Author: Connor D. Wolf

“I’ve had the privilege of working alongside the most talented and dedicated professionals in our industry to deliver for our employees, customers and shareholders,” CEO Robert Sanchez said.

Heightened risk of fraud and theft this holiday season adds to the challenges the trucking industry already is contending with, experts warned.

North American Class 8 truck orders fell from the prior year and sequentially in November despite the month usually being the third strongest of the year.

Sales increased 3.8% to 24,700 units from 23,800 in the 2024 period and 9.3% from 22,600 in September, according to ACT Research data.

National Retail Federation’s survey found 202.9 million consumers shopped from Thanksgiving Day through Cyber Monday, up from 197 million shoppers last year.

The Carter Lake, Iowa-based contract carrier cited headwinds hindering the overall transportation sector and the loss of USPS, whose contract accounted for 70% of the company’s revenue.

Preliminary net orders in October increased 3% year over year to 17,100 units. September had marked the first time orders trended below the prior-year results since April.

Port of Los Angeles is bidding to reach the 10-million-container mark for the third time in its history, according to Executive Director Gene Seroka. 

Carriers attribute the softer outlook to shippers front-loading inventory earlier in the year due to tariff concerns, combined with cautious consumer spending amid inflation worries.

Freight tonnage continued to slow sequentially in October, reaching its lowest level since the start of the year, American Trucking Associations reported Nov. 18.