U.S. freight demand, spot rates, load availability, and market trends that impact owner-operators and carriers.
LRT Group has acquired XGS, the Chattanooga-based less-than-truckload carrier dedicated to floor covering freight, in a deal announced Nov. 7. The parties did not disclose terms. Trade outlets covering the flooring and logistics sectors confirmed the transaction the same day,…
Universal Logistics Holdings said a large, non-cash reset of intermodal asset values swamped otherwise modest operating profits in the third quarter, producing a net loss and underscoring how fragile pricing and volume remain in rail‑drayage networks. The company reported $396.8…
LRT Group has acquired Xpress Global Systems (XGS), a specialized less-than-truckload carrier best known for handling floor-covering freight, in a deal announced Friday, November 7. The move brings a national, high-touch rolled-goods network under the umbrella of Fort Payne, Alabama-based…
Retailers are signaling that the container tide is ebbing faster than it rose. After frontloading goods ahead of tariff deadlines, importers expect the typical year-end cooldown to give way to deeper year-over-year declines in early 2026 — a shift that…
LRT Group has acquired Xpress Global Systems (XGS), the Chattanooga-based less-than-truckload specialist focused on floor coverings. Industry outlets confirmed the deal Friday, with XGS telling customers the new ownership is aimed at strengthening service breadth while preserving the carrier’s high-touch…
Wabash was hit with a debt downgrade this week, a move tied to a trailer market that remains stuck in low gear and is pressuring cash generation and leverage, according to a report by FreightWaves published Friday, November 7. The…
LRT Group’s purchase of Xpress Global Systems (XGS) gives a fresh owner to one of the nation’s best-known niche LTL providers, a carrier built around the quirks and complexity of moving floor coverings. The deal, first reported Friday, underscores a…
Ocean freight is getting a short reprieve from the policy shocks that defined much of 2025. A fresh pause in U.S.–China port fees, coupled with targeted tariff rollbacks, has eased immediate cost risk on the water. But the stability is…
RXO says the truckload market flipped against brokers late in the third quarter: buy rates climbed as carrier capacity exited, while contracted sell rates lagged. The result is the classic brokerage “rate squeeze” now pressing RXO’s largest business — and…
Wabash’s debt rating was cut this week, a fresh sign that the trailer cycle hasn’t found bottom. The move reflects how prolonged weakness in new orders and softer cash generation are pinching OEM balance sheets — and it raises the…
