PAMT Corp closed the September quarter in the red again, posting a $5.6 million net loss on $150.3 million in revenue — a year-over-year revenue slide of nearly 18% as the truckload downcycle persisted. The company’s third-quarter results keep the carrier on a multi-quarter loss streak and underscore how difficult…
Introduction U.S. spot freight conditions tightened into the week ending October 27, 2025. National load postings rose 3.0% week over week while available trucks slipped 0.6%, adding lift to load-to-truck ratios (LTRs) in dry van and reefer. On a larger horizon, October’s momentum is notable: loads are up 18.8% month…
Landstar’s latest quarter underscored how uneven this truckload cycle remains: platform/flatbed freight is doing more of the heavy lifting while dry van continues to lag. For the three months ended Sept. 27, the asset‑light carrier posted $1.21 billion in revenue, essentially flat year over year, with adjusted earnings per share…
PAMT Corp. reported another quarterly loss as weak contract pricing and a lighter freight mix continued to pressure margins. For the quarter ended Sept. 30, the Tontitown, Arkansas-based carrier posted operating revenue of $150.3 million, down 17.7% year over year, and a net loss of $5.6 million, or 27 cents…
Spot container prices on key East–West lanes climbed sharply this week, with Asia–U.S. West Coast, Asia–U.S. East Coast and Asia–Northern Europe lanes showing roughly 14%–20% week-over-week gains as carriers pushed through mid‑October increases and tightened capacity. At the same time, the broader Drewry composite index edged 2% lower, highlighting how…
Why this matters to fleets and owner-operators Texas Society of CPAs is flagging a cluster of tax issues that directly affect the trucking P&L and compliance calendar: the Employee Retention Credit (ERC), IRS updates, excise taxes, OECD “Pillar” developments, digital assets/virtual currency, and fresh guidance/resources across federal tax. For small…
U.S. Trucking Weather Briefing – Wednesday, October 29, 2025 Widespread showers and thunderstorms extend from the South into the Ohio Valley and Northeast today, while dry, gusty winds bring elevated to critical fire weather to Southern California and much of South Texas. Light mountain snow persists early in the northern…
Green shoots are starting to show, but they’re sprouting in uneven ground. In FreightWaves’ latest State of Freight takeaways, panelists pointed to localized capacity strain in Southern California — driven in part by drivers stepping back from the market — and spot firmness in select lanes. Those micro-tightness signals sit…
When thieves scaled the Louvre’s facade with a lift, smashed cases and vanished with royal jewels in minutes, it looked like a one-off caper. It isn’t. The same blueprint—precision planning, borrowed or repurposed equipment, and flawless execution inside legitimate operations—now drives a wave of cargo theft and freight fraud across…
Landstar System’s latest quarter offered a clean snapshot of a split truckload market: industrial-facing flatbed held its ground while consumer-tied dry van stayed sluggish. For the quarter ended Sept. 27, the asset-light carrier reported revenue of $1.205 billion, essentially flat year over year, and adjusted earnings of $1.22 per share…
