Australia’s WiseTech Global, which this year bought U.S.-based supply chain platform E2open, confirmed police and market regulators searched its Sydney offices this week for documents tied to alleged share trades by founder Richard White and three employees. The company says no one has been charged and there are no allegations…
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 31, 2025, extend a losing streak that has persisted through…
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 widen service options for enterprise customers that span dry van…
U.S. AND CHINA SUSPEND DUELING PORT FEES, EASING PRESSURE ON GLOBAL SHIPPING Presidents Trump and Xi agreed Oct. 30 to a 12‑month pause on retaliatory port fees that were adding billions in costs to ocean carriers and supply chains, offering near‑term relief while longer‑term trade uncertainty persists. XPO BEATS Q3…
U.S. Diesel Prices Edge Higher: Midwest Leads Weekly Gains, West Still the Priciest U.S. on-highway diesel prices rose for the week of October 27, 2025, with the national average up 9.8 cents (2.71%) to $3.718 per gallon from $3.62 a week earlier. Every major region posted an increase, led by…
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: on the short‑haul routes feeding thousands of small communities that…
Werner Enterprises is positioning for the turn by letting the market do the heavy lifting. Management told investors this week it expects industry capacity to keep thinning — aided in part by stepped-up enforcement on non‑domiciled CDL/B‑1 visa driving and entry‑level driver program rules — and has reset its own…
XPO used pricing discipline and productivity gains to turn a weak shipment backdrop into stronger profits in the third quarter, a result that stands out in a still‑sluggish LTL market. The carrier’s adjusted earnings rose year over year and its North American LTL operating ratio improved by 150 basis points…
XPO pushed profitability higher in the third quarter even as freight stayed soft, lifting adjusted EPS to $1.07 on $2.11 billion of revenue and trimming its North American LTL adjusted operating ratio to 82.7%—a 150-basis-point improvement year over year. Under the hood, shipments per day fell 3.5% and tonnage per…
Momentum is building behind the U.S. Department of Transportation’s campaign to root out sham driver training and bad-actor carriers. As outlined in recent FreightWaves reporting, Transportation Secretary Sean Duffy has made targeting “CDL mills” and rogue fleets a central safety priority — a push that is now being reinforced by…
