U.S. freight demand, spot rates, load availability, and market trends that impact owner-operators and carriers.
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…
Truckload carrier Heartland Express recorded another quarterly net loss for the third quarter of 2025, underscoring how a stubbornly weak freight market and excess capacity continue to outweigh cost actions and network pruning. The company’s latest results, published Friday, October…
Interstate Personnel Services (IPS) said refrigerated truckload carrier J&R Schugel is joining its portfolio, a move that instantly deepens IPS’s temperature-controlled footprint as shippers head into the late-October through Thanksgiving rush. The company positioned the addition as a way to…
Amazon is injecting $1.9 billion into its Delivery Service Partner network just as third‑quarter results show the company’s engine running hotter. For trucking and parcel operators, the timing signals where the next wave of freight and labor pressure may surface:…
