Industry News

News from the world of Trucking

• DHS-led operation results in 800 truck drivers removed from US roads    (2026-08-05)
  The U.S. Department of Homeland Security said it removed more than 800 truck drivers during a recent three-day operation involving multiple law enforcement partners.  The July 28-30 blitz was part […]
• Ex-VW engineers deny Rivian insider trading charges    (2026-08-04)
  Two ex-Volkswagen engineers denied charges they made a combined $300,000 trading on secret information about the carmaker’s planned $5 billion joint venture with EV maker Rivian.
• Oil prices decline, following 5% drop from previous day    (2026-08-04)
  Brent crude fell 5.4% to $79.25 a barrel. A day earlier, oil prices dropped more than 5% after President Donald Trump said he had decided to hold off on new strikes against Iran.
• OPEC output rose in July, led by Gulf nations    (2026-08-04)
  Oil supplies increased by 1.16 million barrels a day in July to an average of 19.44 million barrels a day, with the three Persian Gulf nations accounting for almost all of the gains.
• Big oil companies post banner profits on Iran war costs    (2026-08-04)
  As the conflict has dragged on, high oil prices have driven up the cost of gasoline, jet fuel and diesel, which has led to higher shipping costs.
• Iran, Oman make progress on deal to reopen Strait of Hormuz    (2026-08-04)
  Any agreement formalizing Iran’s control of the strait would mark a significant strategic victory for Tehran. For that reason, the U.S. could seek to block the deal by refusing to lift the blockade.
• Fleet results on the upswing in Q2, as are concerns about drivers    (2026-08-04)
  Publicly traded U.S. trucking fleets reported mostly stronger second-quarter results, fueled by a largely supply-driven recovery.   At the same time, fleet executives said in quarterly earnings statements and on […]
• BP to sell biogas unit Archaea as CEO steps up turnaround    (2026-08-04)
  New CEO Meg O’Neill stepped up efforts to streamline the business and rebuild investor confidence after years of underperformance.
• Aramco says its oil refineries are running flat out    (2026-08-04)
  Crude prices are down dramatically from their peak earlier this year, but fuel prices have remained elevated.
• Toyota reports hefty profit on solid car sales    (2026-08-04)
  The Japanese automaker recorded a $9.4 billion net profit in the April-June period. Quarterly sales rose 10% year on year.
• Trade deficit narrows to $73.3 billion on drop in imports    (2026-08-04)
  The gap in goods and services trade in June shrank 5.6% from the prior month to $73.3 billion, Commerce Department data showed Aug. 4. 
• Data center boom drives Q2 earnings growth for Caterpillar    (2026-08-04)
  The construction industries business that makes the firm’s signature yellow construction machinery increased sales 35% as dealers stocked up on equipment.
• Truck parking marketplace gains traction with fleets    (2026-08-04)
  Insufficient commercial truck parking remains a problem in the trucking industry, but some fleets are starting to turn that pain point into a retention tool.
• Private solutions fill truck parking gaps    (2026-08-03)
  Government funding and private sector investment are both playing a role in the trucking industry’s efforts to alleviate the truck parking shortage.
• Schneider expects supply reduction momentum through 2026    (2026-08-03)
  Schneider executives expect ongoing driver capacity reductions to further spur momentum through the second half of 2026.
• Group of states sues Trump administration over new tariffs    (2026-08-03)
  A group of U.S. states filed a lawsuit challenging President Trump’s new global tariffs that went into effect last month.
• Saia eyes additional capex, market upcycle as path to 80 OR    (2026-08-03)
  Saia reported an OR of 86.9 in the second quarter of 2026, compared with 87.8 in the same period 12 months earlier. The firm's OR also improved sequentially.
• Democratic senators question FMCSA’s safety efforts     (2026-08-03)
  Two U.S. Democratic senators have asked the Federal Motor Carrier Safety Administration to provide information on its tracking of large truck and bus crashes. A letter sent to FMCSA Administrator […]
• CNH expects farm equipment demand to revive in 2027    (2026-08-03)
  The farm machinery sector is primed for a rebound in 2027 as the current fleet ages and prompts growers to upgrade, according to tractor maker CNH Industrial.
• Aurora advances third-generation hardware work    (2026-08-03)
  Work has already begun on some of the reliability testing for third-generation hardware components, Aurora CEO Chris Urmson said during the Q2 earnings call.
• Trump demands ExxonMobil, Chevron cut gas prices    (2026-08-03)
  President Trump scolded ExxonMobil and Chevron for their soaring profits, as oil prices surged amid the war in Iran he launched in February alongside Israel. 
• Iran says it's talking with Oman about temporary Hormuz route    (2026-08-03)
  President Trump, who called the Iranian leadership “incredibly duplicitous,” said talks had taken place and more are scheduled, without providing any details.
• Oil prices tumble after Trump calls for easing Iran attacks    (2026-08-03)
  Brent crude, the international standard, fell 4.7% to $83.83 per barrel. The retreat in oil prices was just the latest of many big swings since the U.S. and Israel attacked Iran in late February.
• Manufacturing activity expands at strongest pace since 2022    (2026-08-03)
  The manufacturing sector has gained momentum this year, with factories benefitting from resilient consumer demand, solid business investment and government outlays on defense.
• Beer dynasties sell $843 million stake in AB InBev    (2026-08-03)
  AB InBev is pushing investment into its “megabrands” like Corona, Stella Artois and Michelob Ultra to help drive growth at a time when there is a slowdown in drinking in several key markets.
• Amazon joins elite list of stocks to top $3 trillion in value    (2026-08-03)
  Amazon joins Nvidia, Alphabet, Microsoft and Apple as the only companies that have reached that size. 
• DTNA to shutter Portland manufacturing plant at end of October    (2026-08-03)
  It is the second time Daimler Truck or a predecessor has announced plans to close the Swan Island plant since acquiring Freightliner in 1981.
• Tyson cuts profit outlook as beef business struggles    (2026-08-03)
  The country’s largest meatpacker now sees annual adjusted operating income of $2.1 billion to $2.3 billion for fiscal year 2026, lowering its range by $100 million. 
• Sugar strike that prompted ports shutdown ends, longshore union returns to negotiations    (2026-08-03)
  The International Longshore and Warehouse Union agreed to end their 42-day strike against a major California sugar producer that spurred sympathy walkouts at three ports. The post Sugar strike that prompted ports shutdown ends, longshore union returns to negotiations appeared first on FreightWaves.
• Reindeer bets Enterprise AI’s next battle isn’t the model    (2026-08-03)
  With frontier models turning into commodities, one enterprise AI startup says the real competitive moat is keeping agents accurate months after deployment, not the model underneath. The post Reindeer bets Enterprise AI’s next battle isn’t the model appeared first on FreightWaves.
• How ArcBest Defied Expectations with Stellar Q2 Performance    (2026-08-03)
  SummaryView Transcript ArcBest’s Q2 earnings reveal a significant 650 basis point improvement in its asset-based division. CEO Seth Runser unpacks how the company achieved these impressive numbers, sharing insights into market demand signals and their integrated logistics strategy. Discover how ArcBest leverages its 100+ year legacy, brand consolidation, and new digital platform to thrive amidst […] The post How ArcBest Defied Expectations with Stellar Q2 Performance appeared first on FreightWaves.
• Freight Market Update: 5 Signals Capacity Is Tight    (2026-08-03)
  SummaryView Transcript Freight market update: 5 pillars explaining why capacity is tight and rates are holding up. Backed by SONAR data and Q2 carrier earnings, this breaks down tender rejections, spot rates, steady demand, dedicated capacity shifts and why driver recruiting is getting tougher. If you want the real takeaway fast: this looks more supply-driven […] The post Freight Market Update: 5 Signals Capacity Is Tight appeared first on FreightWaves.
• C.H. Robinson: Nuclear Verdict’s Existential Threat to Brokers    (2026-08-03)
  SummaryView Transcript The C.H. Robinson earnings call was overshadowed by the massive $600M nuclear verdict. FreightWaves’ John Kingston and Max Fuller dive into the lawsuit’s implications, from rising insurance costs to the redefinition of independent contractor status. Is this an existential threat to the brokerage business model as we know it? C.H. Robinson’s CEO Dave […] The post C.H. Robinson: Nuclear Verdict’s Existential Threat to Brokers appeared first on FreightWaves.
• Nuclear Verdicts: $86M awarded despite NO negligence? [Trucking Crisis]    (2026-08-03)
  SummaryView Transcript Trucking leaders David Parker (Covenant Logistics) and Max Fuller (U.S. Xpress) unpack the state of the freight market, from the driver shortage to nuclear verdicts. Discover why market stability and tort reform are crucial for carrier survival and what’s driving the “supercycle” in this candid discussion. A Utah jury awarded an $86 million […] The post Nuclear Verdicts: $86M awarded despite NO negligence? [Trucking Crisis] appeared first on FreightWaves.
• FedEx expands deployment of autonomous trailer loading systems    (2026-08-02)
  FedEx Corp. announced it is expanding a collaboration with robotics company Dexterity Inc. to scale autonomous trailer loading systems.  The companies said in a statement that deployment at the FedEx […]
• US slaps preliminary anti-dumping duty on Canadian trailer makers    (2026-08-02)
  Canadian trailer manufacturers have avoided the worst-case scenario they feared when U.S. trailer makers launched trade complaints last year, though the industry still faces preliminary anti-dumping duties as the case […]
• $20M in cocaine found beneath floorboards of commercial truck trailer at California border    (2026-08-01)
  Customs and Border Protection officers found 366 cocaine packages after an X-ray scan showed trailer-floor anomalies and a drug dog alerted investigators. The driver faces a federal importation charge carrying a possible life sentence. The post $20M in cocaine found beneath floorboards of commercial truck trailer at California border appeared first on FreightWaves.
• Aurora reports Q2 results, details per-mile pricing    (2026-08-01)
  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. The post Aurora reports Q2 results, details per-mile pricing appeared first on FreightWaves.
• Averitt raises regional driver pay, simplifies compensation    (2026-07-31)
  Averitt is increasing pay for its regional truckload drivers while simplifying its compensation structure. Effective Aug. 9, regional drivers will earn 66 cents per mile, up from a previous top […]
• C.H. Robinson vows appeal of $604 million verdict    (2026-07-31)
  C.H. Robinson Worldwide said July 29 it is confident it will overturn a recent $604 million negligent-hiring verdict on appeal.
• Erie truck driver faces 22 charges after police say he fled 9-vehicle crash carrying Bud Light    (2026-07-31)
  An Erie commercial driver faces 22 charges after police claim his semi-truck struck nine vehicles at West 12th and Myrtle streets. Court records show bail was denied, and a preliminary hearing is scheduled for Aug. 7. The post Erie truck driver faces 22 charges after police say he fled 9-vehicle crash carrying Bud Light appeared first on FreightWaves.
• FRA seeks tougher English standards for Mexican rail crews    (2026-07-31)
  The Trump administration says Mexican train crews crossing the border must understand key safety information in English and not threaten U.S. jobs.
• Amazon ramps up delivery speed, robotics roll out    (2026-07-31)
  Amazon said it continued to expand ultra-fast delivery and improve fulfillment center efficiency, partly due to more robotics deployment, during the second quarter. The post Amazon ramps up delivery speed, robotics roll out appeared first on FreightWaves.
• Gains from equipment sales save Heartland’s Q2    (2026-07-31)
  Truckload carrier Heartland Express returned to profitability in the second quarter, driven by gains from equipment sales. The post Gains from equipment sales save Heartland’s Q2 appeared first on FreightWaves.
• Oil prices tick up as Strait of Hormuz remains closed    (2026-07-31)
  Brent crude, the international standard, rose 0.9% to $87.66 a barrel as tensions between the U.S. and Iran kept the Strait of Hormuz largely closed.
• Covenant’s earnings drop stock, company focused long-term    (2026-07-31)
  Covenant stock tumbled after its earnings report, but management is defending its strategy. The post Covenant’s earnings drop stock, company focused long-term appeared first on FreightWaves.
• American Rheinmetall taps Harbinger platform for Army autonomous logistics vehicles    (2026-07-31)
  American Rheinmetall has been awarded a two-year U.S. Army contract to develop and deliver four hybrid-powered autonomous uncrewed ground vehicles (UGVs) designed to transport supplies to and from troops in […]
• Atlas grows Kodiak driverless truck fleet to 100 rigs    (2026-07-31)
  Atlas Energy Solutions expanded its Kodiak partnership to a second Permian load-out point and set a 100-truck driverless target for mid-2027, up from 28 today. The post Atlas grows Kodiak driverless truck fleet to 100 rigs appeared first on FreightWaves.
• CAVI cancels cross-Canada automated truck project after Transport Canada declines endorsement    (2026-07-31)
  The Canadian Automated Vehicle Initiative (CAVI) has cancelled its proposed TransCanada Automated Truck Project after Transport Canada declined to endorse the initiative, saying the lack of federal support made it […]
• Chevron posts record profit on Iran war-driven price rally    (2026-07-31)
  Net income and per-share earnings surpassed the prior all-time highs achieved in 2022, when Russia’s invasion of Ukraine turned the global energy market on its head. 
• Exxon posts slight miss as repairs dogged refining results    (2026-07-31)
  Overall profit of $14.7 billion was the largest since Russia’s 2022 invasion of Ukraine that upended global markets.
• NHTSA investigates Tesla over risk of suspension failure    (2026-07-31)
  The preliminary evaluation involves an estimated 1.2 million vehicles, including Model 3 sedans from the 2018 to 2020 model years and Model Y SUVs from 2021 to 2023.
• Trump unveils military-to-trucking hiring pipeline    (2026-07-31)
  Backed by five trucking titans, President Trump unveiled his Freedom Haulers initiative to automatically transition military veterans into driving careers.
• UAE to overhaul how it prices all crude oil after big swings    (2026-07-31)
  Middle Eastern oil pricing has been a major pinch point during the Iran war. The intermittent disruption to crude flows through the Strait of Hormuz has meant that prices have been hugely volatile.
• FedEx moves closer to deploying robots that can load trailers    (2026-07-31)
  FedEx is ramping up a test program for robotic trailer loading at one of its large package distribution facilities. The post FedEx moves closer to deploying robots that can load trailers appeared first on FreightWaves.
• Fuel fraud is evolving. So are the industry’s defenses.    (2026-07-31)
  When Philippe Laprise reviewed his company’s fuel card statements, the transactions didn’t make sense. His Coaticook, Que.-based trucking company, ADL Transport, had been billed for diesel purchases in Arkansas and […]
• CHP finds $500K in stolen cargo tied to multiple Southern California thefts    (2026-07-31)
  A California Highway Patrol cargo-theft investigation led detectives to a Rialto retail business connected to multiple thefts. The July 28 warrant resulted in the recovery and return of more than $500,000 in stolen merchandise. The post CHP finds $500K in stolen cargo tied to multiple Southern California thefts appeared first on FreightWaves.
• AI is accelerating, but how can trucking use it effectively?    (2026-07-31)
  Emerging AI tools can automate processes and draw out insights from data to help improve business performance and profitability, but companies will need to determine how and where they can use them effectively.
• Schneider National pushes price amid market imbalance    (2026-07-31)
  Truckload carrier Schneider National raised its full-year earnings outlook by 18% after easily beating second-quarter expectations. The post Schneider National pushes price amid market imbalance appeared first on FreightWaves.
• Rivian narrows loss while rolling out cheaper EV models    (2026-07-31)
  The R2 line, with an eventual target price of around $45,000, is aimed at pulling in more customers amid broad concerns about automotive affordability in the U.S. 
• Amazon to give some consumers part of $600M tariff refund    (2026-07-31)
  CFO Brian Olsavsky said, “In cases where we did see an increase in costs due to tariffs, we largely absorbed these costs rather than pass them on to customers.” 
• $1M recovery in Carolinas truck-theft case includes 13 semis, 3 trailers    (2026-07-31)
  Authorities recovered 18 vehicles worth more than $1 million while investigating nine reported thefts valued at $876,500. The post $1M recovery in Carolinas truck-theft case includes 13 semis, 3 trailers appeared first on FreightWaves.
• Inside Hirschbach’s push into AI driver communication    (2026-07-31)
  Hirschbach Motor Lines' CTO explains why the carrier chose a startup partner over building AI in-house, and how automation is reshaping driver communication today. The post Inside Hirschbach’s push into AI driver communication appeared first on FreightWaves.
• They Watched the Family Business Get Rolled Up. Then They Built the Version They Wanted to Work For.    (2026-07-30)
  A Business That Did Not Exist Yet In 1997, if a fleet needed a repair, the truck went to a shop. That was the entire menu. That was the year Bob Dickinson started what became Dickinson Fleet Services out of a small operation in Indianapolis, and his grandsons Kyle and Kevin Coltrain grew up around […] The post They Watched the Family Business Get Rolled Up. Then They Built the Version They Wanted to Work For. appeared first on FreightWaves.
• Why ‘Shipper of Choice’ is a MUST in Chemical Logistics    (2026-07-30)
  SummaryView Transcript In the cutthroat world of chemical logistics, building strong carrier relationships isn’t just nice-to-have – it’s a strategic imperative. Rob McRae from Univar Solutions shares how their ‘shipper of choice’ mentality, especially in niche liquid bulk hazmat, helps them secure capacity and navigate erratic markets. Discover why long-term partnerships are key to resilience. […] The post Why ‘Shipper of Choice’ is a MUST in Chemical Logistics appeared first on FreightWaves.