XPO’S Q2 TONNAGE TRENDING AHEAD OF GUIDANCE
XPO said May tonnage per day rose 0.5% year over year, with shipments up 3.3% and weight per shipment down 2.7%, putting it on track to beat a flat Q2 tonnage outlook as LTL demand firms.
OLD DOMINION’S MAY UPDATE SHOWS AN IMPROVING LTL MARKET
Old Dominion reported a meaningful sequential improvement from April, signaling stabilizing volumes and firm pricing as the LTL cycle turns.
TARGET DEBUTS $367M FOOD DISTRIBUTION CENTER IN COLORADO
The 529,000-square-foot Thornton facility will support 129 stores across 11 states, add 350+ jobs and cut replenishment times by up to two days with new consolidation capabilities.
U.S. PROPOSES 10%–12.5% TARIFFS ON 60 COUNTRIES OVER FORCED-LABOR FAILURES
A USTR report seeks new duties that could raise costs for a wide range of imported goods, with a hearing slated for July 7—adding uncertainty for shippers and importers.
APOLLO AFFILIATE RAISES $1.4B LOGISTICS REAL ESTATE FUND
Bridge Investment Group closed its second Bridge Logistics Value Fund to buy and reposition distribution assets in supply-constrained U.S. markets and global gateways.
AMAZON NOTCHES NLRB WIN ON DSP JOINT-EMPLOYER QUESTION
An administrative law judge approved a settlement that avoids a joint-employer finding; the Teamsters are seeking to appeal, keeping pressure on Amazon’s delivery model.
FEDEX FEEDER WARNS CARIBBEAN SERVICE AT RISK WITHOUT FAA WAIVER
Mountain Air Cargo asked the FAA for relief to operate larger ATR-72 freighters under Part 135, saying the switch is needed to maintain service to Aruba, Curaçao and Bonaire.
MANUFACTURING-LED FREIGHT UPSWING GAINS STEAM IN MAY
ISM’s Manufacturing PMI hit 54.0—its highest in four years—signaling industrial demand is increasingly driving the freight recovery across modes, including trucking.
DESCARTES POSTS RECORD QUARTER AS SHIPPERS SEEK TRADE, COMPLIANCE TOOLS
Revenue rose 15% to $194M with EPS above consensus, as customers lean on Descartes’ network and compliance software amid tariff volatility and tighter carrier vetting.
200+ GROUPS PRESS SENATE TO PASS CARGO THEFT BILL
A broad coalition urged action on House-passed CORCA to coordinate anti-theft efforts across law enforcement and industry, citing mounting theft losses impacting trucking and rail.
FREIGHT DISTRESS SPREADS AS BANKRUPTCIES, LAYOFFS TOP 600 JOBS
A new wave of trucking and logistics bankruptcies and WARN notices underscores ongoing pressure on smaller carriers and 3PLs even as freight volumes improve year over year.
BOT AUTO TAPS KNIGHT ALUM BRETT SUMA AS PRESIDENT/COO TO SCALE AV FREIGHT
The autonomous trucking startup adds veteran leadership to build a purpose-built, driverless network, with expansion goals set first across Texas corridors in 2026.
TEXAS ENDS NON‑ENGLISH CDL KNOWLEDGE TESTS, RESTARTS H‑2A NON‑DOMICILED CDLS
Texas DPS will administer CDL/CLP knowledge exams only in English, aligning with FMCSA standards, and resume issuing H‑2A non‑domiciled CDLs, impacting carrier hiring pipelines.
USTR FLOATS BROAD NEW TARIFFS AFTER FORCED-LABOR PROBE; SHIPPERS WEIGH COSTS
A separate industry report details the 10%–12.5% proposal across 60 trading partners, highlighting potential sourcing shifts and budgeting challenges for U.S. importers and 3PLs.
WHITE HOUSE ADJUSTS METALS TARIFFS, CUTS SOME RATES TO 15% THROUGH 2027
An executive order lowers certain steel, aluminum and copper tariffs—covering items like farm and HVAC equipment—and expands eligibility for reduced rates, with changes effective immediately.
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