The Truckload Carriers Association has begun a formal search for its next president after Jim Ward said he will retire “in the coming months,” capping a tenure that began in 2022. The association’s announcement sets a clear transition process in motion and signals continuity for members amid a still-uneven freight…
ITS LOGISTICS EXPANDS DROPFLЕET TRAILER NETWORK The 3PL is adding thousands of trailers to its hybrid DropFleet program as shippers seek more flexible, scalable capacity and dedicated pools across regions. Executives say demand is being driven by e-commerce growth and supply chain uncertainty. NEW PUBLIC-PRIVATE COALITION LAUNCHES TO MODERNIZE FREIGHT…
On Oct. 2, 2025, Moody’s affirmed Echo Global Logistics’ corporate family rating at B3 with a stable outlook, leaving its senior secured bank facilities at B2 and the probability of default at B3-PD. In plain terms, the rating sits deep in non‑investment‑grade territory and aligns roughly with a B- at…
WEX used its Over‑the‑Road (OTR) Summit this week to lay out a bigger bet on software-first fueling and AI across its mobility platform — a message aimed squarely at fleets looking to cut waste at the pump and in the cab. The company framed digital fueling as a way to…
A new reliability study making the rounds in the EV world says the quiet part out loud: “uptime” isn’t telling drivers — or dispatchers — what they need to know. While networks tout 98%+ availability, the metric that matters on the road is first-time charge success. And on that count,…
Robert Primus, the Democrat ousted from the federal board that referees America’s freight railroads, has sued to get his job back — and the timing could ripple through trucking. In a complaint filed October 1 in U.S. District Court in Washington, Primus argues his August 27 removal from the Surface…
Echo Global Logistics will keep its B3 corporate family rating with a stable outlook at Moody’s, a verdict that essentially says the Chicago-based 3PL can ride out today’s choppy trucking market—but with limited room for error. Moody’s also affirmed the company’s senior secured bank facilities at B2 and maintained the…
The nation’s busiest container gateway is mapping out a brand-new terminal built for the era of ultra-large ships. The Port of Los Angeles has invited proposals for a public‑private pre‑development agreement on “Pier 500,” a 200‑acre, two‑berth container complex planned along the Pier 400 Channel at the southern tip of…
What changed this week On September 30, 2025, the Treasury Department and IRS released interim guidance on the Corporate Alternative Minimum Tax (CAMT) that effectively excludes “paper” gains and losses on digital assets from the CAMT calculation. In plain English: large corporations won’t owe the 15% CAMT just because the…
National Overview — Friday, October 3, 2025 A strong fall storm is moving into the West, bringing showers, gusty winds, and high-elevation snow to the Intermountain West and northern Rockies. Farther east, a broad ridge keeps the Plains, Midwest, and Great Lakes unusually warm. Along Florida’s east coast, persistent onshore…
