“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.
Author: Connor D. Wolf
Holiday Season Poses Elevated Threat for Fraud, Cargo Theft
Heightened risk of fraud and theft this holiday season adds to the challenges the trucking industry already is contending with, experts warned.
Class 8 Orders Plummet 47% in Seasonally Unusual November
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.
Used Truck Sales Hit Fifth Consecutive Year-Over-Year Gain
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.
NRF Cites Record 203 Million Shoppers for Extended Weekend
National Retail Federation’s survey found 202.9 million consumers shopped from Thanksgiving Day through Cyber Monday, up from 197 million shoppers last year.
10 Roads Express to Shut Down After Losing USPS Business
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.
October Trailer Orders Edge Higher Than 2024 Level
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 Volumes Slow Nearing End of Strong Year
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.
Trucking Prepares for Subdued 2025 Holiday Shipping Season
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.
Truck Tonnage Slips 2.1% Sequentially During October
Freight tonnage continued to slow sequentially in October, reaching its lowest level since the start of the year, American Trucking Associations reported Nov. 18.
