California and Texas lead in new trucking company authorizations, but specific ZIP codes within those states (Fresno, Laredo) show disproportionately high numbers. This surge is attributed to ...
The freight industry is on the cusp of its largest capacity purge in history, projected to eliminate up to 600,000 active drivers (17% of the workforce). This significant reduction is primarily driven ...
VIB Trans, an Illinois-based trucking carrier, filed for Chapter 11 bankruptcy due to the "Great Freight Recession," marking the longest downturn in trucking history. This highlights a severe industry ...
US parcel shipping revenue growth lagged volume growth in 2024 due to increased competition and price pressure from new last-mile delivery companies and Amazon. Smaller carriers and Amazon are gaining ...
A U.S. Postal Service audit revealed that the agency spent hundreds of thousands of dollars monthly on idle trailers due to poor utilization monitoring. An estimated 20% of North American trailers sit ...
TFI International completed its $800 million acquisition of UPS Freight, becoming one of North America's largest less-than-truckload carriers. The acquisition includes approximately 6,300 trucks and ...
UPS has renamed its SurePost service to Ground Saver after ending its USPS partnership. Ground Saver offers comparable delivery times to UPS Ground, but with improved reliability and visibility, ...
The trucking industry's purported "driver shortage" is a myth perpetuated by large carriers to maintain low driver costs and high turnover. This narrative allows large carriers to justify lower driver ...
Extreme weather events in 2024 (heat waves, floods, wildfires) have severely disrupted global supply chains, causing billions of dollars in damages and impacting various industries. The anticipated El ...
Major U.S. railroads are lobbying the Trump administration to overturn a Biden-era rule mandating two-person crews on freight trains, citing it as an unsubstantiated mandate hindering innovation and ...
Freight Technologies Inc. (Fr8Tech) invested $2 million in Donald Trump's $TRUMP meme coin to advocate for increased U.S.-Mexico trade and technology investment ...
DAT, a subsidiary of Roper Technologies, is transforming from a traditional load board into an AI-powered, automated freight marketplace, drawing significant positive attention from executives. This ...
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