Industry News

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. The post Pamt Corp. reports Q3 net loss, books 109.1% truckload OR appeared first on FreightWaves.

DHS and state police say coordinated enforcement blitzes are shutting down the middle part of the country as foreign, non-compliant...

Even if conflicts in the Middle East and Ukraine ended immediately, experts say it would still take months for diesel prices to...

With the trucking sector anticipating the release of the final rule by the Environmental Protection Agency on nitrogen oxide (NoX) standards–known colloquially as EPA ‘27–and what engines need to do to get there, one of the country’s biggest truck retailers took the issue head on its recent earnings call with analysts. The message by William […] The post Waiting on EPA ‘27 rule, Rush says it might not be soon appeared first on FreightWaves.

'Driverless' trucking companies Aurora, Kodiak and Waabi have been picking up steam, but reliance on sensor technology from Hesai...

Heniff Transportation Systems will develop a sweetener transload facility in Ohio dedicated to serving Cargill and its customers, Heniff announced Nov. 2.

The $36.8 billion funding lapse affects road, safety and bridge projects across the country as states and localities try to plan ahead.

SONAR's SCI: Custom Insights now uses a shipper's own data to identify which lanes should change mode or pricing strategy, and how much a shipper stands to save. The post SONAR SCI: Custom Insights Now Includes Conversion Optimization: Shows Shippers Where to Switch Modes and What They Can Save appeared first on FreightWaves.

As part of the national Operation Highway Shield coordination between state and federal enforcement officials, 393 trucks and...

Largest retailers cite shipping inflation alongside isolated delays in getting merchandise into inventory. The post Amazon, retailers paid more for freight in 3Q appeared first on FreightWaves.

ZET Scale, a shipper alliance, just placed the largest electric truck order in US history: 2,500 Tesla Class 8 trucks. Cristiano Façanha from Smart Freight Centre explains how this demand aggregation program is breaking the market’s “chicken and egg” problem by making electric trucks cost-competitive with diesel, driving the industry towards a more sustainable future. […] The post Electric Trucking: Why 2,500 Tesla Semis Will Transform Freight appeared first on FreightWaves.

FreightWaves Finance Editor Todd Maiden breaks down Q3 earnings. Capacity drawdown continues, but demand needs to catch up. LTL carriers showed demand improvement and managed costs, while truckload saw profit growth lag. What’s your take on the outlook? LTL carriers outperformed expectations on both tonnage and pricing in the third quarter, while truckload operators faced […] The post LTL vs. Truckload: Who emerged stronger from Q3 earnings reports? appeared first on FreightWaves.

FreightWaves expert breaks down 20 years of freight market cycles, from the muted early 2000s to the current volatile environment. Discover how economic variables and policy changes have shaped boom and bust periods, leading to today’s complex supply chain challenges. Learn why assuming a quick end to the current cycle could be a critical mistake […] The post WARNING: Don’t Expect This Freight Cycle to End Soon appeared first on FreightWaves.

Global shipping costs soared after ongoing fighting upended flows from the Middle East and Russia, sending ships on longer voyages to secure supplies.

AIT Worldwide Logistics agreed to acquire Sydney-based freight forwarder Connor Anderson International, expanding AIT’s operations in Australia.

Parcel carriers are expected to have their best peak season this year since 2022, according to forecasting from ShipMatrix. The post Parcel shipping demand to increase 4% during holidays, ShipMatrix says appeared first on FreightWaves.

A truck stopped on the highway shoulder is a hidden risk. KLLM Transport paired Fleetworthy Safety+ alerts with one rule: call every driver. Unauthorized stops fell to near zero.

Attention all driver recruiting and retention professionals! The 24th Annual Recruitment and Retention Conference returns February 24-26, 2027, with a clear focus: helping transportation leaders make smarter recruiting and retention decisions.

More customers. More loads. More decisions that affect your bottom line. As your brokerage grows, it becomes harder to know whether the additional volume is delivering the profit you expect. The New Rules of Freight Brokerage explores why margin discipline is becoming a competitive advantage, and five practical rules to help you stay in control […] The post Grow Your Brokerage. Keep Profitability in Focus. appeared first on FreightWaves.

In line with recent demand commentary from public less-than-truckload carriers expressing cautious optimism, U.S. manufacturing grew for its 10th straight month in October. The post October’s 55.5 manufacturing PMI beats expectations appeared first on FreightWaves.

Longtime Chairman and CEO Alain Bédard told analysts and investors during TFI’s third-quarter 2026 earnings call that the carrier plans to raid its peers for manager replacements.

TrashLab closed a $12 million round led by Ventana and plans to extend AI agents into dispatch, billing and collections, with rollout planned through 2027. The post TrashLab raises $12M to automate waste haulers’ back offices appeared first on FreightWaves.

Mexican authorities recently destroyed over 52 tons of avocados after discovering the presence of destructive agricultural pests in shipments due for international export. The post Mexico destroys 52 tons of avocados after pest discovery raises export concerns appeared first on FreightWaves.

Boeing will convert a 767-300 passenger jet into a freighter for Icelease, which also took options for up to two more conversions, as the leasing company continues to grow its freighter portfolio, the companies announced on Monday. The first aircraft is scheduled to take its production slot in the first quarter of 2027, with delivery […] The post Boeing secures lessor order for 767 passenger-to-freighter conversion appeared first on FreightWaves.

The production gauge notched its best reading since late 2021, data out Nov. 2 showed. A measure of new orders was the highest since July and remained well within expansionary territory.  

Oil prices dropped Nov. 2, with Brent crude down 5.9% to $106.65 per barrel. Still, that’s much higher than the roughly $65 that a barrel of crude was selling for at this time last year.

Canadian PM Mark Carney said the conversation built on recent discussions about the outlines of a deal that would create jobs, lower costs for families and protect Canada’s languages, culture and sovereignty.

Port employers and union watchmen in Southern California extend contract as negotiations continue. The post Strike at busiest US port just days away as talks continue appeared first on FreightWaves.

BP agreed last year to sell a 65% stake in Castrol to U.S. investment firm Stonepeak Partners, marking a key milestone in the company’s efforts to reset its business after years of underperformance. 

Flexport's CEO says ocean volumes have kept climbing since April and the company is weighing smaller engineering teams as AI speeds up product releases. The post Flexport forwarding volumes up 40% as headcount grows only 5% appeared first on FreightWaves.

The proposed deal would combine shipping, rail and trucking networks across Europe and West Africa, with implications for American exporters and cold-chain customers. The post Ocean line sale expands Europe logistics reach for US shippers appeared first on FreightWaves.

AIT Worldwide Logistics is expanding more significantly in Oceania with a deal to buy Connor Anderson International. The post AIT Worldwide snaps up Australian forwarder involved in Big tech buildout appeared first on FreightWaves.

This week in Borderlands Mexico: Cabotage enforcements threatening cross-border trucking; Nuevo León slashes Colombia Bridge toll fees 50% to boost cross-border trucking; and Walmart plans $400M distribution center near San Antonio, creating 425 jobs. The post Borderlands Mexico: Cabotage enforcements threatening cross-border trucking appeared first on FreightWaves.

We call them freight cycles, but the term implies a regularity the data doesn’t support. Since 2000, the domestic transportation market’s turns have looked less like clockwork and more like a series of random shocks The post Freight cycles are anything but regular appeared first on FreightWaves.

BP said profit jumped to the highest in 18 years as soaring refining margins boosted earnings, speeding up the energy giant’s efforts to fix its balance sheet and pay down debt.

The FMCSA has set its sights on further hours-of-service flexibility and enhancing its safety measurement system in the coming weeks and months.

Schneider is making a monumental shift in its intermodal operations, moving all eastern rail business from CSX to Norfolk Southern. This strategic partnership aims to unlock significant growth, enhance capacity flexibility, and drive more freight off the roads and onto rail. Discover the full implications of this major move and what it means for the […] The post Rail Rivalry: Schneider’s Bold Move to Norfolk Southern from CSX appeared first on FreightWaves.

The trailer market is experiencing an unexpected surge, with utilization rates surpassing even pandemic levels. Craig Barth, CFO at Premier Trailer Leasing, breaks down why this supply-side driven boom is happening, the shift in demand for older equipment, and critical fraud warnings for those seeking rentals. We also dive into how fleets are navigating CapEx […] The post Unexpected Boom: Trailer Leasing Demand Hits Record Highs appeared first on FreightWaves.

SAIA President & CEO Fritz Holgrefe breaks down the company’s impressive third-quarter earnings, including record revenue and significant improvements in customer satisfaction and claims ratios. Discover how strategic network investments and a customer-centric approach are driving SAIA’s success and what lies ahead for the logistics giant. Saia reported record third-quarter revenue of $982.5 million, up […] The post SAIA’s Record $982.5M Q3 Revenue | What’s Next? appeared first on FreightWaves.

Alain Bedard, the CEO of TFI International, had been highly critical of his company’s U.S. LTL operations back in 2024, at one point referring to some of its practices as “stupid.” As recently as April, he was far more optimistic about the segment that was built largely through the TFI acquisition of UPS Freight in […] The post TFI chief Bedard rips into its US LTL operations, promises change appeared first on FreightWaves.

SKU proliferation has made beverage distribution a logistical nightmare. Zac Boehm, Chief Automation Officer at Hy-Tek Intralogistics, breaks down how their innovative automation systems, High-Sync and High-Flow, tackle the challenges of rising product counts and high labor turnover. Learn how optimizing pick paths and simplifying operations can lead to double or even triple pick speeds […] The post Beverage Distribution: Why Your SKU Count is Crushing Productivity appeared first on FreightWaves.

FMCSA Chief Safety Officer Steve Dowling said this week that Motus 'has had its challenges,' yet has still blocked 'thousands...

ACT Research reported that the average retail sales price increased 11.5% to $64,007 from $57,383 the prior year but was down 1.9% sequentially from $65,234.

A two-day Arkansas trucking enforcement blitz resulted in 183 English-language proficiency violations, 44 criminal arrests and 74 immigration violations. The post Arkansas truck blitz nets 183 English violations, 44 arrests in 48 hours  appeared first on FreightWaves.

Posten Bring in Norway and Deutsche Post in Germany are beefing up locker networks and taking other steps to ensure smooth delivery service for the holidays. The post European postal operators gear up for surge in holiday volume appeared first on FreightWaves.

Border Patrol agents discovered 23 undocumented people concealed in sprinter-style vans being transported by the truck. Also...

The company’s revenue was $2.442 billion in the three months that ended Sept. 30, an increase of 8.1% compared with $2.259 billion in the same period a year earlier. 

Covenant Logistics CEO David Parker expects another year of substantial truckload contract rate increases in 2027. The post Covenant Logistics CEO expects double-digit truckload rate hikes in 2027 appeared first on FreightWaves.

Greenwich, Conn.-based XPO benefited from improved freight market conditions and customer service, the executives told analysts and investors.

Super Ego comes roaring back to life, promising a pivot to safety after going quiet for months following bombshell allegations...

Schneider CEO Jim Filter is optimistic capacity corrections will further drive trucking into a freight market upcycle.

Business email compromise generated 24,768 complaints and $3 billion in reported U.S. losses last year, ranking second only to investment fraud.

Jett McCandless, founder and CEO of project44 and LSP44, received the first FreightTech Vanguard Award at FreightWaves’ F3 Awards Dinner in Chattanooga, recognizing his contributions to logistics technology and innovation. The post Jett McCandless named first FreightTech Vanguard Award winner at F3 appeared first on FreightWaves.

Every carrier with a safety technology program eventually learns the same lesson: the hardware is the easy part. Cameras can be mounted, collision mitigation can be specified on new tractors, and telematics can be switched on. What’s harder to install is the belief, among people who spend their working lives behind the wheel, that the […] The post Safety Technology Is Only as Good as the Trust Behind It appeared first on FreightWaves.

During the evening dinner program of the NASTC conference in Nashville, the Utah-based TruckWise oversize equipment hauling fleet...

Mexican trucking leaders have temporarily suspended their nationwide strike but say negotiations must produce measurable improvements in highway security. The post Mexico truckers halt protests, demand action on deadly highway crime  appeared first on FreightWaves.

Less-than-truckload carrier Saia said performance improved at terminals added during its recent phase of expansion.

Louisiana and Wyoming have ceased issuing non-domiciled commercial driver licenses, while Ohio is ending its program and downgrading credentials.

Aurora reported a $257 million operating loss on $3 million in revenue and cut its full-year forecast The post Aurora reaffirms it’s on track to produce more than 1000 trucks in 2027 appeared first on FreightWaves.

Alongside its slightly worse-than-expected third-quarter report on Thursday, Schneider National announced a deal to utilize Norfolk Southern’s rail network in the East. The post Schneider partners with Norfolk Southern; raises outlook despite Q3 miss appeared first on FreightWaves.

DP World CEO Yuvraj Narayan warned prolonged Strait of Hormuz disruption is raising logistics costs and could drive consumer prices higher worldwide.

Canadian National Railway reported a 6% increase in third-quarter profit as grain, energy and automotive freight activity lifted revenue. The post CN 3Q profit rises 6% as freight revenue climbs appeared first on FreightWaves.

Besides the disruption caused by the wars in Iran and Ukraine that have driven up the cost of fuel, Exxon is also seeing strong production in its fields in Guyana and the Permian Basin.

Schneider National will make Norfolk Southern its primary eastern rail provider as the railroad pursues a merger with Union Pacific. The post Schneider to shift eastern rail business to Norfolk Southern from CSX appeared first on FreightWaves.

Brent crude climbed 2.5% to $113.51 a barrel. Brent remains near the high end of its range since the war with Iran began.