News
Automation, speed limiters on former FMCSA deputy’s radar for 2025
WASHINGTON — Three federal rulemakings that have cost implications for truckers and motor carriers are on the short-term horizon for a former top official at the Federal Motor Carriers Safety Administration. Earl Adams, who…
Werner CEO stands out for optimistic trucking market outlook
(A quick summary of Werner’s earnings can be found here.) Equity analysts have sat in on enough earnings calls this quarter to have heard from plenty of C-suite executives who at best thought 2025 might be better than 2024 –…
Losses at Heartland Express continue to mount
Truckload carrier Heartland Express reported a third-quarter net loss on Tuesday as it continues “to be hampered by a challenging freight environment.” A $9.3 million net loss (12 cents per share) marked a fifth consecutive…
Federal Railroad Administration awards $2.4B in grants to 122 projects
WASHINGTON — A total of 122 projects in 41 states and the District of Columbia have been named recipients in the Federal Railroad Administration’s Consolidated Rail Infrastructure and Safety Improvements (CRISI) grant…
Landstar says ‘muted peak season’ weighs on Q4 guidance
Landstar System pointed to the expectation of a “muted peak season” as the reason for its worse-than-expected fourth-quarter guidance. The Jacksonville, Florida-based freight broker reported third-quarter earnings per share…
Buttigieg, Lawmakers Tout IIJA on Third Anniversary
Approaching the three-year anniversary of the Infrastructure Investment and Jobs Act, Pete Buttigieg is pointing to the law’s impact on communities and commercial corridors.
Landstar Q3 earnings: First look
Freight broker Landstar System missed third-quarter expectations Tuesday after the market closed. Earnings per share of $1.41 were 4 cents below the consensus estimate and at the low end of management’s guidance range of…
Werner Enterprises Q3 earnings: First look
Werner Enterprises’ third-quarter earnings did not meet consensus estimates on revenue or the bottom line, and its operating ratio declined from a year ago. Here are some of the highlights. Werner’s (NASDAQ: WERN) call with…
International freight drives Q3 intermodal gains
Total intermodal volume in the third quarter increased 9.8% year over year as international containers gained 15.4% and domestic containers were 6% better. Trailers fell 11%, according to the Intermodal Association of North…
Torc Validates Fully Driverless Truck on Test Track
Since May, the independent subsidiary of Daimler Truck has been conducting fully driverless truck tests at up to 65 mph on a multilane test track in Texas, the company revealed Oct. 29.
