USA Truck is up for sale again. Less than three years after DB Schenker bought the Van Buren, Arkansas-based carrier, new owner DSV has formally moved to divest the business, classifying parts of Schenker’s U.S. road operations as “held for sale” and reporting them as discontinued operations. Group CFO Michael…
Covenant Logistics’ leadership is bracing carriers for a rough finish to 2025 even as they argue the ingredients for a healthier market are finally falling into place. On the company’s third-quarter call, CEO David Parker and President Paul Bunn said the industry is entering a period where supply is being…
Norfolk Southern’s third quarter landed with a softer revenue glide path even as the railroad touted better service and tighter cost control — a mix that matters for truckload carriers watching the tug-of-war between highway and rail. NS posted $3.1 billion in revenue and adjusted earnings of $3.30 per share,…
A pointed FreightWaves commentary argues the American Trucking Associations has spent years pushing policies that inflated capacity and muddied safety—damaging carrier economics while eroding public trust. That critique is arriving just as federal regulators ratchet up on-the-road enforcement and states scramble to comply, signaling a sharp turn away from growth-at-any-cost…
Why this matters to owner-operators and fleets A new post from the Kim & Rosado Tax Law Blog highlights how experienced tax attorneys in San Jose and Walnut Creek are navigating IRS disputes, asset protection and complex reporting for clients—including small businesses common in trucking. Recent posts flag developments in…
National Overview — Friday, October 24, 2025 A multi-hazard day is unfolding across the U.S. A storm system is triggering showers and strong to severe thunderstorms across the Southern Plains, focusing on the Texas I-35 corridor with a localized flash-flood risk. Farther west, a Pacific front brings steady rain to…
USA Truck is back in play. On Thursday, Oct. 23, DSV said the Arkansas-based carrier it inherited through the Schenker takeover is being marketed for sale, and the company’s latest interim filing classifies a portion of “Schenker US Road” operations as a disposal group held for sale and reported as…
Covenant Logistics is leaning into a “pain before progress” playbook this quarter. On the company’s earnings call Thursday, CEO David Parker said margins remain under strain as the carrier trims underutilized assets and prioritizes contract freight with better returns, a stance he framed as necessary while truckload capacity slowly tightens.…
Covenant Logistics’ third quarter underscored how prolonged overcapacity is still pinching midsize truckload carriers. The Chattanooga-based company posted GAAP earnings of $0.35 per share on $296.9 million in revenue, with adjusted EPS of $0.44—matching consensus—even as profits fell year over year. The mix was clear: asset-light held steady while truckload…
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…