GXO logged a record third quarter and signaled it’s leaning into a bigger North American footprint, a combination that could add steady freight to warehouse-adjacent trucking lanes as peak season winds down. The contract logistics provider reported Q3 revenue of $3.4 billion, up 8% year over year, with adjusted EBITDA…
Forward Air told investors on Wednesday, November 5, that its months‑long strategic alternatives process — including a potential sale — is still moving ahead, with management describing ongoing discussions with multiple interested parties but declining to set a timetable or comment on market rumors. The reaffirmation came as the company…
UPS CARGO JET CRASH IN LOUISVILLE KILLS AT LEAST 9; ENGINE SEPARATION PROBED A UPS MD-11 freighter crashed shortly after takeoff from Louisville on Nov. 4, killing at least nine people and injuring others; investigators are focusing on reports that an engine separated during the takeoff roll. One runway remains…
U.S. Diesel Prices Nudge Higher; Midwest Leads Gains While Rockies Slip The national average price of on-highway diesel rose to $3.753 per gallon for the week of November 3, 2025, up 3.5 cents from the prior week. Most regions posted modest increases, led by the Midwest, while the Rocky Mountain…
Price momentum returned to trucking in October as the Logistics Managers’ Index held steady at 57.4, but the mix shifted decisively toward transportation. Utilization jumped and prices accelerated while capacity growth eased, breaking a two‑month stretch in which capacity had outpaced pricing. Inventory levels slipped into slight contraction, a sign…
Ukrainian-born truckers working in the United States say a sudden federal overhaul of non-domiciled commercial driver licensing has thrown their livelihoods into uncertainty, as fleets sort through who can stay behind the wheel and who can’t. The policy shift, detailed by FreightWaves, lands at a moment when many recent arrivals…
Introduction Shippers enter early November with freight fundamentals that are gradually improving on a year-over-year basis but mixed in the near term. As of November 3, 2025, van, reefer, and flatbed markets all show sharply higher load-to-truck ratios versus a year ago (+48.6%, +93.0%, and +72.5%, respectively), even as week-to-week…
The International Brotherhood of Teamsters is turning up the heat on UPS over the company’s growing reliance on Roadie, its gig-based delivery arm, arguing the work may overlap with union-protected jobs. FreightWaves reported Tuesday, November 4, that the union plans to press the company on where and how Roadie contractors…
A UPS cargo jet crashed shortly after takeoff from Louisville’s Muhammad Ali International Airport on Tuesday, November 4, forcing an overnight shutdown of the company’s Worldport air hub and leaving at least seven people dead and 11 injured, according to officials. The flight, operating as UPS 2976 and bound for…
UPS’s global air hub in Louisville went dark overnight after a Honolulu-bound MD-11 freighter crashed and erupted in flames just beyond the departure end of Runway 17R on Tuesday, November 4, killing at least seven people and injuring 11 others, local officials said. The company suspended sorting at Worldport for…
