Knight-Swift closed the third quarter with a familiar split screen: top-line growth and healthier non-trucking businesses on one side, stubborn truckload headwinds and one-off costs on the other. The company’s message to the market was clear — the recovery is progressing, just not in a straight line. Total revenue edged…
Trucker Path is expanding beyond navigation, parking and loads by embedding a licensed insurance agent directly inside its driver app — a move aimed at making it easier for carriers to shop coverage where they already plan routes and manage their day-to-day. The company framed the launch as the latest…
FreightWaves closed out its F3: Future of Freight Festival in Chattanooga on Wednesday, October 22, by revealing the 2026 FreightTech 25 — the annual snapshot of companies logistics leaders say are pushing the industry forward. Announced live at F3, the list functions as much more than a trophy case: it’s…
Freight factors are finding their float tested just as small carriers need them most. At FreightWaves’ F3 festival in Chattanooga this week (Oct. 21–22), Phoenix Capital President Bryan Alsobrooks said more shippers have been unilaterally lengthening payment terms from the industry’s typical net-30 out to 45, 75, 90 — even…
Knight-Swift turned in another uneven quarter as the carrier works through a long, grinding freight cycle. Third-quarter revenue inched up while profit was dented by insurance and legal items tied to past operations, and the company issued cautious guidance that assumes only modest peak-season lift. The mixed print underscores a…
What’s on offer A new Craigslist posting in Utica, NY advertises immediate openings for six owner-operator cargo van drivers on a dedicated Monday–Friday auto parts route. The post lists a 6:30 a.m. start, roughly 275 miles and 25 stops per day, and a flat $320 daily rate. Candidates must be…
National Overview — Thursday, October 23, 2025 A relatively quiet day nationally with no organized flash-flood threat and only spotty precipitation. Cool, breezy conditions persist around the Great Lakes with lake-effect showers. Winds increase across parts of the High Plains. Heavier mountain snow is expected to ramp up mainly Friday…
At FreightWaves’ F3 festival in Chattanooga on October 21–22, Phoenix Capital President Bryan Alsobrooks described a trend that has factoring firms on edge: shippers stretching payment terms far beyond the traditional 30 days, in some cases toward 90–120 days. The longer tail on collections may help shippers conserve cash, but…
Covenant Logistics’ latest quarter underscored just how unforgiving the truckload market remains. For the three months ended Sept. 30, the Chattanooga-based carrier posted revenue of $296.9 million, up 3% year over year, but GAAP earnings slipped to $0.35 per share ($0.44 adjusted) as margins tightened across core asset-based operations. The…
KNIGHT-SWIFT POSTS Q3 2025 RESULTS; EARNINGS CALL SCHEDULED FOR 4:30 P.M. ET TODAY The nation’s largest truckload carrier released third-quarter results and will discuss performance and outlook on a webcast after the market close on October 22. FREIGHTWAVES’ F3 FESTIVAL DAY 2 KICKS OFF IN CHATTANOOGA WITH MARKET UPDATES, TECH…
