U.S. freight demand, spot rates, load availability, and market trends that impact owner-operators and carriers.
With nearshoring remapping North American supply chains, Averitt has bulked up in San Antonio to pull cross-border freight handoffs farther from the bridges and closer to customers. The carrier’s latest Borderlands update details a substantially enlarged terminal and connected warehouse…
High-frequency freight indicators are again warning that the U.S. goods economy is in contraction, even as headline growth remains supported by services. A new analysis argues the core flow of physical goods through trucking, intermodal and ocean networks has cooled…
Less-than-truckload carrier Averitt has finished a major upgrade to its San Antonio operation, adding cross-dock capacity and a new distribution-and-fulfillment building aimed squarely at the mounting wave of Mexico nearshoring. Company leaders say the project is designed to absorb rising…
BNSF Railway turned in a stronger third quarter under Berkshire Hathaway, posting higher operating earnings even as the broader freight economy remains uneven. Berkshire’s Saturday filing shows BNSF generated $1.45 billion in operating earnings in the quarter, up from $1.38…
Interstate Personnel Services — the employee-owned parent of Paschall Truck Lines and other carriers — has added New Ulm, Minnesota-based J&R Schugel to its platform, combining nearly 2,000 tractors and roughly 6,000 trailers under a single ESOP umbrella and expanding…
Heartland Express posted another quarterly loss as the prolonged freight recession continued to blunt pricing and utilization, but management highlighted steady month-to-month improvement and said a broad market turn is still more likely next year than in the coming months.…
Interstate Personnel Services (IPS), the employee-owned parent of Paschall Truck Lines, has added New Ulm, Minnesota-based J&R Schugel to its platform, creating a combined fleet of nearly 2,000 tractors and about 6,000 trailers. The move, announced Friday, October 31, strengthens…
Freight market signals are increasingly pointing toward a goods-led slowdown in the U.S. economy. For truckers, the telltales are showing up first on the oceans and factory floors, then moving inland: softer export demand from Asia, wobblier U.S. manufacturing readings,…
Interstate Personnel Services — the employee-owned parent of Paschall Truck Lines — has added Minnesota-based J&R Schugel to its portfolio, a move that expands IPS’ capabilities into more temperature-controlled truckload and widens its Midwestern footprint. The combination, reported in trade…
Interstate Personnel Services (IPS), parent of Paschall Truck Lines, said it has added Minnesota-based J&R Schugel to its portfolio — a move that brings a sizable temperature‑controlled operation under an employee‑owned umbrella known for dry van strength. The combination gives…
