FreightWaves

First look: GXO books strongest sales quarter in three years GXO Logistics reported second-quarter 2026 financial results Tuesday that showed continued momentum in contract logistics despite a cautious global freight …

Matson, Inc. (NYSE: MATX) reported second-quarter 2026 earnings that significantly exceeded Wall Street expectations, driven by robust demand and higher freight rates in its premium China service. The Honolulu-based carrier …

The cargo division of Deutsche Lufthansa AG (FRA: LHA) posted a 26% gain in adjusted operating profit during the second quarter as strong shipping demand in Asia and from AI-driven …

500K June boxes for Port of New York-New Jersey Seismic trade policy shifts and raging geopolitics failed to hamper June container traffic through the Port of New York-New Jersey. The …

Canadian bulk hauler Trimac Transportation announced Tuesday that it has acquired bulk food-grade logistics provider California Freight. California Freight operates eight terminals, a warehouse and a brokerage office across California …

Summary View Transcript Nolan was critical of the influx of capital and new entrants into freight brokerage from 2019 through approximately 2024, arguing that operators willing to lose money — …

Summary View Transcript Operationally, Brooks said neither land nor used trailers represent a significant constraint on growth. The company typically needs only 3 to 5 acres of gravel per location, …

Summary View Transcript Speaker 1 [0:07] Today’s sonar update. I’m going to focus on two things. Today is Tuesday, August fourth. One, an exciting new sonar development. We have partnered …

Summary View Transcript Looking ahead, Ritchie said she is most encouraged by a broader shift in how shippers are approaching outsourcing decisions. “People are back to actually thinking about supply …

Record first-half container volumes at Port Houston and historic cargo tonnage at the Port of Corpus Christi suggest shippers and energy exporters are still moving freight despite an increasingly uncertain …

FreightTech has a new unicorn, and it took 20 months to build. HappyRobot closed a $150 million Series C at a $1.2 billion post-money valuation, putting a price on the …

Just about every statistic for Expeditors International in the second quarter was significantly higher than it was a year ago. In the key measurement of volume, airfreight measured in kilos …

Lanesurf gave $15,000 to its AI agent. Any broker in the country can call and take it. Lanesurf, which helps freight brokerages cover loads in 10 minutes, has opened a …

Although the transportation market cooled in July from a seasonally stronger June, it remained very tight, according to data from a monthly survey of supply chain professionals. Key transportation metrics …

Diesel consumers can be excused if they are exhausted from trying to project where the prices they pay at the pump will be going after the events of the past …

Ocean Network Express (ONE) reported Q1 FY2026 revenue of US$4.539 billion and a net profit of $31 million, while lifting its full-year profit forecast sharply to $900 million from the …

Prologis announced Tuesday that it will move forward with a plan to acquire London-based logistics warehouse operator Segro. Prologis put forward its “best-and-final” offer last month, following multiple rejections from …

Los Angeles Port Police task force officers helped investigators seize 1,378 pounds of methamphetamine worth approximately $12.5 million in Los Angeles County. Authorities executed a July 28 search warrant at …

The Trucking Association Executives Council (TAEC) says a year of coordinated federal and state enforcement has resulted in sweeping changes to cross-border trucking, commercial driver licensing and highway safety. In …

Integration of ‘The Register’ indicator provides SONAR users with critical foresight into retail demand, market confidence and inventory volatility SONAR and Retlia have announced a partnership to deliver advanced retail …

The freight recession spent three years handing shippers cheap trucks. That invoice for its ending arrived in the second quarter. Shippers moved less freight between April and June and paid …

July’s manufacturing data showed a stronger-than-expected push into expansion territory. A survey of manufacturing supply executives returned a 55.6 reading for the month, 2.3 percentage points above June and the …

Atlas Air Worldwide Holdings has completed its transaction to take a 49% stake in Iceland-based Air Atlanta, the all-cargo carrier and lessor announced on Monday. As part of the deal, …

Drayage drivers who hauled for STG Logistics in New Jersey may be eligible for a piece of a more than $2.2 million payout by the company following the resolution of …

Australia Post said Monday it opened its first mobile post office and parcel lockers on the Royal Australian Air Force base in Darwin, giving military personnel access to essential mail …

El Paso County investigators seized nearly 120 kilograms of cocaine from a commercial tractor-trailer during a targeted interdiction operation. Detectives also recovered $7,000 in cash and confiscated the truck. Authorities …

Recent commercial vehicle enforcement operations across eight states placed at least 32 truck drivers and 45 commercial vehicles out of service, underscoring continued nationwide scrutiny of licensing, maintenance and cargo …

Federal prosecutors say a Louisiana bribery scheme helped at least 124 people fraudulently obtain commercial driver’s licenses they did not earn. Three defendants pleaded guilty July 29 for participating in …

Lufthansa Cargo insists it will soon resume commercial service with its four Airbus A321 converted freighters that were grounded nearly four months ago, but all signs suggest the carrier has …

CHICAGO — The market for enterprise AI agents is not being won on model quality anymore, according to Yoav Naveh, founder and CEO of Reindeer, and that shift is reordering …

After 42 days on the picket line, union warehouse workers at C&H Sugar’s Crockett, California refinery have returned to work under a 60‑day extension of contract negotiations. The pause in …

A Florida Lottery player mailed a winning Pick 4 ticket to its intended destination. The $2,600 prize never arrived. Instead, investigators traced the entry to the Florida Lottery’s Miami District …

Summary View Transcript Covenant’s team-truck fleet, once as large as 1,700 to 1,800 units, currently stands at approximately 750 teams, with Parker saying he needs 20 to 30 more to …

Summary View Transcript Beyond the Robinson litigation, Kingston flagged consistent themes across the broader earnings cycle: insurance costs are expected to rise across the board, shippers will increasingly seek out …

Summary View Transcript Speaker 1 [0:08] Okay, today’s Sonar Update, I really want to talk about 5 key pillars that I’m seeing happening in the market and then back those …

Summary View Transcript On the asset-light leadership front, ArcBest hired Mack Pinkerton to run the division. Pinkerton previously led C.H. Robinson’s NAS product, which Runzer identified as the largest freight …

Federal officers uncovered more than 1,000 pounds of cocaine concealed beneath floorboards on a commercial truck’s attached flatbed trailer. The truck arrived at California’s Calexico Port of Entry. Authorities estimated …

Autonomous trucking developer Aurora Innovation (NASDAQ: AUR) reported a second-quarter net loss of $270 million on $2 million in revenue Wednesday. Executives restated the driverless truck rates behind the two …

An Erie, Pennsylvania, commercial driver faces 22 charges after a July 23 crash involving nine vehicles. According to the affidavit, police identified Irabaruta Ezechiel as the driver of a 2022 …

Amazon continued to speed up delivery service and make improvements to its fulfillment network during the second quarter, executives said in conjunction with the release of financial results on Thursday. …

Covenant Logistics stock plunged Thursday on an earnings report that had little in it that reflected the strengthening truckload market. It was clear from the opening remarks on the company’s …

Gains from equipment sales allowed truckload carrier Heartland Express to return to profitability in the second quarter. Heartland (NASDAQ: HTLD) reported net income of $10.6 million, or 14 cents per …

One of autonomous trucking’s most convincing commercial proof points isn’t running down an interstate. It’s hauling frac sand along a 42-mile conveyor in the Permian Basin. Atlas Energy Solutions (NYSE: …

Thursday was a busy day for companies developing automated truck loading and unloading technology. FedEx Corp. (NYSE: FDX) announced it is scaling up use of a specialized robot for loading …

Multimodal transportation provider Schneider National handily beat second-quarter expectations and raised its full-year earnings outlook. It said a capacity constrained truckload market is “only in the early stages of rate …

California Highway Patrol investigators recovered more than $500,000 in stolen merchandise from a discount retail store in Rialto. The recovery followed a July 28 search warrant. CHP linked the business …

Law enforcement officers in South Carolina and North Carolina recovered 13 semi-trucks, three trailers and two motor vehicles worth more than $1 million. The recovery came during an ongoing Florence …

Every large fleet chasing AI eventually runs into the same fork in the road: buy a partner solution or build the technology in-house. Hirschbach Motor Lines picked a partner, and …

U.S. Transportation Secretary Sean P. Duffy announced Freedom Haulers, describing it as a patriotic hiring campaign to move veterans into trucking careers. The Department of Transportation leads it, with contributions …

Summary View Transcript Covenant is celebrating its 40th year in 2026, having been founded by David Parker in 1986. Wimberly noted the company spent its first 30 years as a …