LTL carriers beat expectations on tonnage and pricing in Q3, while truckload operators saw profit growth lag. Diesel prices jumped 48% year over year, raising questions about fuel surcharge recovery.
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ShipMatrix expects about 2.4 billion parcels to move this peak season, the highest since 2022, while retail parcel rates are up 16% year over year.
Read MoreSaia reported record third-quarter revenue of $982.5 million, up 17% year over year, and announced a $250 million buyback as its network buildout shifts toward profitability.
Read MoreUS LTL carrier Old Dominion posted its first year-over-year tonnage growth in more than two years in September, though management says a broader demand recovery hinges on easing energy costs.
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Miami International Airport has signed with Kalé Logistics Systems to build an AI-based air cargo community system that connects airlines, forwarders, truckers and customs brokers on one platform, aiming to cut paperwor…
Read MoreThe deputy administrator of the U.S. Federal Motor Carrier Safety Administration said repairs to the new Motus registration system will take weeks, not months, but gave no firm date for full restoration.
Read MoreUS rail equipment supplier Wabtec posted 8% revenue growth and a 27% rise in operating income, raising its full-year guidance, though new locomotive orders have yet to pick up.
Read MoreNew truckload contracts in the US are pricing about 13% above the rates they replace, with double-digit increases persisting for months amid flat capacity growth.
Read MoreThe head of a U.S. zero-emission commercial vehicle dealer group argues the industry is overly focused on Class 8 electric trucks, while Class 4-6 medium-duty models are ready today and small fleets should benefit first…
Read MoreCass Information Systems reported a 19% year-over-year increase in Q3 earnings per share, with transportation dollar volumes up 14.5% and about a quarter of the gain in average invoice value coming from fuel surcharges.
Read MoreHuaqiutong specializes in China–US cross-border logistics, offering integrated Ocean + Parcel, Ocean + Truck, overseas warehousing, FBA first-mile, and last-mile delivery services.
