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…
UPS WORLDPORT TO RESUME OPERATIONS WEDNESDAY NIGHT AFTER DEADLY CRASH UPS said its Louisville Worldport hub will restart Wednesday evening, with flights expected to reach destinations by Thursday morning after a network halt following the Nov. 4 crash. Shippers should see gradual normalization as backlogs clear. NTSB PROBES MAINTENANCE HISTORY…
GXO Logistics capped the September quarter with new highs and a clear message to freight partners: its next leg of growth leans heavily into North America. The contract logistics giant posted $3.4 billion in third-quarter revenue, up 8% year over year, with organic growth at 4%. Net income rose to…
Forward Air used its Nov. 5 earnings update to deliver the message a jittery freight market wanted to hear: the board-led review of “strategic alternatives” — including a potential sale — remains underway. Management said discussions with interested parties are continuing and emphasized that updates will come only when the…
United Parcel Service restarted processing at its Louisville “Worldport” air hub on Wednesday evening, Nov. 5, with the company targeting a return to near-normal cadence and first-wave arrivals by Thursday morning, Nov. 6. The move is intended to unclog a temporarily snarled network that feeds much of the U.S. parcel…
