Commission for three separate Shipping Act violations. The post FMC fines MSC millions for Shipping Act violations appeared first on FreightWaves.
• No HOS violations, no ELD required: New trucking group seeks mandate exemption    (2026-02-06)
  The newly-formed Federation of Professional Truckers is petitioning FMCSA for an exemption from the ELD requirement for members...
• Amazon posts Q4 gains from fulfillment orders and faster last-mile delivery    (2026-02-05)
  Amazon said its regionalized fulfillment network and expanding same-day delivery helped boost fourth-quarter results to $213.4 billion in net sales. The post Amazon posts Q4 gains from fulfillment orders and faster last-mile delivery appeared first on FreightWaves.
• Nashville-based Quickway Transportation, affiliates file for Chapter 11 bankruptcy    (2026-02-05)
  Nashville-based Quickway Transportation and two of its affiliate companies have filed for Chapter 11 bankruptcy. The post Nashville-based Quickway Transportation, affiliates file for Chapter 11 bankruptcy appeared first on FreightWaves.
• Amazon Delivers Strong Q4 Sales but Misses on Earnings    (2026-02-05)
  Amazon reported fourth-quarter earnings slightly below Wall Street estimates even as sales surged and it reported the fastest growth in its prominent cloud computing business in 13 quarters.
• First look: Werner’s Q4 misses mark    (2026-02-05)
  Werner Enterprises has begun restructuring its one-way fleet, a move announced alongside the reporting of its fourth-quarter results, which fell short of expectations. The post First look: Werner’s Q4 misses mark appeared first on FreightWaves.
• Argentina, US Sign Trade Agreement    (2026-02-05)
  Argentina and the U.S. agreed to scrap hundreds of tariffs on each other’s goods in a trade and investment deal, a major step in President Javier Milei’s push to open up the country's economy.
• Bob’s Furniture Goes Public With $2.2 Billion Valuation    (2026-02-05)
  Bob’s Discount Furniture, a home furnishings retailer backed by Bain Capital, rose 0.1% in its trading debut after the company raised $331 million in a U.S. initial public offering.
• ConocoPhillips Presses for Billions Owed by Venezuela    (2026-02-05)
  ConocoPhillips CEO Ryan Lance’s priority in Venezuela is recouping billions his company is owed almost two decades after its oil projects were nationalized, rather than drilling new wells. 
• Foreign trucker CDL rule now under review at OMB    (2026-02-05)
  A truck driver licensing overhaul has moved to OMB for final review, signaling an imminent end to regulatory limbo for nearly 200,000 foreign-domiciled truckers. The post Foreign trucker CDL rule now under review at OMB appeared first on FreightWaves.
• GenLogs Receives $60 Million to Grow Trucking Intelligence    (2026-02-05)
  GenLogs, a startup using roadside sensors and artificial intelligence to combat cargo theft and fraud in the trucking industry, secured $60 million in Series B funding, the company said.
• XPO’s January tonnage bucks negative trend    (2026-02-05)
  XPO’s less-than-truckload tonnage was flat in January, breaking an 18-month stretch of declines. The post XPO’s January tonnage bucks negative trend appeared first on FreightWaves.
• Canadian e-commerce shipping platform acquires Warehowz    (2026-02-05)
  ShipTime Canada is expanding its last-mile virtual delivery network with the acquisition of on-demand warehouse platform Warehowz. The post Canadian e-commerce shipping platform acquires Warehowz appeared first on FreightWaves.
• Thermo King expands business with CSTK acquisition    (2026-02-05)
  Trane Technologies completed the acquisition of CSTK, an independent dealer of its Thermo King products. The deal expands its company-owned service and sales footprint in the Northeastern and Central United […]
• GOP members to STB: Find ‘real’ benefits or reject rail merger    (2026-02-05)
  Dozens of Senators and Representatives have urged a careful review by federal regulators of the proposed merger of Union Pacific and Norfolk Southern. The post GOP members to STB: Find ‘real’ benefits or reject rail merger appeared first on FreightWaves.
• December Used Class 8 Truck Sales Gain Year Over Year    (2026-02-05)
  Used Class 8 truck sales in December regained positive momentum compared with the prior year after a slight dip ended five consecutive months of year-over-year gains.
• Tractor Maker Agco Sees Farm Rebound Beginning This Year    (2026-02-05)
  While the sale of new machines is set to remain sluggish, growers need to update soon and are increasingly retrofitting existing equipment with AI-packed components.
• NACFE Sees Technology Improvements in Messy Middle    (2026-02-05)
  Three gas-fueled tractors took part in the Messy Middle, the first such powertrains to contribute to a NACFE program since 2019’s Run on Less Regional Haul demonstration.
• Phillips 66 to Cut Nearly 300 Jobs as L.A. Refinery Closes    (2026-02-05)
  The fuel-making plant has been slated to close since 2024 and the facility, once capable of processing 139,000 barrels of oil a day, refined its final barrel of crude in late 2025.
• Canada to Revamp Tariffs to Help Automakers    (2026-02-05)
  Prime Minister Mark Carney’s government plans to change its tariff system to create a stronger financial incentive for automakers to invest in Canada.
• FMCSA Warns Carriers of Aggressive Phishing Scheme    (2026-02-05)
  FMCSA said motor carriers are being targeted by an aggressive new phishing operation “to steal sensitive information or demand illegal payments” while pretending to represent officials.
• R&R Becomes Latest Trucking Company to Fall    (2026-02-05)
  In January, Pittsburgh-based R&R Family of Cos. shut down, according to a source. According to the source and court documents, R&R lost the backing of its largest lender.
• Shell’s Profit Falls on Lower Crude Prices, Chemicals Drag    (2026-02-05)
  Shell took on more debt, while maintaining its quarterly share buyback of $3.5 billion and raising its dividend even as volatile oil prices pressure its plan to boost investor returns.
• Maersk posts Q4 pre-tax loss, will cut 1,000 jobs    (2026-02-05)
  Overcapacity and global trade headwinds sent Maersk to a Q4 pre-tax loss on container volumes that improved by 8%. The post Maersk posts Q4 pre-tax loss, will cut 1,000 jobs appeared first on FreightWaves.
• FedEx preparing major sort center expansion at Memphis air hub    (2026-02-05)
  FedEx has filed plans with local planning authorities for the addition of another major parcel sorting building at its super hub at Memphis airport in Tennessee. The post FedEx preparing major sort center expansion at Memphis air hub appeared first on FreightWaves.
• Companies Announce Most Job Cuts for Any January Since 2009    (2026-02-05)
  The report on Feb. 5 also showed hiring intentions slid 13% from a year earlier to 5,306 — marking the weakest total for any January in the firm’s records back to 2009.
• The Chameleon Network Behind the Indiana Crash That Left Four Dead Is an Old, Tired Story    (2026-02-05)
  On Tuesday afternoon, a 30-year-old truck driver from Philadelphia named Bekzhan Beishekeev failed to stop for slowed traffic on State Road 67 in Jay County, Indiana. He swerved into oncoming traffic and killed four Amish men from the Bryant community: Henry Eicher, 58, his sons Menno, 33, and Paul, 31, and Simon Schwartz, 22. The post The Chameleon Network Behind the Indiana Crash That Left Four Dead Is an Old, Tired Story appeared first on FreightWaves.
• Maersk to Cut 1,000 Jobs, Reports Drop in Earnings    (2026-02-05)
  Maersk plans to cut 1,000 jobs and focus on cost discipline this year as the container giant seeks to insulate its earnings against deteriorating freight rates with Red Sea routes reopening. 
• Freightliner to Offer Free ELD, Load Booking in Cascadias    (2026-02-05)
  Daimler Truck North America follows Volvo Truck North America and Mack Trucks in partnering with Class8 to offer carriers technology typically provided by third parties.