The UP-NS pitch to regulators is that the combined network would pull 2.1 million truckloads off highways annually. Plus: USPS signs a $10B+ deal with DHL, 20+ carriers go under in May, and Hub Group's CFO and COO are out.
The freight tech aisle has gone full AI. The ops floor has not. Here's what's actually moving the needle in 2026.
A viral X thread by @supertrucker exposed the concentration of trucking companies in California.
Werner Enterprises' CEO Derek Leathers believes the worst of the freight downcycle is over, despite ongoing challenges and volatile fuel costs.
After a challenging period for Werner Enterprises, Chairman and CEO Derek Leathers optimistically predicts that the worst of the freight downcycle may be behind. Leathers provides insights:
Leathers acknowledges the endurance of smaller carriers and mentions Werner’s cost-saving initiatives of over $40 million, a significant portion of which have already been enacted. As the market recovers, Leathers assures that Werner will remember which shippers honored their agreements during tough times.
Source: FreightWaves
The consensus has the freight market around its bottom, so the only place to go is up. But the July Cass Freight Index suggests the climb isn't happening yet, with shipments -8.9%, truckload -12.7%, inferred rates -17% & expenditures -24.4% from last year https://t.co/U0GGI116XY pic.twitter.com/OFhLU4RITy
— InTek Logistics (@InTekLogistics) August 14, 2023
Plus, the offshore dispatchers your safety score can't catch, why Hormuz stays closed even after the war ends, what Triumph Financial's invoice volumes say about where freight is headed, and more.
Plus, diesel's rising price streak finally snaps, a 13-year shipper relationship ends in a $726K lawsuit, Congress takes a real swing at cargo theft, and more in today's newsletter.
Plus, C.H. Robinson's 2026 rate forecast update, Hormuz tankers still stuck, a $1M LEGO heist, and more.
The March LMI reads like 2022 with prices at a 4-year high. Plus: warehouse arson in California, Mexico's trucker strike enters day three, and broker margins are still underwater.
Join over 14K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe & be sure to check your inbox to confirm (and your spam folder just in case).
