🎣 Freight vs. Tariffs
Plus, two trucking firms close, harassment claims at TIA conference, a 19.5% week-over-week drop in spot loads, and more.
Yellow's potential bankruptcy amid a union dispute threatens to disrupt the less-than-truckload industry significantly.
Despite expectations, Class 8 truck orders remain steady. With all order slots filled, the production for Q4 2023 is anticipated to be strong.
JB Hunt reports an 18% YoY drop in Q2 revenues due to a persistently weak freight market. The company seeks cost-effective strategies.
J.B. Hunt reports Q2 earnings, impacted by weaker demand, with uncertainty around 2023 peak shipping season.
ATA's For-Hire Truck Tonnage Index shows a 0.8% YoY dip in truck tonnage for June, despite a month-to-month rise. Freight market remains in a down cycle.
Exploring 2023 beverage season's impact on freight volumes, consumption trends, inventory management, and carrier challenges. See how beverage consumption shifts are driving the logistics industry.
Trucking firm Big J Express has filed for bankruptcy amid a significant drop in revenue and debt overhang.
Expert suggests trucking downturn may start to improve but warns of a slow recovery until 2024.
The trucking industry's seasonal uplift during produce season falls short this year, exacerbating an ongoing slowdown due to various factors.
Winners * Columbus, OH - Atlanta, GA with a 8.3% rate increase in the last 30 days. * Chicago, IL -
Transfix struggles to raise $50M Series F at 60% reduced valuation, amid weak freight market conditions.
Seedless watermelons are surging ahead in the produce freight industry, with Florida and Georgia seeing the highest volumes. This trend
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