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Freight Recession Squeezes Top 100 For-Hire Carriers

Soft market conditions in 2023 placed financial strain on many of the largest for-hire trucking companies in North America. 

June 21, 2024

An Immigrant’s Long Journey to Freedom Leads to Trucking

Since coming to the U.S. from Sudan in 1999, Lual Akoon has built a new life for himself — as a trucker and an advocate, meeting with legislators and representing drivers nationwide.

June 21, 2024

Chipmaker Nvidia Becomes Most Valuable Company in S&P 500

Nvidia’s startling ascent in the stock market reached another milestone June 18 as the chipmaker rose to become the most valuable company in the S&P 500.

June 18, 2024

Private Equity Firms Invest in RPM Freight Systems

RPM Freight Systems is to receive backing from private equity firms Trive Capital and Bluejay Capital Partners, the investors said in a news release.

June 18, 2024

What Is Less-Than-Truckload (LTL) Shipping?

Discover Less‑Than‑Truckload (LTL) shipping: how it works, cost benefits, and why it matters in freight logistics. Watch the video to learn more.

June 18, 2024

Artur Express to Run 100 Kodiak Self-Driving Sleeper Trucks

Artur Express plans to operate 100 sleeper trucks with Kodiak Robotics’ self-driving truck technology installed in a partnership between the companies, they said.

June 18, 2024

May Medium-Duty Sales Decline 6% Year-Over-Year

U.S. retail sales for medium-duty trucks declined year-over-year in May after six consecutive months of gains, according to data from Wards Intelligence.

June 18, 2024

Efficient Use of Space Is Key in Weak Freight Market: Study

Over-the-road carriers waiting for an upturn in the freight cycle must make the most efficient use of their trucks’ space to best ride out ongoing market weakness, according to CSCMP.

June 18, 2024

House Panel Takes Up Water Resources Development Act

This month, the transportation panel in the U.S. House of Representatives plans to vote on a policy update to the country’s commercial waterways.

June 18, 2024

Lawmakers Seek to Limit Chinese Influence on Chipmaking

U.S. lawmakers want to prevent companies that win federal chipmaking funds from using Chinese-made equipment at government-backed factories.

June 18, 2024