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…
DHL Express has elevated Darryl Wettlaufer to CEO of its Canada division, a leadership change that puts an operations-first executive in charge as shippers brace for the holiday surge. Wettlaufer returns to Canada after running several of the company’s U.S. regional hubs; he will be based in Brampton, Ontario, report…
The Owner-Operator Independent Drivers Association is telling lawmakers that the fastest way to make roads safer isn’t to widen the pipeline of new drivers — it’s to raise the bar for who gets behind the wheel. In a push on Capitol Hill this week, the group urged Congress to clamp…
Introduction Freight markets tightened further into the week of October 20, 2025 (data as of October 20), even as fuel costs eased and macro signals remained mixed. National load postings fell 4.35% week over week (WoW) while truck postings slipped 1.39% WoW, a modest soft patch likely tied to mid-month…
The U.S. Supreme Court on October 20 granted review in Flowers Foods, Inc. v. Brock, a case that asks whether local delivery drivers who move bread and snack cakes entirely within one state are nonetheless “transportation workers” engaged in interstate commerce because the goods arrived from out of state. The…