Harbinger has secured a $160 million Series C round and, just as importantly for real-world validation, an initial FedEx order for 53 electric trucks. The logistics giant co-led the financing and plans to take delivery of Class 5 and Class 6 chassis ready for upfit by the end of December…
In New Orleans this week, a Trimble Insight panel featuring FreightWaves’ Craig Fuller, Bloomberg Intelligence’s Lee Klaskow and MIT’s Angela Acocella painted a freight market still stuck in neutral. Panelists said the bigger surprise of 2025 has been demand’s failure to firm, while the driver population continues to slide —…
Introduction As of November 17, 2025, U.S. spot freight remained active but uneven across equipment types. National load postings increased 9.1% week over week (w/w), yet truck postings climbed a faster 18.3%, softening negotiating power in many lanes. On a month-over-month (m/m) basis, loads slipped 0.8% while capacity rose 3.5%.…
Republican lawmakers are escalating their push on the Surface Transportation Board to take a hard line on Union Pacific’s plan to acquire Norfolk Southern, characterizing the transcontinental railroad proposal as a monopolistic threat to shippers and consumers. FreightWaves first reported the GOP pressure campaign as it intensifies around the still‑pending…
Harbinger has secured $160 million in Series C financing and, notably, an initial FedEx order for 53 electric trucks — a package that pairs fresh capital with near‑term deployment. The round was co‑led by FedEx, Capricorn’s Technology Impact Fund and THOR Industries, while the FedEx purchase covers a mix of…
A candid market panel at Trimble’s Insight conference in New Orleans this week framed trucking’s stubborn downturn in stark terms: freight demand remains muted and the driver population is edging lower, leaving carriers waiting on a catalyst that hasn’t arrived. The session — featuring FreightWaves’ Craig Fuller, Bloomberg Intelligence’s Lee…
Why this matters today Los Angeles Sanitation & Environment (LASAN) has issued the latest “List of Permitted Waste Haulers,” with a report run date of November 19, 2025. If you’re dispatching roll-offs, subbing on demolition jobs, or hauling construction and demolition (C&D) debris within city limits, this roster is your…
National Overview — Wednesday, November 19, 2025 A slow-moving Pacific low keeps the Southwest unsettled today with periodic rain and a few thunderstorms. Heavy mountain snow continues in the Sierra Nevada and the southern Utah ranges. Moisture begins shifting into the Southern Plains tonight, bringing increasing showers and storms. The…
Federal regulators are preparing a closely watched experiment to test whether more flexible split-sleeper options can improve safety and productivity. But among drivers and safety advocates, a louder question is gaining traction: will added flexibility become another lever for dispatch pressure? FreightWaves’ reporting underscores a rising fear that a well-intentioned…
Harbinger has closed a $160 million Series C and secured an initial FedEx order for 53 battery‑electric trucks, a one‑two punch that puts the young manufacturer squarely in the center of the medium‑duty transition many parcel and service fleets have been waiting for. The deal gives FedEx a near‑term pathway…
