Author: Jim Stinson

Jitters and trade wars are roiling the markets and troubling freight companies, but the big question is if the U.S. economic expansion may be coming to a close soon.

Truck tonnage surged 7.3%, the largest year-over-year gain since April, compared with July 2018, according to American Trucking Associations.

A nationwide economic contraction, not just a freight recession, could arrive soon, according to Cass Information Systems’ July freight report.

Don Daseke, chairman and CEO of Daseke Inc., will retire from the company effective immediately.

Don Daseke, chairman and CEO of Daseke Inc., will retire from the company effective immediately.

An investor that helped Celadon Group Inc. refinance its debt has acquired nearly half of the company through a $165 million deal that the motor carrier said will help it move forward with its turnaround plans.

An investor that helped Celadon Group Inc. refinance its debt has acquired nearly half of the company through a $165 million deal that the motor carrier said will help it move forward with its turnaround plans.

Class 8 orders were down to their lowest level since 2010 in July, according to ACT Research.

UPS Inc. said PepsiCo executive Brian Newman will replace Chief Financial Officer Richard Peretz.

The U.S. average retail price of diesel continued to drop, falling 2.1 cents to $3.011 a gallon, the Department of Energy reported Aug. 12.