Plus: The Supreme Court reviews Trump’s tariff case, IPS and J&R Schugel join forces, U.S. Bank shows shrinking freight but rising rates, and more in today's newsletter.
Plus: SNAP cuts could hit holiday freight, C.H. Robinson rockets on AI-driven profit gains, the U.S. and China pause tariff tensions, and more in today’s newsletter.
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Werner reports hopeful trends despite Q1 challenges, with expectations for seasonal recovery and cost-saving measures.
Werner Enterprises (NASDAQ: WERN) believes the freight recession's end is near. Despite Q1 challenges like inclement weather and insurance costs, it expects seasonal recovery.
However, truckers express skepticism about market recovery, with some saying the reality doesn't match the data.
I see some saying the freight recession is coming to an end but it looks the opposite to me. The last 4 weeks have been the worst for my trucks over the past 5 years. Volumes for refrigerated (contract) freight have been a dumpster fire in my experience.
— JoBangles (@theericredbeard) May 1, 2024
What the “data” says…
Source: FreightWaves | Werner Enterprises
PAMT breached a debt covenant in Q2 2025, highlighting mounting losses, rising debt from equipment purchases, and continued struggles to meet revenue goals as lenders grant temporary waivers.
Aurora logged its first revenue in Q2 2025, expanded driverless trucking to nighttime operations, and grew its network, even as losses topped $200 million and safety concerns.
Triumph Financial settles USPS dispute, boosts Q2 profits, and expands data and payments strategy with acquisitions like Greenscreens and ISO.
J.B. Hunt posts flat revenue and lower profit in Q2 2025, with intermodal volumes up but cost pressures weighing on margins.
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