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 action underscores how quickly credit risk can rise for equipment…
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 broader trend: while general LTL demand has wobbled in 2025,…
Yellow’s long-running contract dispute with the International Brotherhood of Teamsters is back on the docket. On Nov. 5, a three-judge panel of the U.S. Court of Appeals for the 10th Circuit revived the case, ruling that the lower court erred when it dismissed the complaint on procedural grounds and should…
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 fragile, and how it ripples into port drayage, inland trucking,…
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 the company expects that pressure to persist into the holiday…
What’s driving the latest “fired by text” headlines Social media chatter about drivers learning they’re out of work via late-night texts is striking a nerve because it echoes real events from the past 18 months. In June 2024, Humble, Texas–based U.S. Logistics Solutions told employees by text or conference call…
National Overview for Truckers — Friday, November 7, 2025 A cold front is sweeping east today, bringing scattered showers and a few strong to severe storms from the Tennessee into the Ohio Valley. Northern New England turns colder tonight with some rain changing to snow. The Pacific Northwest sees another…
PlusAI’s deepening alignment with International (the Navistar brand within Traton Group) and Nvidia is less about a flashy demo and more about shaping a production playbook: factory-built trucks engineered around a standardized AI compute platform and a virtual driver that can scale. The FreightWaves report underscores that shift from retrofits…
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 stakes for fleets weighing 2026 equipment plans. Why now? Fleets…
LRT Group has acquired specialized less-than-truckload carrier XGS, according to reporting this week from FreightWaves. The deal brings another niche LTL network under new ownership at a time when carriers are prioritizing density, service reliability and profitable freight mix over pure volume growth. ([]()) Why it matters: recent earnings paint…
